1030 Novarese St

    Memphis, TN 38122
    • $1,690,000
    • STATUS: Active
    • ON SITE: 7 days
    • ID#: 10024872
    UPDATED: 60 min ago
    $1,690,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:
    Area:

    School Ratings & Info

    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

    Monthly Payment Calculator



    © 2018 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Wallace Team - RE/MAX On Point. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2018-04-24T20:03:42.027.
    www.wallaceteamsellsmemphis.com/homes/82642773

    1030 Novarese St Memphis, TN 38122

    • Price: $1,690,000
    • Status: Active
    • Updated: 60 min ago
    • ID#: 10024872
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1962
    Built
    Neighborhood:
    Berclair Vista
    County:
    Shelby
    Area:
    Berclair
    Property 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
    Exterior Features

    Buildings 5 Construction Brick/Veneer Foundation Other (See Remarks) Lot Size 120X150 Parking Facility Asphalt/Blacktop Roof Other (See Remarks)

    Interior Features

    Cooling Systems Central Floors And Ceilings TilePartial Carpet Heating Systems Central Hot Water Public Water Laundry Common Laundry

    Property Features

    1 Bedroom Units 1 2 Bedroom Units 38 3 Bedroom Units 0 Annual City Tax 1495 Annual County Tax 1921 Assumption Other (Call La) Contingency Type No Contingency Efficiency Studio Units 0 Existing Financing Other (See Remarks) Legal Subdivision Name Turley Dan Addn To Berclair Vista Lot Number 1 Multifamily Type Apartment Complex New Financing Conventional Operating Expenses ManagementInsuranceRepairs/MaintenanceTaxes Other Units 0 Possession At Closing Sale Includes Building And Land Source Of Info Leases Tenant Pays All Utilities Type Of Leases Year Type Of Units 1 Br - 1 Bath2 Br - 1 Bath

    Listing information © 2018 Memphis Area Association of REALTORS®.
    Listing provided courtesy of Crestcore Realty, Llc.



    © 2018 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Wallace Team - RE/MAX On Point. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2018-04-24T20:03:42.027.
     
    The Wallace Team - RE/MAX On Point
    5350 Poplar Ave., Ste 700
    Memphis TN, 38119