734 LANE AVE, Memphis, TN, 38105, US
$230,000
Pending
Specification
| Type | Apartment Building |
| MLS # | 10165048 |
| Total floors | 1 |
| Heating | Wall Heat |
| Parking | Offsite/Street |
| Publication date | Apr 30, 2024 |
| Lot size | 90 acres |
| Subdivision | CARRINGTONS LANE AVE |
| Year built | 1953 |
Updated: Mar 19, 2024
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!
Valuation
| Gross Rental Income | $22,500 |
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! Read more
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