487 Williams Ave, Memphis, TN 38126
- $369,000
- List Price
- $369,000
- Price Change
- ▼ $10,000 1772142380
- MLS#
- 10197300
- Property Type
- Multifamily
- Lot Size
- 50 X 170
- Status
- ACTIVE
Property Description
PRICE ADJUSTMENT!! PRICE JUST LOWERED ON THIS 6-UNIT APARTMENT BUILDING LOADED WITH POTENTIAL! Owner has put ~$140,000 in renovations into the building over his tenure of ownership including- refurbishing all 6 units and replacing the sewer (March 2025). 2 units rented, 2 units moving out soon, 2 units vacant and move in ready. Wall heaters need to be repaired or replaced. Building being sold 'as is.' Leases, rent rolls and maintenance records available upon request. Call for showings. No wholesale, seller financing, or creative offers. Please do not disturb tenants.
Additional Information
- Actual Annual Rent
- 3280
- Annual City Tax
- 648
- Annual County Tax
- 687
- Construction
- Brick
- Foundation
- Slab
- Hot Water
- Gas
- Legal Subdivision
- Wilson
- Lot
- 12
- Lot Size
- 50 X 170
- New Financing
- Conventional
- Occupancy
- 66
- Parking Facility
- Detached, Gravel, More Than 1 Per Unit
- Roof
- Shingle/Shake
- Subdivision
- WILSON
- Subtype
- Apartment Building
- Tenant Pays
- Some Utilities, Trash Collection, Water/Sewer
- Year Built
- 1964
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Listing courtesy of KAIZEN Realty, LLC.
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