Do Real Estate on the Go!
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Do Real Estate on the Go!
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$450,000
-- Bed
- -- Bath
8,904sqft
3160 Spottswood Ave, Memphis, TN 38111
$450,000
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Apartment
Built in 1920
$-- HOA
-- sqft lot
$51/sq.ft
Description
PLEASE READ ENTIRE DESCRIPTION. Awesome chance to convert to student housing for Univ. of Memphis! The area is booming right now and this type of unit is very rare. New septic in2022; various ext./int. repairs, including unit turns! Utility billback in place on existing leases. Large attic and basement for possible expansion into nice units. Front building has 4 units and rear building has 2 units. Units 1 & 2 have been combined into one large 3/2 unit and is rented as such right now, but can be split into a 2/1 and 1/1 for 7 units. 2/6 units occupied, bringing in $2145(rents)+$350(utilities)/month. Fixed up, this place should be bringing in $72,000+/year (+charged...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1920
HOA Fees
-
Finished Area
8,904 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Memphis MLS (MAARMLS)
MLS Number
10208774
MLS Status
Active
Days on Market
97
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