$925,000
$945,000
2.1%For more information regarding the value of a property, please contact us for a free consultation.
603 S REMBERT ST S Memphis, TN 38104
Key Details
Sold Price $925,000
Property Type Multi-Family
Sub Type Apartment Complex
Listing Status Sold
Purchase Type For Sale
Subdivision St John Liddell
MLS Listing ID 10105375
Sold Date 10/29/21
Year Built 1920
Annual Tax Amount $12,941
Property Description
Rembert Residence is proud to announce this garden-style 8 plex consisting of 4 two bedrooms 1100 sq feet each, 3 one bedrooms, and one studio in the heart of Midtown upscale residential area. This property is a true value add play. Location! Location! 3 units have been completely rehabbed. Roof has been inspected and is in great condition. Boiler system has been yearly serviced and in good condition. The strong stable value-add opportunity this asset presents is undeniable. T
Location
State TN
County Shelby
Area Central Gardens
Interior
Heating Gas, Wall Heat
Cooling 1 Window Unit per Unit, 2+ Window Units per Unit
Flooring Hardwood Throughout, Tile, Vinyl Floor, 8 Feet, 9 Ft or More
Equipment Refrigerator, Range/Oven (Freestanding), Dishwasher, Smoke Detector(s)
Laundry Dryer in Unit, Washer in Unit
Exterior
Parking Features Concrete, Covered, Offsite/Street
Roof Type Composition,Flat,Other (See REMARKS),Shingle/Shake
Building
Story 2
Foundation Conventional/Crawl Space, Partial Basement
Water Gas, Public Sewer, Public Water
Others
Acceptable Financing Cash
Listing Terms Cash
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Bought with Felecia D Magro • The Stamps Real Estate Company