972 BERCLAIR Memphis, TN 38122

$1,690,000
972 BERCLAIR, Memphis, TN 38122
Call 1-800-839-1363
10024871

Multi-Family Home for sale in Memphis, TN

for $1,690,000. This home was built in 1962 on a lot size of 150X305.3/304.38.

Property Information

  • $1,690,000
  • Multi-Family
  • Taxes are $13,243
  • Complex
  • Active
  • Lot size of 150X305.3/304.38
  • Built in 1962
  • Memphis, TN
  • Jackson Neighborhood
  • Shelby County
  • MLS/Web ID is 10024871
  • Just Listed

Description

Apartment Complex consisting of 2 listings: this encompasses 972, 976, 984, and 990 Berclair buildings and the other listing is the 1030 Novarese Building. New roofs on all 5 buildings; new 7" titanium gutters on all buildings, all but 3 occupied, most units have had rehab including new carpet, tile, cabinets etc... Average rent is $516.50 for occupied units and climbing as they are turned! Contract with CSCworks for the laundry room which ends in 2019. SEE PRESENTATION IN MLS DOCS! SkyCop!

Interior 5

Building Amenities

  • Laundry

Cooling System

  • Central Air

Flooring

  • Partial Carpet
  • Tile Flooring

Heating System

  • Central Heat

Water Source

  • Public Water

Exterior 2

Construction

  • Brick Veneer

Driveway

  • Blacktop

Miscellaneous 1

Commercial

  • Sale Includes Building & Land

Rental 1

Tenant Pays

  • All Utilities

† Excluded Feature

Listed By

Broker: CRESTCORE REALTY, LLC

972 BERCLAIR , Memphis, TN, 38122 is a Multi-Family Home for sale at $1,690,000 with a lot size of 150X305.3/304.38. 972 BERCLAIR has 0.0 baths and was built in 1962. The property's zip code is 38122 which is in Memphis, TN

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Market Pricing

Average % of sale price Median % of sale price
All listings in Memphis $312,641 82 % below $198,000 88 % below
Multi-family listings in Memphis $247,729 85 % below $175,000 90 % below

Get the facts about Memphis, TN!

Population 655,855
Population Growth (since 2000) -5 %
Median Income $37,981
Median Age 34.49
Households w/ Children 28 %

Residential Dwellings

  • Owned 134761
  • Vacant 38580
  • Rented 119624

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