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266 Bond Ave

Memphis, TN 38106
  • $710,000
  • STATUS: Active
  • ON SITE: 56 Days
  • MLS #: 10145561
UPDATED: 56 min ago
$710,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Palmer Realty Co
Type:
Multi-Family
Built:
1956
County:
Shelby
Area:
South Memphis/61 Hwy

School Ratings & Info

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Description

This 32 units includes 266 and 269 Bond. There is an 18 unit and a 14 unit. This is a value add opportunity and is located near downtown. The units are all 2 bedrooms. The total scheduled monthly income is 16865. Drive by only . Please do not disturb tenants.

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© 2023 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Area C. Mays | KAIZEN Realty. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2023-06-06T08:03:11.29.
www.areacmays.com/homes/138430783
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266 Bond Ave Memphis, TN 38106

  • Price: $710,000
  • Status: Active
  • On Site: 56 Days
  • Updated: 56 min ago
  • MLS #: 10145561
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1956
Built
Neighborhood:
Palmer Realty Co
County:
Shelby
Area:
South Memphis/61 Hwy
Property Description
This 32 units includes 266 and 269 Bond. There is an 18 unit and a 14 unit. This is a value add opportunity and is located near downtown. The units are all 2 bedrooms. The total scheduled monthly income is 16865. Drive by only . Please do not disturb tenants.
Exterior Features

Buildings 2 Construction Brick/Veneer Foundation Conventional/Crawl Space Land Sq Ft 25395 Lot Size 155/190.5 X 159.5/147.3 Parking Facility Attached Roof Shingle/Shake

Interior Features

Appliances Equipment RefrigeratorRange/Oven (Freestanding) Cooling Systems 2+ Window Units Per Unit Floors And Ceilings Vinyl Floor Heating Systems Wall Heat Hot Water Gas Improved Sq Ft 19872 Laundry None

Property Features

1 Bedroom Units 0 2 Bedroom Units 32 3 Bedroom Units 0 Actual Annual Rent 84180 Annual City Tax 2109 Annual County Tax 2673 Annual Insurance Expenses 7990 Annual Operating Expenses 29179 Assumption No Assumption Average Annual Utilities 0 Contingency Type No Contingency Efficiency Studio Units 0 Existing Financing Conventional Fixed Gross Potential Annual Rent 84180 Legal Subdivision Name Palmer Realty Co Lot Number 37-42 Multifamily Type Apartment Building New Financing Conventional Operating Expenses Management Other Units 0 Percent Occupancy 55 Possession Tenants Rights Sale Includes Some Appliances Source Of Info Owner Tenant Pays Some Utilities Type Of Leases None Type Of Units 2 Br - 1 Bath

Listing information © 2023 Memphis Area Association of REALTORS®.
Listing provided courtesy of Crye-Leike Commercial: 901-758-5670.



© 2023 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Area C. Mays | KAIZEN Realty. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2023-06-06T08:03:11.29.
 
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Area C. Mays | KAIZEN Realty
7540 North St.
Germantown TN, 38138