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Katy Jeffrey McAlexander

Germantown, Tennessee
Real Estate Agent
901-619-9241

Mary Jeffrey

Germantown, Tennessee
Real Estate Agent
901-870-4253
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Listing 4 out of 131
$299,000 For Sale

1920 Nelson
Memphis, TN 38104

3 units | Multi Family Home - MLS# 10057457
Property Photo
1/24

Description

100% rented as triplex, but there is room to increase the income by expanding by two more units with garage and basement apartments in this highly sought after area in Cooper Young. Please do not disturb tenants. Physical interior walk thru subject to signed contract.

Features

  • Property Type: Multi Family Home
  • Sub Type: Triplex
  • Listing Status: Active
  • County/Area: Shelby County
  • Zip Code: 38104
  • Year Built: 1924
  • Subdivision/Neighborhood: Cooper Young
  • Stories: 2-Story
  • Units: 3 units
  • Lot Size: 65.3/66.4 X 150
  • Area: 746K
  • # 1 Bedroom Units: 3
  • # Of Buildings: 2
  • Actual Annual Rent: 25800
  • Annual Insurance Expenses: 2000
  • Annual Misc Income: 200
  • Average Annual Utilities: 6000
  • Construction: Brick/Veneer,Wood/Composition,Storm Window(s)
  • Cooling Systems: 1 Window Unit per Unit,Individual Cooling
  • Floors/Ceilings: Hardwood Throughout,Tile,Plaster
  • Foundation: Full Basement,Unfinished Basement,Storage Area,Laundry Facility
  • Gross Potential Annl Rent: 60000
  • Heating Systems: House Systems
  • Hot Water: Public Water,Public Sewer
  • Laundry: Common Laundry
  • Lot #: 49andEPT48
  • Miscellaneous Exterior: Curbs/Gutters,Sidewalks,Chain Fence
  • Operating Expenses: Management,Insurance,Some Utilities,Taxes
  • Parking Facility: Concrete,Attached,Covered,Less Than 1 Per Unit
  • Percent Occupancy: 100
  • Roof: Composition
  • Sale Includes: Building and Land,Some Equipment
  • Tenant Pays: Some Utilities,Security Deposit
  • Total Stories: 2
  • Type Of Leases: None,Year
  • Type Units: 1 BR - 1 Bath
Courtesy of Crye-Leike, Inc., Realtors

Katy & Mary Jeffrey
Crye-Leike
 Realtors
7700 Poplar Ave. Suite 216
Germantown, TN 38138
Katy: 901-619-9241
Email: realtorkaty901@gmail.com
Mary: 901-870-4253
Email: mjeffrey@crye-leike.com

Testimonials

Mary and Katy performed their job with the highest level of competence. I can't say enough. They are wonderful to work with and did everything for me. I could not imagine using anyone else. Patrick Ellis
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