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$ 925,000
Est. payment /mo
New
478 E GEORGIA AVE E Memphis, TN 38126
8,750 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Condo
Sub Type Apartment Building
Listing Status Active
Purchase Type For Sale
Square Footage 8,750 sqft
Price per Sqft $105
Subdivision John Brown
MLS Listing ID 10232457
Year Built 1966
Annual Tax Amount $7,122
Property Sub-Type Apartment Building
Property Description
This 14 unit is located near the downtown area. It represents a unique opportunity for an experienced rehab investor. Most of the rehab work has been done. Rehab was from the studs out and includes new electrical and plumbing. The units are all 2 bedrooms. Current rents average 695/mo . Market rents are a minimum of 895. Call listing agent to make arrangements to show. Drive by only, please. Have lender that will finance 90% including rehab costs...
Location
State TN
County Shelby
Area South Bluffs/Downtown
Interior
Heating Central
Cooling Central
Flooring Wood Laminate Floors
Equipment Refrigerator, Range/Oven (Freestanding)
Laundry None
Exterior
Parking Features Asphalt/Blacktop
Roof Type Composition
Building
Story 2
Foundation Slab
Water Electrical
Listed by Jeffrey B Moore • Crye-Leike Commercial