BEDS20
BATHS
MLS#10232090
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONLATHAM
NEIGHBORHOODSouth Bluffs-Downtown
Property Description
60% occupied with the 3 units currently being marketed for rent at $785, and the final one needing minor cosmetic items to be ready to market. There is huge potential with this one due to the proximity of the xAI plants in Southaven and Memphis. Furnished units are commanding a premium rent in the area with flexible leases! Conveniently located across from the Gaston Community Center and Library. This building appraised at $802k. This can also be purchased as a package with 11 other properties at $1.62 million. Total appraised value is $1.82 million for the entire package.
Property Features
Property Type: Multi Unit - Multiple
Cooling: 1 Window Unit per Unit
Heating: Wall Heat
Roof Type: Composition
Year Built: 1964
Feature Descriptions
Floors/ Ceilings: Wood Laminate Floors,8 Feet
Units: 10
Listed By / Shown By
Listed By
Agency Name: CrestCore Realty MphsBrokerage
Agency Phone: 901-385-3119
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Source: MAAR MLS
Estimate Your Payment
Estimated Payment
$ 1,749.48 per month $1,546.77 Principal & Interest $0.00 Property Tax (data not provided by mls) $202.71 Homeowner's InsuranceChange Payment Information
Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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1034 Patton St | MLS# 10232090
This multi-family property located at 1034 Patton St, Memphis, TN 38106 is currently listed for sale with an asking price of $695,000. Search South Bluffs-downtown real estate on www.crye-leike.com today.