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    2966 Yale Ave

    Memphis, TN 38112
    • $329,000
    • STATUS: Contingent
    • ON SITE: 23 days
    • ID#: 10093410
    Under Contract
    UPDATED: 21 min ago
    $329,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    Description

    Recently renovated 8 unit in Binghampton. New 3D roof, siding, shutters, fresh paint and pavement. 7 units occupied @ $450/mo and 1 unit @ $550. All units are well maintained with updated water heaters and wall heaters. Lots of development going on in the area, great value-add potential. Offers to be made contingent upon inspection.

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    © 2021 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 Team - RE/MAX On Point. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2021-03-06T09:03:05.887.
    www.gowallacegroup.com/homes/114135212
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    2966 Yale Ave Memphis, TN 38112

    • Price: $329,000
    • Status: Contingent
    • Updated: 21 min ago
    • ID#: 10093410
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1960
    Built
    Neighborhood:
    Novella
    County:
    Shelby
    Area:
    Chickasaw Gardens
    Property Description
    Recently renovated 8 unit in Binghampton. New 3D roof, siding, shutters, fresh paint and pavement. 7 units occupied @ $450/mo and 1 unit @ $550. All units are well maintained with updated water heaters and wall heaters. Lots of development going on in the area, great value-add potential. Offers to be made contingent upon inspection.
    Exterior Features

    Buildings 1 Construction Brick/VeneerVinyl Siding Foundation Slab Lot Size 60/100 X 110+173.7/283.7 Misc Exterior Some LandscapingPartically Fenced Parking Facility Asphalt/Blacktop Roof Shingle/Shake

    Interior Features

    Appliances Equipment Range/Oven (Freestanding) Cooling Systems 1 Window Unit Per Unit Floors And Ceilings Tile Heating Systems Wall Heat Hot Water Gas Laundry None

    Property Features

    1 Bedroom Units 0 2 Bedroom Units 8 3 Bedroom Units 0 Actual Annual Rent 44400 Annual City Tax 1848 Annual County Tax 2342 Assumption No Assumption Average Annual Utilities 4320 Contingency Type Ct Insp - Inspection Contingency Efficiency Studio Units 0 Existing Financing Clear Gross Potential Annual Rent 69600 Legal Subdivision Name Novella Re Lot Number 1-W PT 2 Multifamily Type Apartment Building New Financing Cash OnlyConventionalPrivate Operating Expenses InsuranceManagementPest ControlRepairs/MaintenanceSome UtilitiesTaxesTrash Collection Other Units 0 Percent Occupancy 100 Possession At ClosingTenants Rights Sale Includes Building And LandSome Appliances Source Of Info LeasesOwnerRent Roll Tenant Pays Some Utilities Type Of Leases MonthlyYear Type Of Units 2 Br - 1 Bath

    Listing information © 2021 Memphis Area Association of REALTORS®.
    Listing provided courtesy of Tri-Leake Realty.



    © 2021 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 Team - RE/MAX On Point. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2021-03-06T09:03:05.887.
     
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    The Wallace Team - RE/MAX On Point
    5350 Poplar Ave., Ste 700
    Memphis TN, 38119