147 Stonewall Street

Memphis, TN 38104

$1,550,000
Price
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Beds
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Description

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.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.
  1. Listed by August Pacente • Revid Property Management, LLC

Property Details for 147 Stonewall Street

Area
746B
MAAR Subdivision Name
N W SPEERS
Legal Subdivision Name
N W SPEERS

Location

Listing Courtesy of Revid Property Management, LLC
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LISTING UPDATED: 05/01/2024 03:16 PM

Property Details for 147 Stonewall Street

StatusActive
MLS #10170194
Days on Market17
Taxes$9,003 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Building
Year Built1963
Lot Size0.38 AC / 16,414 SF
CountyShelby County

Location

Listing Courtesy of Revid Property Management, LLC
Add your commute

Building Information for 147 Stonewall Street

Stories-Residences11Year Built1963Building Size-Lot Size0.38 AC / 16,414 SF

Payment Calculator

$9,209 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,459

Property Taxes

$750

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 147 Stonewall Street

Summary
Location and General Information
  • Address: 147 STONEWALL ST
  • Address Search Number: 147
  • Directions: From Poplar and Cooper take Poplar west. Turn south on Stonewall, building will be on the west side of the street.
  • Map Coordinate: B
  • MLS Map Num: Central Gardens
Taxes and HOA Information
  • Hot Water: Gas
  • LVT Date: 04-16-2024
Property
Lot Information
  • Lot Size: 90 X 182.38
  • Lot Num: 20
  • Parcel ID: 017032 00003
Property and Assessments
  • Foundation: Slab
  • Percent Occupancy: 100
  • Service Type: Full Service Listing
  • Syndicate Listing To: Zillow Group
Interior and Exterior Features
Exterior Features
  • Roof: Flat
Interior Features
  • Appliances / Equipment: Refrigerator, Range/Oven (Built-In), Range/Oven (Freestanding), Cooktop/Wall Oven, Disposal, Dishwasher
  • Floors/Ceilings: Tile, Vinyl Floor, Other (See Remarks)
Multi Family
Multi-Family Information
  • Num of 1 Bedroom Units: 0
  • Num of 2 Bedroom Units: 11
  • Num of 3 Bedroom Units: 0
  • Num of Efficiency Studio Units: 0
  • Num of Buildings: 1
  • Num Other Units: 0
  • Assumption: Must Qualify, Some Assumption
  • Construction: Brick/Veneer
  • Cooling Systems: Central
  • Existing Financing: Conventional Fixed
  • Gross Potential Annl Rent: $151,200
  • Heating Systems: Central, Gas
  • Laundry: Connections, Common Laundry, Equipment Owned
  • Miscellaneous Exterior: Sidewalks, Security Lighting, Some Landscaping, Wood Fence, Ceiling Fan(s)
  • Operating Expenses: Management, Insurance, Taxes
  • Parking Facility: Concrete, Offsite/Street
  • Possession: At Closing
  • Sale Includes: Building and Land, Some Appliances, Other (See REMARKS)
  • Source Of Info: Owner, Current Records, Rent Roll, P/L Statement
  • Tenant Pays: All Utilities
  • Type Units: 2 BR - 1 Bath

Property History for 147 Stonewall Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 147 Stonewall Street

Taxable ValueLand$24,320Additions$123,480Total$147,800
Tax Record2022$9,003 ($750 / month)
Home Facts
Baths1Total Finished SqFt11,160 SqFtAbove Grade Finished SqFt11,160 SqFtStories1Lot Size16,379 SqFtStyleMulti-Family Res (5+ Units)Year Built1963ZoningRU-3CountySHELBYAPN017-032- - -00003Fireplace TypeHas Fireplace

Schools near 147 Stonewall Street

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Bruce Elementary School
PublicPK to 5

Bellevue Junior High School
Public6 to 8

Central High School
Public9 to 12

Mcs Prep School - Northwest
Public9 to 12

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.

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147 Stonewall Street is a multi-family home for sale in Memphis, TN 38104. This property was listed for sale on April 16, 2024 by Revid Property Management, LLC, it's currently listed at $1,550,000. It has been on the market for a total of 17 days and was last sold on October 29, 2021. This listing's school districts are Shelby County Schools, Achievement School District. Nearby schools include Bruce Elementary School, Bellevue Junior High School and Central High School. 147 Stonewall Street is a 0-bed, 0-bath, multi-family home built in 1963.

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 Revid Property Management, LLC