859 Faxon Ave

    Memphis, TN 38105
    • $7,000
    • STATUS: Closed
    • ON SITE: 103 days
    • ID#: 10022006
    Sold - 05/08/2018
    $7,000
    SOLD - 05/08/2018
    • 3
      BEDS
    • 0.13
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1000-1199
      SQFT
    • $6
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1920
    County:

    School Ratings & Info

    Description

    Investment Opportunity - TENANTS ON PROPERTY DO NOT DISTURB. No showings or inspections without executed contract. Part of portfolio of 3 single family homes currently occupied and rented. Price for portfolio is $85,000. Current rents are $1,760/month with CAP rate of 25% before expenses. Other properties: 776 Pope, 391 Tillman and 859 Faxon.

    Monthly Payment Calculator



    © 2018 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: 2018-06-21T22:03:45.553.
    www.gowallacegroup.com/homes/81417800

    859 Faxon Ave Memphis, TN 38105

    • Price: $30,000
    • Status: Closed
    • Updated: 73 min ago
    • ID#: 10022006
    3
    Beds
    2
    Baths
    0
    ½ Baths
    0.13
    Acres
    1000-1199
    SQFT
    $6
    $/SQFT
    1920
    Built
    Neighborhood:
    Galloway Park Blk 5
    County:
    Shelby
    Area:
    Harbor Town/Downtown
    Property Description
    Investment Opportunity - TENANTS ON PROPERTY DO NOT DISTURB. No showings or inspections without executed contract. Part of portfolio of 3 single family homes currently occupied and rented. Price for portfolio is $85,000. Current rents are $1,760/month with CAP rate of 25% before expenses. Other properties: 776 Pope, 391 Tillman and 859 Faxon.
    Exterior Features

    Covered Parking Spaces 1 Exterior And Windows Brick Veneer Lot Description Some TreesLevel Lot Size 50 X 119 Misc Exterior Porch Parking And Storage Driveway/Pad Parking Display 1 Pool Description None Style Traditional

    Interior Features

    Additional Bed Bath Info All Bedrooms DownMaster Down Bedrooms Down 3 Cooling Central Den Great Room Dimensions 0X0 Dining Room Dimensions 0X0 Floors And Ceilings Part Carpet Heating Central Living Dining Kitchen Great Room Living Room Dimensions 0X0 Master Bedroom Dimensions 0X0 Rooms 6 Total Baths 2

    Property Features

    Annual City Tax 291 Annual County Tax 374 Condo No Detached Unit Type General Residential Legal Subdivision Name Galloway Park S/D Blk 5 Lot Number 4 Neighborhood Association None Prop Construction Status Existing Property Warranty And Possession Addendums Tenants Rights

    Listing information © 2018 Memphis Area Association of REALTORS®.
    Listing provided courtesy of First National Realty, Realtor.



    © 2018 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: 2018-06-21T22:03:45.553.
     
    The Wallace Team - RE/MAX On Point
    5350 Poplar Ave., Ste 700
    Memphis TN, 38119