1036 Palermo Avenue

Memphis, TN 38106

$65,000
Price
3
Beds
1
Bath
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Investors only! Tenant occupied property! Professionally managed brick home with covered parking! Current tenant wants to stay & pays on time. Current rent is $750 & we have lease, ledger, & repair history. This could be an excellent addition to your rental portfolio. Please do not disturb or approach tenant. Cash offers strongly preferred. Many homes in this area being rehabbed & sold for more money. No wholesalers or assignments. Make your offer contingent on interior inspection.Investors only! Tenant occupied property! Professionally managed brick home with covered parking! Current tenant wants to stay & pays on time. Current rent is $750 & we have lease, ledger, & repair history. This could be an excellent addition to your rental portfolio. Please do not disturb or approach tenant. Cash offers strongly preferred. Many homes in this area being rehabbed & sold for more money. No wholesalers or assignments. Make your offer contingent on interior inspection.
  1. Listed by Tyler Tapley • Crye-Leike, Inc., REALTORS

Property Details for 1036 Palermo Avenue

Area
747E
Style
Traditional
MAAR Subdivision Name
HERNANDO TERRACE BLK C
Legal Subdivision Name
HERNANDO TERRACE BLK C

Location

Listing Courtesy of Crye-Leike, Inc., REALTORS
Add your commute
LISTING UPDATED: 04/03/2024 09:53 AM

Property Details for 1036 Palermo Avenue

StatusActive
MLS #10150054
Days on Market320
Taxes$877 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached Single Family / No
Year Built1924
Lot Size0.16 AC / 6,969 SF
CountyShelby County

Location

Listing Courtesy of Crye-Leike, Inc., REALTORS
Add your commute

Building Information for 1036 Palermo Avenue

Stories1Year Built1924Building Size-Lot Size0.16 AC / 6,969 SF

Payment Calculator

$428 per month

30 year fixed, 7.25% Interest

Principal and Interest

$355

Property Taxes

$73

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1036 Palermo Avenue

Summary
Location and General Information
  • Address: 1036 PALERMO AVE
  • Address Search Number: 1036
  • Directions: South Parkway East to Hernando Rd, South on Hernando to Palermo, turn right.
  • Map Coordinate: E
  • MLS Map Num: South Memphis/61 Hwy
  • Neighborhood Association: None
Parking
  • Carport Garage: Carport
  • Parking Display: C1
  • Parking/Storage: Driveway/Pad
Taxes and HOA Information
  • LVT Date: 06-14-2023
Property
Lot Information
  • Lot Size: 50X140
  • Acreage: .16
  • Lot Num: 12
  • Lot Description: Some Trees
  • Parcel ID: 034069 00030
Property and Assessments
  • Detached Unit Type: General Residential
  • Prop Construction Status: Existing Property
  • Service Type: Full Service Listing
Utilities
  • Cooling: Other (See REMARKS)
Interior and Exterior Features
Exterior Features
  • Exterior/Windows: Brick Veneer
  • Misc Exterior: Porch, Patio
  • Pool Description: None
Interior Features
  • Additional Br/Bath Info: All Bedrooms Down
  • Apprx Heated Sq Ft Range: 1200-1399
  • Bedrooms Down: 3.0
  • Den Great Room Dimensions: 0
  • Dining Room Dimensions: 0
  • Floors/Ceilings: Tile
  • Heating: Other (See REMARKS)
  • Living Room Dimensions: 0
  • Living/Dining/Kitchen: Pantry
  • Total Baths: 1

Property History for 1036 Palermo Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1036 Palermo Avenue

Taxable ValueLand$1,000Additions$13,400Total$14,400
Tax Record2022$877 ($73 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,397 SqFtAbove Grade Finished SqFt1,397 SqFtStories1Lot Size6,970 SqFtStyleSingle Family ResidenceYear Built1924ZoningR-6CountySHELBYAPN034-069- - -00030Fireplace TypeHas Fireplace

Schools near 1036 Palermo Avenue

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 9 to 12
Charter - 9 to 10
Rating
School
Distance
A B Hill Elementary School
PublicPK to 5

Riverview Middle School
PublicPK to 8

Hamilton High School
Public9 to 12

Dubois High Of Leadership Public Policy
Charter9 to 10

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1036 Palermo Avenue is a single family home for sale in Memphis, TN 38106. This property was listed for sale on June 14, 2023 by Crye-Leike, Inc., REALTORS, it's currently listed at $65,000. It has been on the market for a total of 320 days and was last sold on September 23, 2021. This listing's school districts are Shelby County Schools, Achievement School District. Nearby schools include A B Hill Elementary School, Riverview Middle School and Hamilton High School. 1036 Palermo Avenue is a 3-bed, 1-bath, single family home built in 1924.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Crye-Leike, Inc., REALTORS