1905 Jefferson Ave - Apartments FOR SALE


Memphis, TN 38104- Midtown Memphis
$695,000 USD
901-277-0477
1905 Jefferson Ave, Memphis, TN for Sale
$695,000 USD
Apartments - FOR SALE
1/21
null | Request Cap Rate

1905 Jefferson Ave
Memphis, TN 38104
Midtown Memphis


HIGHLIGHTS

  • Balconies
  • Updated Kitchens and Baths with Stainless Steel Appliances
  • New Roof

OVERVIEW

This 6 unit multi family is located in the heart of midtown just a few blocks from Overton Park. The units are all one bedrooms with updated kitchens and baths and individual washers and dryers. The roof is new and there is plenty of parking. The scheduled monthly income is 5400 per month. Please drive by only.

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$81 USD /SF

# OF UNITS

6

PRICE/UNIT

$115,833

CAP RATE

Request Cap Rate

% LEASED

83%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

RMM

APN/PARCEL ID

01-7051-0-0008

ASK ABOUT THIS PROPERTY

Jeffrey MooreCrye-Leike CommercialMore Info
901-277-0477

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Jeffrey MooreCrye-Leike CommercialMore Info
901-277-0477

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.