$37,500
$44,900
16.5%For more information regarding the value of a property, please contact us for a free consultation.
803 ATLANTIC ST Memphis, TN 38112
3 Beds
1.1 Baths
999 SqFt
Key Details
Sold Price $37,500
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 0-999
Square Footage 999 sqft
Price per Sqft $37
Subdivision Pope
MLS Listing ID 10039953
Sold Date 02/06/19
Style Traditional
Bedrooms 3
Full Baths 1
Half Baths 1
Year Built 1940
Annual Tax Amount $678
Lot Size 9,147 Sqft
Property Sub-Type Detached Single Family
Property Description
26% Return!!The details of rent for this property are as follows: Front house = $615 per month. The current tenant renewed for 24 months on September 1, 2018. Back (smaller house - 1 bed) = $350 per month (now vacant).Immediate income producing, tenants paying $615/$350 per house per month, 2 houses small one in back...generating $11,580 per year with new 2 year lease on bigger home signed in September...Contingent on viewing inside after acceptable contract. Currently managed locally
Location
State TN
County Shelby
Area Midtown/Holmes
Rooms
Master Bedroom 0x0 Level 1
Dining Room 0x0
Kitchen Separate Living Room
Interior
Heating Central
Cooling Central
Flooring Smooth Ceiling
Exterior
Exterior Feature Wood/Composition
Parking Features Other (See REMARKS)
Pool None
Building
Lot Description Some Trees
Story 1
Others
Acceptable Financing Cash
Listing Terms Cash
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Bought with Brenda J Cartwright • Groome & Co.