35.12633 -90.019875

1261 CENTRAL AVE Memphis, TN 38104

278787460 35.12633 -90.019875 2555 /listing/278787460-150272623/1261-central-ave-memphis-tn-38104 False 0 414900.0 105 10083584 False
  • $414,900
  • 60x150 lot
  • Est payment $2227.27/mo

Property & Neighborhood Info

Courtesy Of Revid Investments, LLC

Multi-Family in Memphis

Recently renovated Multifamily in Midtown Historic District. 100% occupied 6 unit building with a rent roll of $3,755 per month. Since renovation 11 months, property has been collecting 98.9% of rent roll. 2 studios, 3 one bedrooms, and 1 Larger Two Bedroom units are included. Owner/Agent and Manager can provide rent roll, financials, and other information. All 6 units occupied so 24 hour notice will be required to show. Owner pays common utilities, plan to move costs to tenants at renewal.

Courtesy Of Revid Investments, LLC
  1. 60x150 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1917
  • Floors: 2
  • County: Shelby
  • Taxes: $4,199.00
  • Units: 6
  • Subdivision: Annesdale
  • MLS Number:10083584

Additional Features

  • Cooling:
    • 1 Window Unit per Unit
    • 2+ Window Units per Unit
  • Flooring:
    • Partial Carpet
    • Tile
    • Wood Laminate Floors
  • Laundry:
    • Dryer in Unit
    • Washer in Unit
  • Equipment/Appliances:
    • Range/Oven (Freestanding)
    • Refrigerator
  • Property Subtype:
    • Converted House
  • Roof:
    • Composition
  • Type Of Units:
    • 1 BR - 1 Bath
    • 2 BR - 1 Bath
    • Efficiency/Studio
  • Foundation:
    • Conventional/Crawl Space
  • Parking:
    • Concrete
  • Expenses Include:
    • All Utilities
    • Insurance
    • Taxes
  • Heating:
    • Central
  • Hot Water:
    • Gas
  • Amenities:
    • Other (See REMARKS)
  • Contingency Type:
    • No Contingency
  • Existing Financing:
    • Conventional Fixed
  • Lease Type:
    • Year
  • List Type (Exclusive):
    • Exclusive Right to Sell
  • New Financing:
    • Cash Only
    • Conventional
  • Sale Includes:
    • All Appliances
    • Building and Land
  • Sale Or Rent:
    • For Sale
  • Tenant Pays:
    • Security Deposit
  • Miscellaneous Info:
    • Some Landscaping
  • No. of Buildings:
    • 1
  • Possession:
    • At Closing
Neighborhood info courtesy of Homes.com © 2020

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Paige Arnold
Paige Arnold
Vice President, Afl. Broker
585 S. Perkins MEMPHIS TN 38117
Let us help you!
35.12633 -90.019875

1261 CENTRAL AVE Memphis, TN 38104

278787460 35.12633 -90.019875 2555 /listing/278787460-150272623/1261-central-ave-memphis-tn-38104 False 0 414900.0 105 10083584 False
  • $414,900
  • 60x150 lot
  • Est payment $2227.27/mo