$185,000
$199,000
7.0%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 05/08/2025
Key Details
Sold Price $185,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Cedar St S/D
MLS Listing ID 10190917
Sold Date 05/08/25
Year Built 1959
Annual Tax Amount $558
Property Sub-Type Triplex
Property Description
Fully occupied brick triplex in rapidly appreciating area of Uptown! This investment property is located directly across from Grind City Brewery and surrounded by an area teeming with new construction and revitalization! Gross rents currently at $1868 ($675, $603, and $590) with lower rents set to increase to $675 at lease renewals. Units can also be turned over and rented section 8 for $1000+ per unit! Lots of value add and appreciation potential! Accepted offer before inspection. Owner/agent listing
Location
State TN
County Shelby
Area Harbor Town/Downtown
Interior
Heating Central, Electrical
Cooling Central, Electrial
Flooring Concrete
Laundry None
Exterior
Parking Features 1 Per Unit
Roof Type Shingle/Shake
Building
Story 1
Foundation Slab
Water Electrical
Others
Acceptable Financing Cash
Listing Terms Cash
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Bought with Austin Rowe • Onward Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "