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580 Mckinley St

Memphis, TN 38126
  • $450,000
  • STATUS: Active
  • ON SITE: 4 Days
  • MLS #: 10133975
New On Site 4 Days Ago
UPDATED: 161 min ago
$450,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1945
County:

School Ratings & Info

Description

Three duplexes and one single family residence on one parcel. Great location near downtown and the Medical District. All units are 1/1. Current scheduled monthly income is $4,150 (six units are at $600 and one is at $550). 1/1 units around the corner are renting at $750+. Opportunity for a new owner to raise rents to market rates and potentially subdivide property as well.

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© 2022 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryan Realty Group. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2022-09-26T00:03:18.51.
www.bryanrealty.com/homes/133294013
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580 Mckinley St Memphis, TN 38126

  • Price: $450,000
  • Status: Active
  • On Site: 4 Days
  • Updated: 161 min ago
  • MLS #: 10133975
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1945
Built
Neighborhood:
Mcgrath
County:
Shelby
Area:
South Bluffs/Downtown
Property Description
Three duplexes and one single family residence on one parcel. Great location near downtown and the Medical District. All units are 1/1. Current scheduled monthly income is $4,150 (six units are at $600 and one is at $550). 1/1 units around the corner are renting at $750+. Opportunity for a new owner to raise rents to market rates and potentially subdivide property as well.
Exterior Features

Covered Parking Spaces 0 Exterior And Windows Aluminum Window(S)Brick Veneer Foundation Slab Lot Description Some Trees Lot Size 21280 SF Parking Driveway/Pad Parking Display 0 Pool Description None Roof Composition Shingles Style Traditional

Interior Features

Cooling 1 Window Unit Per UnitOther (See Remarks) Fireplaces 0 Floors And Ceilings Parquet FloorTileWood Laminate Floors Heating CentralGasIndividual Heat Hot Water GasIndividual System Unit1 Separate Living Room Unit1 Bedrooms 1 Unit1 Den Dimensions 0 Unit1 Dining Room Dimension 0 Unit1 Full Baths 1 Unit1 Half Baths 0 Unit1 Living Room Dimension 0 Unit1 Primary Dimension 0 Unit1 Total Baths 1 Unit2 Separate Living Room Unit2 Bedrooms 1 Unit2 Den Dimension 0 Unit2 Dining Room Dimension 0 Unit2 Full Baths 1 Unit2 Half Baths 0 Unit2 Living Room Dimension 0 Unit2 Primary Dimension 0 Unit2 Total Baths 1

Property Features

Annual City Tax 791 Annual County Tax 993 Contingency Type No Contingency Cross Street Saint Paul Duplex Type Built As Duplex Flood Insurance Required No Legal Subdivision Name Mcgrath New Financing Conventional Percent Occupancy 100 Tenants Pay All Utilities Termite Contract No Type Of Leases Year Unit1 Monthly Rent 600 Warranty And Possession Addendums Possession At ClosingTenants Rights

Listing information © 2022 Memphis Area Association of REALTORS®.
Listing provided courtesy of Prime Real Estate Group: 509-220-0128.



© 2022 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryan Realty Group. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2022-09-26T00:03:18.51.
 
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Bryan Realty Group
1850 Poplar Crest Cove, Suite 104
Memphis TN, 38119