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712 N 5th St 5 Unit Apartment Building $499,500 ($99,900/Unit) Memphis, TN 38107
EXECUTIVE SUMMARY
Completely renovated 5 unit- 2 BR/1 BA apartment building in Uptown.
Renovations include LVT flooring downstairs, carpet upstairs, LVP, all new electrical, plumbing, HVAC units, new roof, windows, millwork/cabinetry, new sheet rock.
Renovations include LVT flooring downstairs, carpet upstairs, LVP, all new electrical, plumbing, HVAC units, new roof, windows, millwork/cabinetry, new sheet rock.
PROPERTY FACTS
| Price | $499,500 | Lot Size | 0.18 AC |
| Price Per Unit | $99,900 | Building Size | 7,710 SF |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 5 | Year Built | 1966 |
| Property Type | Multifamily | Parking Ratio | 0.65/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | MDR - Moderate Density Residential District | ||
| Price | $499,500 |
| Price Per Unit | $99,900 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 7,710 SF |
| No. Stories | 2 |
| Year Built | 1966 |
| Parking Ratio | 0.65/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | MDR - Moderate Density Residential District |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 5 | - | - |
1 1
Walk Score®
Very Walkable (71)
PROPERTY TAXES
| Parcel Number | 00-1081-0-0007 | Improvements Assessment | $72,760 |
| Land Assessment | $10,840 | Total Assessment | $83,600 |
PROPERTY TAXES
Parcel Number
00-1081-0-0007
Land Assessment
$10,840
Improvements Assessment
$72,760
Total Assessment
$83,600
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712 N 5th St
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