2061 Florida Street

Memphis, TN 38109

$350,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Package deal of SIX turnkey rental houses, $4500 per month cash flow. ($54,000 Gross Annual income). Professional Management in place, or buyer may change management. Three-- two bedroom homes, Three --three bedroom homes.

Property Details for 2061 Florida Street

Area
747C
MAAR Subdivision Name
NEW SOUTH MEMPHIS BLK 28
Legal Subdivision Name
NEW SOUTH MEMPHIS BLK 28

Location

Listing Courtesy of KAIZEN Realty, LLC

Property Details for 2061 Florida Street

StatusActive
MLS #10102171
Days on Market41
Taxes$375 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Converted House
Year Built1910
Lot Size0.20 AC / 8,750 SF
CountyShelby County

Listing Agent

Van Asa Preston

Van Asa Preston

KAIZEN Realty, LLC

P: 901.221.4041

Contact Agent(s)

901.221.4041

Location

Listing Courtesy of KAIZEN Realty, LLC

Building Information for 2061 Florida Street

Stories1Residences6Year Built1910Building Size-Lot Size0.20 AC / 8,750 SF

Payment Calculator

$1,204 per month

30 year fixed, 2.95% Interest

Principal and Interest

$1,173

Property Taxes

$31

HOA Dues

$0

Property Information for 2061 Florida Street

Summary
    Location and General Information
  • Address: 2061 FLORIDA AVE
  • Address Search Number: 2061
  • Directions: From downtown, take Florida street south, past South Parkway and Belz Avenue. Florida Street home will be on your right.
  • Map Coordinate: C
  • MLS Map Num: South Memphis/61 Hwy
    Taxes and HOA Information
  • Hot Water: Individual System
  • LVT Date: 06-21-2021
  • Annual Insurance Expenses: $2,400
Property
    Lot Information
  • Lot Size: 50X175
  • Lot Num: 4
  • Parcel ID: 050039 00012
    Property and Assessments
  • Foundation: Slab
  • Percent Occupancy: 100
  • Service Type: Full Service Listing
Interior and Exterior Features
    Exterior Features
  • Roof: Composition
    Interior Features
  • Floors/Ceilings: Hardwood Throughout
Multi Family
    Multi-Family Information
  • Num of 1 Bedroom Units: 0
  • Num of 2 Bedroom Units: 3
  • Num of 3 Bedroom Units: 3
  • Num of Efficiency Studio Units: 0
  • Num of Buildings: 6
  • Num Other Units: 0
  • Annual Land Lease Payment: $0
  • Annual Misc Income: $0
  • Annual Operating Expenses: $0
  • Assumption: No Assumption
  • Average Annual Utilities: $0
  • Construction: Brick
  • Cooling Systems: Central
  • Existing Financing: 2 or More Mortgages
  • Gross Potential Annl Rent: $54,000
  • Heating Systems: Central
  • Laundry: Connections
  • Operating Expenses: Insurance, Repairs/Maintenance
  • Parking Facility: Gravel
  • Possession: At Closing
  • Sale Includes: Building and Land
  • Source Of Info: Current Records
  • Tenant Pays: All Utilities
  • Type Units: 3 BR - 1 Bath

Property History for 2061 Florida Street

DateEvent & SourcePriceAppreciation
Jun 21, 2021

Listed (Active)

MAARMLS #10102171

$350,000
May 31, 2021

Permanently Off Market

MAARMLS #10096182

May 28, 2021

Exclusive Expired

MAARMLS #10089585

DateEvent & SourcePrice
06/21/2021

Listed (Active)

MAARMLS #10102171

$350,000
05/31/2021

Permanently Off Market

MAARMLS #10096182

05/28/2021

Exclusive Expired

MAARMLS #10089585

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

Public Records for 2061 Florida Street

Taxable ValueLand$1,000Additions$5,050Total$6,050
Tax Record2021$438 ($37 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,652 SqFtAbove Grade Finished SqFt1,652 SqFtStories1Lot Size8,712 SqFtStyleSingle Family ResidenceYear Built1910ZoningR-6CountySHELBYAPN050-039- - -00012

Schools near 2061 Florida Street


SchoolTypeGradesDistanceRating
Vision Preparatory Charter SchoolCharterK-50.5 mi
3
Riverview Middle SchoolPublic6-80.6 mi
3
Carver High SchoolPublic9-121.0 mi
NR
Alton Elementary SchoolPublicPK-51.1 mi
3

Vision Preparatory Charter School

K-5, 0.5 mi, Charter

3

Riverview Middle School

6-8, 0.6 mi, Public

3

Carver High School

9-12, 1.0 mi, Public

NR

Alton Elementary School

PK-5, 1.1 mi, Public

3

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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2061 Florida Street is a multi-family home for sale in Memphis, TN 38109. This property was listed for sale on June 21, 2021 by KAIZEN Realty, LLC at $350,000. It has been on the market for a total of 42 days and was last sold on February 27, 2017. This listing's school district is Shelby County Schools. Nearby schools include Vision Preparatory Charter School, Riverview Middle School and Carver High School. 2061 Florida Street is a 0-bed, 0-bath, multi-family home built in 1910.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KAIZEN Realty, LLC