251 North Watkins Street
251 North Watkins Street
Memphis, TN 38104
$195,000
Price
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Beds
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per Sq. Ft.
Description
Attention Investors, Explore your next dream project at 251 N Watkins - a promising duplex featuring two separate units, each with Two Bedrooms, 1 Bath, kitchen, Living and Dining rooms, convenient laundry room and 2 Covered Parking Spaces. This property needs full renovation. This property holds great revenue potential in today's competitive market. Consider the possibility of turning it into a lucrative short-term rental for added value. Act fast, as opportunities like this don't last long.Attention Investors, Explore your next dream project at 251 N Watkins - a promising duplex featuring two separate units, each with Two Bedrooms, 1 Bath, kitchen, Living and Dining rooms, convenient laundry room and 2 Covered Parking Spaces. This property needs full renovation. This property holds great revenue potential in today's competitive market. Consider the possibility of turning it into a lucrative short-term rental for added value. Act fast, as opportunities like this don't last long.
- Listed by Jonathan Minerick • homecoin.com • 888-400-2513
Property Details for 251 North Watkins Street
Area
744H
MAAR Subdivision NameGARLAND PL ADDN
Legal Subdivision NameGARLAND PL ADDN
Location
Listing Courtesy of homecoin.com
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LISTING UPDATED: 03/11/2024 09:51 AM
Property Details for 251 North Watkins Street
| Status | Active |
|---|---|
| MLS # | 10167350 |
| Days on Market | 55 |
| Taxes | $3,133 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Other (See REMARKS) |
| Year Built | 1910 |
| Lot Size | 0.14 AC / 6,000 SF |
| County | Shelby County |
Location
Listing Courtesy of homecoin.com
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Building Information for 251 North Watkins Street
Stories1Residences2Year Built1910Building Size-Lot Size0.14 AC / 6,000 SF
Payment Calculator
$1,325 per month
30 year fixed, 7.25% Interest
Principal and Interest
$1,064
Property Taxes
$261
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 251 North Watkins Street
Summary
Location and General Information
- Address: 251 N WATKINS ST
- Address Search Number: 251
- Directions: West on Poplar from Stonewall, Right on Watkins
- Map Coordinate: H
- MLS Map Num: Overton Park
Taxes and HOA Information
- Hot Water: Gas
- LVT Date: 03-07-2024
Property
Lot Information
- Lot Size: 50X120
- Lot Num: 13
- Parcel ID: 020026 00003
Property and Assessments
- Foundation: Conventional/Crawl Space
- Service Type: Entry Only Listing
Utilities
- Green Feature Checklist: No
Interior and Exterior Features
Exterior Features
- Roof: Built-Up, Shingle/Shake
Interior Features
- Appliances / Equipment: Other (See REMARKS)
- Floors/Ceilings: 9 Ft or More
Multi Family
Multi-Family Information
- Num of 1 Bedroom Units: 0
- Num of 2 Bedroom Units: 2
- Num of 3 Bedroom Units: 0
- Num of Efficiency Studio Units: 0
- Num of Buildings: 1
- Num Other Units: 0
- Assumption: No Assumption
- Construction: Vinyl Siding, Wood/Composition
- Cooling Systems: 1 Window Unit per Unit
- Existing Financing: FHA
- Heating Systems: Other (See Remarks)
- Land Sqft: 6000
- Laundry: None
- Operating Expenses: Advertising, Insurance, Management, On-Site Management, Repairs/Maintenance, Some Utilities, Taxes, Trash Collection
- Parking Facility: Covered
- Possession: At Closing
- Sale Includes: All Equipment, Building and Land
- Source Of Info: Current Records, Owner
- Tenant Pays: All Utilities
- Trade Business Name: Minnie Lee Realty LL
- Type Units: 2 BR - 1 Bath
Property History for 251 North Watkins Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 251 North Watkins Street
Taxable ValueLand$14,360Additions$34,720Total$49,080
Tax Record2022$2,990 ($249 / month)
Home Facts
Baths2Total Finished SqFt1,690 SqFtAbove Grade Finished SqFt1,690 SqFtStories1Lot Size5,968 SqFtStyleDuplexYear Built1910ZoningRU-1CountySHELBYAPN020-026- - -00003Fireplace TypeHas Fireplace
Schools near 251 North Watkins Street
This home is within Shelby County Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 | |||
| Charter - | 6 to 12 |
Rating | School | Distance |
|---|---|---|
Snowden Elementary/Middle PublicPK to 8 | ||
Central High School Public9 to 12 | ||
Mcs Prep School - Northwest Public9 to 12 | ||
Memphis Academy Of Science Engineering Charter6 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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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 homecoin.com