1022 N Second, Memphis, TN 38107

$40,000
Sold Price
$40,000
List Price
$45,000
Closing Date
Dec 10, 2017
MLS#
10013328
Property Type
Multifamily
Lot Size
45 X 125
Status
CLOSED

Property Description

Great opportunity to own a triplex close to downtown. One unit rehabbed and rented. The other two units are in need of some work before they can be rented. The unit that is rented with a twelve month lease is $475 a month and professionally managed. Call or email with any questions.

Additional Information

Actual Annual Rent
5700
Annual City Tax
490
Annual County Tax
629
Construction
Brick, Wood/Composition
Foundation
Conventional/Crawl Space
Hot Water
Gas, Public Water, Public Sewer
Legal Subdivision
Cedar St S/D
Lot
S P T5
Lot Size
45 X 125
New Financing
Conventional, FHA/VA, Cash Only
Occupancy
33
Parking Facility
Asphalt/Blacktop
Roof
Composition
Stories
1.0
Subdivision
CEDAR
Subtype
Triplex
Tenant Pays
Some Utilities
Year Built
1959

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Fast Track Realty, LLC. Selling Office: Fast Track Realty, LLC.

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Copyright© 2018 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.