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734 LANE AVE Memphis, TN 38105
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Key Details
Sold Price $225,000
Property Type Multi-Family
Sub Type Apartment Building
Listing Status Sold
Purchase Type For Sale
Subdivision Carringtons Lane Ave
MLS Listing ID 10165048
Sold Date 05/21/24
Year Built 1953
Annual Tax Amount $1,055
Property Sub-Type Apartment Building
Property Description
Long term tenant occupied 6-plex with lots of room to raise rents ASIS or value add and go even higher. Part of a portfolio. Can be sold separate or with 2011 Benford St., 112 E Davant, 91 E Davant Ave., 484 E Trigg Ave., 1746 Norfolk St., 328 E Trigg Ave., 380 Modder Ave., 1540 Orr St., and 1401 Effie Rd. 11 properties, 18 units, $9,495 monthly scheduled rents, total package ask only $854,000!
Location
State TN
County Shelby
Area Harbor Town/Downtown
Interior
Heating Wall Heat
Cooling None
Flooring Other (See Remarks)
Laundry Connections
Exterior
Parking Features Offsite/Street
Roof Type Shingle/Shake
Building
Story 1
Foundation Conventional/Crawl Space
Water Individual System
Others
Acceptable Financing Other
Listing Terms Other
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Bought with August P Pacente • Revid Property Management, LLC
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