665 East Pontotoc Avenue
665 East Pontotoc Avenue
Memphis, TN 38126
$650,000
Price
—
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Description
Great upside and redevelopment opportunity on this value-add complex. Within walking distance to the FedEx forum and downtown Memphis. Over $1B in planned developments nearby. Now is the time to buy this one! All units are 2/1 and all brick. New Roof and decking. Tenents pay all utilities ex. water. Some renovations recently completed. Contact me today for more information!Great upside and redevelopment opportunity on this value-add complex. Within walking distance to the FedEx forum and downtown Memphis. Over $1B in planned developments nearby. Now is the time to buy this one! All units are 2/1 and all brick. New Roof and decking. Tenents pay all utilities ex. water. Some renovations recently completed. Contact me today for more information!
- Listed by John Cornes • Braden, Braden & Braden LLC
- Listed by Curtis Braden • Braden, Braden & Braden LLC
Property Details for 665 East Pontotoc Avenue
Area
745E
MAAR Subdivision NameSHEPHERD BLK 59
Legal Subdivision NameSHEPHERD BLK 59
Location
Listing Courtesy of Braden, Braden & Braden LLC
Add your commute
LISTING UPDATED: 03/26/2024 10:24 AM
Property Details for 665 East Pontotoc Avenue
| Status | Active |
|---|---|
| MLS # | 10163331 |
| Days on Market | 120 |
| Taxes | $1,149 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Apartment Building |
| Year Built | 1967 |
| Lot Size | 25.75 AC / 1,121,670 SF |
| County | Shelby County |
Location
Listing Courtesy of Braden, Braden & Braden LLC
Add your commute
Building Information for 665 East Pontotoc Avenue
Stories2Residences8Year Built1967Building Size-Lot Size25.75 AC / 1,121,670 SF
Payment Calculator
$3,643 per month
30 year fixed, 7.25% Interest
Principal and Interest
$3,547
Property Taxes
$96
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 665 East Pontotoc Avenue
Summary
Location and General Information
- Address: 665 E PONTOTOC AVE
- Address Search Number: 665
- Directions: From FedEx Forum keep east on MLK Ave, turn right on Oleans then left on Pontotoc Ave.
- Map Coordinate: E
- MLS Map Num: South Bluffs/Downtown
Taxes and HOA Information
- Hot Water: Other (See REMARKS)
- LVT Date: 01-02-2024
Property
Lot Information
- Lot Size: 90/103 X 121
- Lot Num: PT2&4*
- Parcel ID: 007016 00003
Property and Assessments
- Foundation: Slab
- Service Type: Full Service Listing
Interior and Exterior Features
Exterior Features
- Roof: Shingle/Shake, Pitched
Interior Features
- Floors/Ceilings: Other (See Remarks)
Multi Family
Multi-Family Information
- Num of 1 Bedroom Units: 0
- Num of 2 Bedroom Units: 8
- 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: Brick
- Cooling Systems: 1 Window Unit per Unit
- Existing Financing: Other (See REMARKS)
- Gross Potential Annl Rent: $144,000
- Heating Systems: Wall Heat
- Land Sqft: 11674
- Laundry: None
- Operating Expenses: Other (Call LA)
- Parking Facility: Asphalt/Blacktop
- Possession: At Closing, Tenants Rights
- Sale Includes: Building and Land
- Source Of Info: Estimated
- Tenant Pays: Some Utilities
- Type Units: 2 BR - 1 Bath
Property History for 665 East Pontotoc Avenue
| 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 665 East Pontotoc Avenue
Taxable ValueLand$10,440Additions$8,200Total$18,640
Tax Record2022$1,135 ($95 / month)
Home Facts
Baths1Total Finished SqFt5,600 SqFtAbove Grade Finished SqFt5,600 SqFtStories1Lot Size11,674 SqFtStyleMulti-Family Res (5+ Units)Year Built1967ZoningEMPCountySHELBYAPN007-016- - -00003Fireplace TypeHas Fireplace
Schools near 665 East Pontotoc Avenue
This home is within Shelby County Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 12 | |||
| Charter - | K to 10 | |||
| Charter - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Larose Elementary School PublicPK to 5 | ||
B T Washington High School Public6 to 12 | ||
Southwest Early College High School CharterK to 10 | ||
City University School Girls Preparatory Charter6 to 8 |
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
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.
Homes for Sale near Linden
Neighborhoods
Cities
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 Braden, Braden & Braden LLC