677 Buntyn St, Memphis, TN 38114
- $115,000
- Sold Price
- $115,000
- List Price
- $150,000
- Closing Date
- Oct 20, 2025
- MLS#
- 10203781
- Property Type
- Multifamily
- Lot Size
- 40X120
- Status
- CLOSED
Property Description
Cash Cow Turnkey Triplex Investment Opportunity Exceeding the 1% Rule In Orange Mound! Drive By ONLY! Tenant Occupied. DO NOT DISTURB THE TENANTS! Unit 1 Is Rented Section 8 At $850/month Until 10/31/2025. Unit 2 Is Rented Section 8 For $895/month Until 10/31/2025. Unit 3 Is Vacant & Currently Marketed For Rent at $750/month. All Units Are 1 bed/1 bath. When Fully Occupied The Property Will Generate $2,495/month. Great Turnkey Triplex Exceeding The 1% Rule Even With Only 2/3 Units Rented or You Can Try A House-hack & Move In To Unit 3 Using A VA or FHA Loan! Make Offers Contingent On Inspection. Copy of The Leases & T-12 Available Upon Request. Inside Pictures Are From The Vacant Unit. VACANT UNIT VIDEO ALSO AVAILABLE! Make Your Offer Today!
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Additional Information
- Actual Annual Rent
- 20940
- Annual City Tax
- 308
- Annual County Tax
- 327
- Annual Insurance Expense
- 1016
- Construction
- Wood/Composition
- Foundation
- Conventional/Crawl Space
- Hot Water
- Public Sewer, Public Water
- Legal Subdivision
- E Fairgrounds
- Lot
- 14
- Lot Size
- 40X120
- New Financing
- Conventional, FHA/VA, Other (Call LA)
- Occupancy
- 66
- Parking Facility
- Concrete, Offsite/Street
- Roof
- Shingle/Shake
- Stories
- 1
- Subdivision
- ORANGE MOUND
- Subtype
- Triplex
- Tenant Pays
- Electric, Pet Depost, Security Deposit, Water/Sewer
- Year Built
- 1927
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Listing courtesy of eXp Realty, LLC. Selling Office: 901, REALTORS.
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