Active

147 STONEWALL ST

Memphis TN, 38104

$1,550,000


Active

11 Beds

Multi-family

Built in 1963

ASSUMABLE LOAN: Seller financing assumable upon lender approval 10 of 11 units upgraded, occupied, and cash flowing. Many major CapEx already done for the new owner (more in docs) Seller will pay 6 mo. of management fees if buyer retains current manager on 12 month agreement. 11th unit is LARGE 2 story unit in the southwest corner of the building. Unit needs work to occupy. Helpful docs in the docs page including cash flows, rent roll, CapEx, etc. Showing occupied units with accepted offer.

10170194

MLS ID

April 16, 2024

Listed

May 1, 2024

Updated

Map

147 STONEWALL ST
Memphis TN, 38104

Interior Features

Bedrooms

11


Interior Features

Tile, Vinyl Floor, Other (See Remarks)


Appliances

Refrigerator, Range/Oven (Built-In), Range/Oven (Freestanding), Cooktop/Wall Oven, Disposal, Dishwasher


Laundry Description

Common Laundry, Connections, Equipment Owned


Fireplace

No


Cooling

Yes


Cooling Description

Central


Heating

Yes


Heating Description

Central, Gas

Exterior/Building Features

Roof

Flat

Other Property Details

Area Name

Central Gardens


Days on Market

15


Garage

No


Parking

Concrete, Offsite/Street


View

No


County

Shelby


Pool

No


Buyer Agency Compensation

2.5%

Listed by August Pacente with Revid Property Management, LLC
Listing Contact: 901-725-7766 

The IDX display contains information sourced from the Memphis Area Association of REALTORS® as of 5/1/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Memphis Area Association of REALTORS® all rights reserved.

Data last updated on 5/1/2024 at 10:08 PM UTC

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