$520,000
$540,000
3.7%For more information regarding the value of a property, please contact us for a free consultation.
309 HERNANDO ST Memphis, TN 38126
8 Beds
4 Baths
Key Details
Sold Price $520,000
Property Type Multi-Family
Sub Type Other (See REMARKS)
Listing Status Sold
Purchase Type For Sale
Subdivision Blk 43
MLS Listing ID 10162781
Sold Date 03/15/24
Style Traditional
Bedrooms 8
Full Baths 4
Year Built 1890
Annual Tax Amount $3,441
Property Sub-Type Other (See REMARKS)
Property Description
Downtown Investment Opportunity: Historic Updated Duplex near FedEx Forum. Each unit offers 2BR/2BA, ideal for savvy investors. Features income-generating private parking in a vibrant area. Optimal for living in one unit and renting out the other. Proven track record as a profitable short-term rental and corporate housing. Currently vacant, with a historical gross income of ~$6.2K/month. A perfect blend of lifestyle and steady income potential
Location
State TN
County Shelby
Area South Bluffs/Downtown
Rooms
Dining Room 0x0
Interior
Heating Central
Cooling Central Cooling
Flooring Hardwood Throughout
Equipment Refrigerator, Range/Oven (Freestanding), Dishwasher
Exterior
Exterior Feature Wood/Composition
Parking Features Driveway/Pad
Pool None
Roof Type Composition Shingles
Building
Lot Description Level
Story 2
Water Other (See REMARKS)
Others
Acceptable Financing Conventional
Listing Terms Conventional
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Bought with Terrance A Hill • eXp Realty, LLC