661 St Paul Ave, Memphis, TN 38126
- $529,000
- List Price
- $529,000
- Price Change
- ▼ $50,000 1779559388
- MLS#
- 10220613
- Property Type
- Multifamily
- Lot Size
- 70X160
- Status
- ACTIVE
Property Description
Fully occupied and stable apartment building in South City, footsteps from Downtown! Brings in over $6100 gross monthly, 4 tenants with vouchers and room to increase traditional tenants’ leases! All units have central ac and splitters for heat, rear parking lot with alley access, and no major repairs needed! Plenty of development has been completed in the area with more to come. Strong tenant demand being in proximity to multiple universities, medical, entertainment, art and historic districts!
Additional Information
- Actual Annual Rent
- 74220
- Annual City Tax
- 2979
- Annual County Tax
- 3105
- Construction
- Brick
- Foundation
- Slab
- Hot Water
- Gas
- Legal Subdivision
- Lucy A Tate
- Lot
- 9
- Lot Size
- 70X160
- New Financing
- Cash Only, Conventional
- Occupancy
- 100
- Parking Facility
- Attached, Concrete
- Roof
- Built-Up, Shingle/Shake
- Stories
- 2
- Subdivision
- LUCY A TATE
- Subtype
- Apartment Building
- Tenant Pays
- All Utilities
- Year Built
- 1966
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Listing courtesy of Tri-Leake Realty.
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