$229,500
$224,900
2.0%For more information regarding the value of a property, please contact us for a free consultation.
1160 SPRINGDALE ST Memphis, TN 38108
Key Details
Sold Price $229,500
Property Type Multi-Family
Sub Type Apartment Building
Listing Status Sold
Purchase Type For Sale
Subdivision Wm M Bells Springdale~
MLS Listing ID 10129684
Sold Date 11/23/22
Year Built 1963
Annual Tax Amount $2,805
Property Sub-Type Apartment Building
Property Description
Look no further for a small complex. There are some renovations needed which would increase rents for a potential 40k a year income project. Ride by and call to get more information This complex is 75% occupied and ready for your clients to finish the renovations with a possibility of increasing rents (450.00) after completion. Units 6 need complete rehab, code has passed gas. Property is professionally managed. Current monthly rent $2125.00 , 1 unit ready for move in at 450.00
Location
State TN
County Shelby
Area Vollintine/Northside
Interior
Heating Wall Heat
Cooling Other (See Remarks)
Flooring Vinyl Floor
Laundry Connections
Exterior
Parking Features Gravel
Roof Type Shingle/Shake
Building
Story 2
Foundation Slab
Water Gas
Others
Acceptable Financing Conventional
Listing Terms Conventional
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Bought with Jeffrey B Moore • Crye-Leike Commercial