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374 N DUNLAP ST, Memphis, TN, 38105, US
$535,000
Active
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Specification
TypeApartment Building
MLS #10166518
HeatingElectrical
ParkingGravel
Publication dateApr 30, 2024
Lot size100 acres
SubdivisionLANE
Year built1959
Updated: Apr 09, 2024
Seller has done the heavy lifting! New roof, units updated, partial new sewer & water service! Single water meter but 100% of water is billed back to tenants. With St. Jude, LeBonheur, Regional One within a 5 minute drive, you'll have a built-in tenant base. Professionally managed by Revid Property Management. Seller will pay 6 months of buyer's management fees at closing if current management is kept. Do not disturb tenants. Check docs for various rent rolls, expenses, additional pictures.
Valuation
Gross Rental Income $83,400
Seller has done the heavy lifting! New roof, units updated, partial new sewer & water service! Single water meter but 100% of water is billed back to tenants. With St. Jude, LeBonheur, Regional One within a 5 minute drive, you'll have a built-in tenant base. Professionally managed by Revid Property Management. Seller will pay 6 months of buyer's management fees at closing if current management is kept. Do not disturb tenants. Check docs for various rent rolls, expenses, addition… Read more
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