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1695, 1707 Ontraio Ave , 1-25

Memphis, TN 38127
  • $1,950,000
  • STATUS: Active
  • ON SITE: 70 Days
  • ID#: 10138424
UPDATED: 108 min ago
$1,950,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1974
County:

School Ratings & Info

Description

Newly renovated 25- 2 bed/1 bath units 1695 &1707 Ontario Great location in the Frayser Area 9 mins from Downtown 4 miles from Midtown 2 mins from Frayser Park which is a 40-acre park with a playground, pavilion, 1.5-mile walking trail, outdoor pool, tennis center, open field space and the Ed Rice Community Center. Stove and Refrigerator included Laundry Facility on site 85% occupied

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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 The Wallace Group Home & Loan | Keller Williams Realty. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2023-02-08T00:03:07.807.
www.gowallacegroup.com/homes/135099911
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1695, 1707 Ontraio Ave , 1-25 Memphis, TN 38127

  • Price: $1,950,000
  • Status: Active
  • On Site: 70 Days
  • Updated: 108 min ago
  • ID#: 10138424
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1974
Built
Neighborhood:
Frayser Mf Submart
County:
Shelby
Area:
Frayser/Whitney
Property Description
Newly renovated 25- 2 bed/1 bath units 1695 &1707 Ontario Great location in the Frayser Area 9 mins from Downtown 4 miles from Midtown 2 mins from Frayser Park which is a 40-acre park with a playground, pavilion, 1.5-mile walking trail, outdoor pool, tennis center, open field space and the Ed Rice Community Center. Stove and Refrigerator included Laundry Facility on site 85% occupied
Exterior Features

Buildings 4 Construction BrickWood/Composition Foundation Slab Lot Size 1 Acre Parking Facility Asphalt/Blacktop Roof Shingle/Shake

Interior Features

Cooling Systems CentralElectrial Floors And Ceilings Partial CarpetVinyl Floor Heating Systems CentralElectrical Hot Water Electrical Laundry Common Laundry

Property Features

1 Bedroom Units 0 2 Bedroom Units 25 3 Bedroom Units 0 Actual Annual Rent 223750 Annual City Tax 3658 Annual County Tax 4561 Annual Insurance Expenses 16800 Annual Operating Expenses 7500 Assumption Other (Call La) Average Annual Utilities 7200 Contingency Type No Contingency Efficiency Studio Units 0 Existing Financing Clear Gross Potential Annual Rent 268500 Legal Subdivision Name Idlewood Apts Multifamily Type Apartment Building New Financing Fha/Va Operating Expenses InsuranceManagementRepairs/MaintenanceSome UtilitiesTaxes Other Units 1 Percent Occupancy 85 Possession 30 Days Or Less Sale Includes Some Appliances Source Of Info P/L StatementRent Roll Tenant Pays All UtilitiesPet DepostSecurity DepositWater/Sewer Type Of Leases Year Type Of Units 2 Br - 1 Bath

Listing information © 2023 Memphis Area Association of REALTORS®.
Listing provided courtesy of Rp Newman Realty Llc: 901-502-1823.



© 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 The Wallace Group Home & Loan | Keller Williams Realty. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2023-02-08T00:03:07.807.
 
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The Wallace Group Home & Loan | Keller Williams Realty
5224 Airline Road Suite 111
Arlington TN, 38002