836 Chelsea Avenue

Memphis, TN 38107

$549,900
Price
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Beds
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Sq. Ft.
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per Sq. Ft.

Description

7 units current Gross annual rented $62400 with $10800 Potential rent on vacant unit tenant just move out. 1 Triplex and 2 Duplexes selling at package only. Triplex has 2 units 1 bedroom 1 bath rented $700 each and 3/2 rented $1100. 2 Duplexes 2/1.5 each side current 3 of them rented $900 each and 1 vacant. All units had been renovated. Dati Mortgage current offer DSCR OR No debt to ratio requires available for investor with 20%+down. Foreign investors with 30% down No credit score No income7 units current Gross annual rented $62400 with $10800 Potential rent on vacant unit tenant just move out. 1 Triplex and 2 Duplexes selling at package only. Triplex has 2 units 1 bedroom 1 bath rented $700 each and 3/2 rented $1100. 2 Duplexes 2/1.5 each side current 3 of them rented $900 each and 1 vacant. All units had been renovated. Dati Mortgage current offer DSCR OR No debt to ratio requires available for investor with 20%+down. Foreign investors with 30% down No credit score No income
  1. Listed by David Truong • eXp Realty, LLC

Property Details for 836 Chelsea Avenue

Area
741B
MAAR Subdivision Name
n/a
Legal Subdivision Name
3 lots

Location

Listing Courtesy of eXp Realty, LLC
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LISTING UPDATED: 05/23/2024 08:52 AM

Property Details for 836 Chelsea Avenue

StatusActive
MLS #10172043
Days on Market16
Taxes$629 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Complex
Year Built1929
Lot Size954.51 AC / 41,578,341 SF
CountyShelby County

Location

Listing Courtesy of eXp Realty, LLC
Add your commute

Building Information for 836 Chelsea Avenue

Stories-Residences7Year Built1929Building Size-Lot Size954.51 AC / 41,578,341 SF

Payment Calculator

$3,053 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,001

Property Taxes

$52

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 836 Chelsea Avenue

Summary
Location and General Information
  • Address: 828, 832, 836 CHELSEA AVE
  • Address Search Number: 828
  • Directions: from N Watkins and Chelsea Ave go West on Chelsea Ave 2 duplex and triplex on the right at corner of N Dunlap St
  • Map Coordinate: B
  • MLS Map Num: Harbor Town/Downtown
Taxes and HOA Information
  • Hot Water: Gas
  • LVT Date: 05-09-2024
  • Annual Insurance Expenses: $0
Property
Lot Information
  • Lot Size: 39.48/54.4 X 147.13/131.58
  • Parcel ID: 027036 00026
Property and Assessments
  • Foundation: Conventional/Crawl Space
  • Percent Occupancy: 86
  • Service Type: Limited Service Listing
Interior and Exterior Features
Exterior Features
  • Roof: Composition
Interior Features
  • Floors/Ceilings: Tile
Multi Family
Multi-Family Information
  • Num of 1 Bedroom Units: 2
  • Num of 2 Bedroom Units: 4
  • Num of 3 Bedroom Units: 1
  • Num of Efficiency Studio Units: 0
  • Num of Buildings: 3
  • 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: Clear
  • Gross Potential Annl Rent: $73,200
  • Heating Systems: Central
  • Laundry: Washer in Unit
  • Operating Expenses: Insurance, Taxes
  • Parking Facility: Concrete
  • Possession: Tenants Rights
  • Sale Includes: Building and Land
  • Source Of Info: Leases
  • Tenant Pays: All Utilities
  • Type Units: 1 BR - 1 Bath

Property History for 836 Chelsea Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 836 Chelsea Avenue

Taxable ValueLand$920Additions$9,680Total$10,600
Tax Record2022$646 ($54 / month)
Home Facts
Baths2Total Finished SqFt1,876 SqFtAbove Grade Finished SqFt1,876 SqFtStories1Lot Size6,403 SqFtStyleDuplexYear Built1920ZoningMUCountySHELBYAPN027-036- - -00024Fireplace TypeHas Fireplace

Schools near 836 Chelsea Avenue

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Charter - K to 5
Charter - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Memphis Scholars Caldwell-Guthrie
CharterK to 5

Humes Preparatory Academy Middle School
Charter6 to 8

Manassas High School
Public9 to 12

Caldwell-Guthrie 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.

Similar Homes

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836 Chelsea Avenue is a multi-family home for sale in Memphis, TN 38107. This property was listed for sale on May 9, 2024 by eXp Realty, LLC, it's currently listed at $549,900. It has been on the market for a total of 16 days and was last sold on August 28, 2020. This listing's school districts are Shelby County Schools, Achievement School District. Nearby schools include Memphis Scholars Caldwell-Guthrie, Humes Preparatory Academy Middle School and Manassas High School. 836 Chelsea Avenue is a 0-bed, 0-bath, multi-family home built in 1929.

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 eXp Realty, LLC