341 S Parkway East

Memphis, TN 38106

$59,500
Last Sold Price
—
Beds
2,365 Sq. Ft.
$25 / Sq. Ft.
2,365
Sq. Ft.
$25
per Sq. Ft.

Description

Cash Flowing Triplex fully leased as of Feb 1 2121. Leases attached in mls documents folder along with the state addendums. Seller spent $6,000 in repairs in the last year. Repairs were primarily to the plumbing systems and replaced some gas lines. unit one lease expires 1/31/2122 @ $375 mo. unit two lease expires 1/31/2022 @ $450 mo. unit three lease expired 7/31/2121 @ $250 mo. Subject to inspection offers only , once accepted we will schedule inspectionCash Flowing Triplex fully leased as of Feb 1 2121. Leases attached in mls documents folder along with the state addendums. Seller spent $6,000 in repairs in the last year. Repairs were primarily to the plumbing systems and replaced some gas lines. unit one lease expires 1/31/2122 @ $375 mo. unit two lease expires 1/31/2022 @ $450 mo. unit three lease expired 7/31/2121 @ $250 mo. Subject to inspection offers only , once accepted we will schedule inspection
  1. Listed by Mark Saller • Reedy Group II, LLC

Property Details for 341 S Parkway East

Area
747B
MAAR Subdivision Name
CENTRAL LAND CO BLK 7
Legal Subdivision Name
CENTRAL LAND CO BLK 7

Location

Listing Courtesy of Reedy Group II, LLC

Sold By KAIZEN Realty, LLC

Add your commute
LISTING UPDATED: 07/06/2021 12:26 PM

Property Details for 341 S Parkway East

StatusClosed
MLS #10097139
Days on Market32
Taxes$1,492 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Triplex
Year Built1942
Lot Size0.17 AC / 7,500 SF
CountyShelby County

Location

Listing Courtesy of Reedy Group II, LLC

Sold By KAIZEN Realty, LLC

Add your commute

Building Information for 341 S Parkway East

Stories1Residences3Year Built1942Building Size-Lot Size0.17 AC / 7,500 SF

Payment Calculator

$449 per month

30 year fixed, 7.25% Interest

Principal and Interest

$325

Property Taxes

$124

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 341 S Parkway East

Summary
Location and General Information
  • Address: 341 S PARKWAY AVE E
  • Address Search Number: 341
  • Directions: Follow South Parkway Ave East westbound past South Lauderdale St. Continue west, property will be on your left in between Preston Street and Latham Street.
  • Map Coordinate: B
  • MLS Map Num: South Memphis/61 Hwy
Taxes and HOA Information
  • Hot Water: Other (See REMARKS)
  • LVT Date: 04-15-2021
Property
Lot Information
  • Lot Size: 50X150
  • Lot Num: 3
  • Parcel ID: 034002 00003
Property and Assessments
  • Amenities: Other (See REMARKS)
  • Foundation: Other (See Remarks)
  • Service Type: Full Service Listing
Interior and Exterior Features
Exterior Features
  • Roof: Shingle/Shake
Interior Features
  • Floors/Ceilings: Other (See Remarks)
Multi Family
Multi-Family Information
  • Num of 1 Bedroom Units: 3
  • Num of 2 Bedroom Units: 0
  • Num of 3 Bedroom Units: 0
  • Num of Efficiency Studio Units: 0
  • Num of Buildings: 1
  • Num Other Units: 0
  • Assumption: Other (Call LA)
  • Construction: Stone
  • Cooling Systems: 1 Window Unit per Unit
  • Existing Financing: Other (See REMARKS)
  • Heating Systems: Floor Furnace
  • Laundry: Connections
  • Operating Expenses: Other (Call LA)
  • Parking Facility: Concrete
  • Possession: Tenants Rights
  • Sale Includes: Other (See REMARKS)
  • Source Of Info: Leases, Owner, Rent Roll
  • Tenant Pays: Other (Call LA)
  • Type Units: 1 BR - 1 Bath

Property History for 341 S Parkway East

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 341 S Parkway East

Taxable ValueLand$1,200Additions$15,560Total$16,760
Tax Record2022$1,021 ($85 / month)
Home Facts
Baths3Total Finished SqFt2,365 SqFtAbove Grade Finished SqFt2,365 SqFtStories2Lot Size7,492 SqFtStyleTriplexYear Built1942ZoningR-6CountySHELBYAPN034-002- - -00003Fireplace TypeHas Fireplace

Schools near 341 S Parkway East

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

Riverview Middle School
PublicPK to 8

Hamilton High School
Public9 to 12

Orleans Elementary School
PublicPK to 5

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 Reedy Group II, LLC