Memphis, TN 38116,1914 ST JAMES RD
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Memphis, TN 38116,1914 ST JAMES RD
Memphis, TN 38116,1914 ST JAMES RD
Memphis, TN 38116,1914 ST JAMES RD

$355,000

Est. payment /mo

$389,900

9.0%
Est.Price: ?

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1914 ST JAMES RD Memphis, TN 38116

SOLD DATE : 08/09/2022

Key Details

Sold Price $355,000

Property Type Multi-Family

Sub Type Apartment Building

Listing Status Sold

Purchase Type For Sale

Subdivision Garden View Blk E

MLS Listing ID 10128598

Sold Date 08/09/22

Year Built 1968

Annual Tax Amount $4,545

Property Description

Six-Unit apartment building in Whitehaven - these just don't pop up on the market very often! Value-add property; with some further work and leasing efforts, raise the rent of each unit by at least $100-150/door and get this unit performing to where it should be! Potential annual rent of $55,000+. All units central heat/air and tenants pay their own utilities except water, which is owner responsibility (can be billed back with lease renewals/turns). No wholesaler/assignable contracts.

Location

State TN

County Shelby

Area Whitehaven/Southland Mall

Interior

Heating Central, Gas

Cooling Central

Flooring Other (See Remarks)

Laundry Connections

Exterior

Parking Features Asphalt/Blacktop

Roof Type Composition,Pitched

Building

Story 2

Foundation Slab

Water Gas

Others

Acceptable Financing Cash

Listing Terms Cash

Read Less

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Listed by Randall C Weatherall • Memphis Metro Realty
Bought with Jason D Miller • eXp Realty, LLC

Stephen James

Agent | License ID: MS# 52033 TN# 336698

+1(662) 689-1299

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