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269 Bond Ave

Memphis, TN 38106
  • $420,000
  • STATUS: Active
  • ON SITE: 107 Days
  • MLS #: 10142397
UPDATED: 75 min ago
$420,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1958
County:

School Ratings & Info

Description

Development opportunity with existing 14-unit apartment complex only 6 mins from the Historic Stax Museum area (Opportunity Zone)! All units are 2 bed/1 bath. Property is separately metered for ALL utilities. Needs repair for Serious upside in rents, plus 8 vacant units for immediate increase to the gross monthly income. Investors call for more information, this asset wont be on the market for long.

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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: 2023-06-09T13:03:25.62.
www.areacmays.com/homes/137147639
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269 Bond Ave Memphis, TN 38106

  • Price: $420,000
  • Status: Active
  • On Site: 107 Days
  • Updated: 75 min ago
  • MLS #: 10142397
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1958
Built
Neighborhood:
Palmer Realty Co
County:
Shelby
Area:
South Memphis/61 Hwy
Property Description
Development opportunity with existing 14-unit apartment complex only 6 mins from the Historic Stax Museum area (Opportunity Zone)! All units are 2 bed/1 bath. Property is separately metered for ALL utilities. Needs repair for Serious upside in rents, plus 8 vacant units for immediate increase to the gross monthly income. Investors call for more information, this asset wont be on the market for long.
Exterior Features

Buildings 1 Construction Brick Foundation Other (See Remarks) Lot Size 157.36/ X 131.81 IRR Misc Exterior Other (See Remarks) Parking Facility Asphalt/BlacktopConcrete Roof Other (See Remarks)

Interior Features

Appliances Equipment Other (See Remarks) Cooling Systems Other (See Remarks) Floors And Ceilings Other (See Remarks) Heating Systems Central Hot Water Other (See Remarks) Laundry None

Property Features

1 Bedroom Units 0 2 Bedroom Units 14 3 Bedroom Units 0 Amenities Other (See Remarks) Annual City Tax 1128 Annual County Tax 1416 Assumption Other (Call La) Contingency Type No Contingency Efficiency Studio Units 0 Existing Financing Other (See Remarks) Legal Subdivision Name Palmer Realty Co Lot Number 8-21-25 Multifamily Type Apartment Complex New Financing Other (Call La) Operating Expenses Other (Call La) Other Units 0 Possession At Closing Sale Includes Building And Land Source Of Info Owner Tenant Pays All UtilitiesOther (Call La) Type Of Leases Other (Call La) Type Of Units 2 Br - 1 Bath

Listing information © 2023 Memphis Area Association of REALTORS®.
Listing provided courtesy of Braden, Braden & Braden Llc: 901-881-2070.



© 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: 2023-06-09T13:03:25.62.
 
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Area C. Mays | KAIZEN Realty
7540 North St.
Germantown TN, 38138