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$ 784,000
Est. payment /mo
New
261 KEEL AVE Memphis, TN 38107
5,616 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Condo
Sub Type Apartment Building
Listing Status Active
Purchase Type For Sale
Square Footage 5,616 sqft
Price per Sqft $139
Subdivision Greenlaw
MLS Listing ID 10231609
Year Built 1968
Annual Tax Amount $1,748
Property Sub-Type Apartment Building
Property Description
This 8-unit opportunity is located north of downtown in the Uptown area.St. Jude's huge expansion continues to create an increased demand for housing in the area. All units are 2BR's with stoves, refrigerators, washers and dryers. The scheduled monthly rents are 6,570. Rents are below market due to over 20 years of ownership. This provides an opportunity to increase rents without major capital improvements. The retiring owner is ready to do a deal with a serious buyer. Drive by only, please
Location
State TN
County Shelby
Area Harbor Town/Downtown
Interior
Heating Central
Cooling 1 Window Unit per Unit
Flooring Tile
Equipment Refrigerator, Range/Oven (Freestanding)
Laundry Dryer in Unit, Washer in Unit
Exterior
Parking Features Asphalt/Blacktop
Roof Type Composition
Building
Story 2
Foundation Slab
Water Electrical
Listed by Jeffrey B Moore • Crye-Leike Commercial