1572 Hanauer St, Memphis, TN 38109

$520,000

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List Price
$520,000
Price Change
▼ $60,000 1782432352
MLS#
10196313
Property Type
Multifamily
Lot Size
150 X 189.5
Status
ACTIVE

Property Description

Great opportunity for a new or seasoned investor looking to get into multi-family investing. 8-One BR/1BA & 2-Two BR/1 BA units for a total of 10. Most units have been renovated, 4 from the studs up with mechanical, electric and plumbing. All roofs less than 4 years old. Tenants pay for all utilities, owner pays for water & outside house lights. Great location, 10 minutes to Memphis Airport & FedEx World Hub, 7 Minutes to Downtown Memphis. Showings with accepted PSA

Additional Information

Actual Annual Rent
49800
Annual City Tax
841
Annual County Tax
892
Construction
Brick
Foundation
Slab
Hot Water
Gas
Legal Subdivision
Hanauer
Lot
24 & N
Lot Size
150 X 189.5
New Financing
Cash Only, Conventional
Occupancy
70
Parking Facility
Gravel
Roof
Shingle/Shake
Stories
1
Subdivision
HANAUER
Subtype
Apartment Building
Tenant Pays
Electric, Gas, Security Deposit, Some Utilities
Year Built
1952

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
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Calculator source: Real Geeks

Listing courtesy of Braden, Braden & Braden LLC.

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