Multifamily For Sale

$399,000

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1261 Central
Memphis, TN 38104

  • – beds
  • – baths
  • – sqft
  • 1917 build
  • on site

This 6 unit property near Midtown has been recently renovated! There are 2-studios, 3- 1br's and a 2br. The total scheduled monthly rents are 3755.

MAARMLS logo Listing courtesy of MAARMLS / Crye-Leike Commercial

Last checked: Checking… • Last updated Jan 9, 2021 • Source: MAARMLS

MLS# 10089238 —

Amenities & Taxes

The Building

Construction:
Brick
Type:
Converted House
Roof:
Composition
Foundation:
Conventional/Crawl Space
Floors/Ceilings:
Tile, Partial Carpet, Wood Laminate Floors
Type Units:
1 BR - 1 Bath, 2 BR - 1 Bath, Efficiency/Studio
# of Buildings:
1
Total # of Units:
6

Financial & Terms

Average Annual Utilities:
$4,973
Annual Insurance Expenses:
$1,000
Annual Operating Expenses:
$10,173
Operating Expenses:
Insurance, All Utilities, Taxes

The Property

Area:
746F
Land SqFt:
9,000 Sqft
Improved SqFt:
2,748 Sqft
Lot Size:
60 Sqft
Miscellaneous Exterior:
Some Landscaping

Listing Agent

Contact info:

Beds

# 1 Bedroom Units:
2
# 2 Bedroom Units:
1

The Listing

Sale includes:
Building and Land, All Appliances
Cumulative Days on Market:
112

Heating & Cooling

Heating Systems:
Central
Cooling Systems:
1 Window Unit per Unit, 2+ Window Units per Unit

Utilities

Hot Water:
Gas
Laundry:
Dryer in Unit, Washer in Unit

Appliances

Appliances/Equipment:
Refrigerator, Range/Oven (Freestanding)

Parking

Parking Facility:
Concrete

Extra Units

# Efficiency/Studio Units:
3

Schools

Based on service areas, we were unable to identify any schools that serve this property.

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WalkScore®

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Sale history

Date Event Source Price % Change
12/16/20
Relisted MAARMLS $399,000
12/7/20
Pending MAARMLS $399,000
11/20/20
Listed / Active MAARMLS $399,000

Finding records…

No additional history available

If new records are added for this property, we’ll share them here.

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1261 Central
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This multifamily located in 38104 is currently for sale for $399,000. 1261 Central is a – square foot multifamily with – beds and – baths that has been on Estately for 59 days.

MAARMLS logo Listing Courtesy of: MAARMLS and Crye-Leike Commercial.

Based on information from the Memphis Area Association of REALTORS® MLS.




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