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Off-Market

1819 Kingsview Dr

Memphis, TN 38114, USA

List price

$65,000

3

beds

1.5

baths

1,222

sq ft

1964-01-02

built

Single Family

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Story

OfferMarket Exclusive

This leased rental property is located in the Alcy - Ball neighborhood of South Memphis. Convenient to Winterhaven (Graceland), FedEx Ground Headquarters, Memphis International Airport, major highways. 

According to the seller, the neighborhood is quiet and neighbors look after one another. For more information, contact the Alcy Ball Development Corporation.

Terms

  • Asking price set by Seller who will review all offers (submit an offer!)
  • All offers due by December 1, 2021
  • Seller reserves the right to accept an offer before the deadline
  • Buyer pays closing costs
  • AS IS
  • $5,000 EMD
  • Blueprint Title Company is preferred

Rental Notes

  • Current: $650/month, month-to-month lease
  • Rentometer:
  • Average: $938
  • Median: $850
  • 25th Percentile: $795

Property Condition

  • Good working condition
  • Roof replaced in 2015
  • Central heating (gas) and air

Property details

17 details the seller has shared

17 details

Property

· The bones — what the buyer sees first

Bedrooms

3

Full baths

1

Half baths

1

Finished sq ft

1,222 sq ft

Above-grade sq ft

1,222 sq ft

Year built

1964

Stories

1

Units

1

Property type

Single Family

Occupancy

Rental Property

Condition (1–5)

3

Neighborhood

Alcy - Ball

County

Shelby County

Financials

· What it earns and what it costs to hold

ARV (after repair)

$100,000

Tax-assessed value

$56,000

Property tax rate

1.5%

Cap rate

8.75%

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