1320 Faxon Ave, Memphis, TN 38104

$170,000
2
BD
1
BA

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List Price
$170,000
MLS#
10232465
Property Type
Multifamily
Bedrooms
2
Bathrooms
1
Lot Size
50X160
Status
ACTIVE

Property Description

Amazing opportunity to buy this wonderful duplex steps away from Crosstown Concourse in Midtown. This duplex is being marketed to savvy investors. Each unit is 2 bedrooms 1 bath. Unit 1 is currently rented at $945 per month and Unit 2 is currently rented for $850 per month. Interior photos are from before tenants moved in, some are virtually staged as well. This is a wonderful long term area and is seeing a lot of growth & activity. Could be a great AirBnb, or long term rental. This property features newer AC units, updated electrical and newer windows on the larger side. FHA/VA/ Conventional offers welcome! No owner financing, no creative financing, no owner financing offers please.

Additional Information

Annual City Tax
1377
Annual County Tax
1435
Cooling
2+ Window Units per Unit
Fireplaces
1
Heating
Central
Hot Water
Electric, Gas
Legal Subdivision
Speedway Terr Blk B
Lot
61
Lot Description
Level
Lot Size
50X160
New Financing
Conventional, FHA
Parking
Driveway/Pad
Stories
1
Style
Traditional
Subdivision
SPEEDWAY TERRACE BLK B
Subtype
Built as Duplex
Year Built
1920

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Listing courtesy of Crye-Leike, Inc., REALTORS.

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