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Property Description

Six 1/1 units with $50k annual gross income potential. Steps away from St. Jude main campus and perfectly positioned to provide housing to the staff that keep such a great mission going! 5/6 units occupied. Market rents between $550-$695. Lot’s of meat on the bones to make this the star of your real estate investment portfolio. No wholesales, creative financing. Do not disturb tenants. Showings with accepted contract for sale (make contingent on inspection).

Features
Heating System:
Gas, Wall Heat
Cooling System:
Other (see Remarks)
FOUNDATION:
Slab
Parking Facility:
Offsite/street
Address Map
Country:
US
State:
TN
County:
Shelby
City:
Memphis
Subdivision:
CARRINGTONS LANE AVE
Zipcode:
38105
Street:
LANE
Street Number:
734
Street Suffix:
AVE
Floor Number:
0
Longitude:
W91° 57' 54.1''
Latitude:
N35° 9' 7.2''
Directions:
From North Parkway and Manassas head south down Manassas. Turn west down Lane. Property is on the north side of the street. Last before St. Jude.
MLS Addon
Agent ID:
13653
Status:
Active
Type:
Flat/garden Units
# of Stories:
0
Multi-Family 1 Bedroom Units:
6
Multi-Family 2 Bedroom Units:
0
Multi-Family 3 Bedroom Units:
0
Lot Size:
90X128

Multi-family For Sale

734 LANE AVE, Memphis, Tennessee 38105

0 Bedrooms
0 Bathrooms
0 Sqft
$249,000
Listing ID #10226944
Basic Details
Property Type :
Multi-family
Listing Type :
For Sale
Listing ID :
10226944
Price :
$249,000
Bedrooms :
0
Bathrooms :
0
Half Bathrooms :
0
Square Footage :
0 Sqft
Year Built :
1953
Lot Area :
0 Sqft
Status :
Active
Days On Market :
41
Contact Agent