Hang on a second...
USDAProperties.com is making sense of this chaotic market...

 

 

 

$195,000   Price Analysis
USDAProperties Agent Contact Page  Agent Details  share icon     map icon  QR
251 N Watkins St
Memphis, TN 38104
4 bed None bath unknown SqFt ($0/SqFt)
5,663SqFt lot. Built 1910
Listed 2024-03-07, Taxes $2,989
Ⓧ USDA Ineligible
due to location

near Memphis

Attention Investors

Explore your next dream project at 251 N Watkins - a promising duplex featuring two separate units, each with Two Bedrooms, 1 Bath, kitchen, Living and Dining rooms, convenient laundry room and 2 Covered Parking Spaces.

This property needs full renovation. This property holds exceptional revenue potential in today's competitive market. Consider the possibility of turning it into a lucrative short-term rental for added value. Act fast, as opportunitis like this don't last long.


Presented by Jonathan Minerick at
Apaus, Inc.
Listing Agent Photo

Property MLS #10167350 from Memphis

Bedrooms: 4

Cooling Features: 1 Window Unit per Unit
Water Heaters: Gas

Flooring: 9 Ft or More

Lot Size Acres: 0.13
Lot Size Dimensions: 50X120
Lot Size Square Feet: 5663

Garage Description: Covered

Number of Buildings: 1
Number of Units: 2
Unit Type: 2 BR - 1 Bath
Number of 2 Bedroom Units: 2

Lease Term: Daily, Weekly, Monthly, 6 Month
Tenant Pays: All Utilities

Annual Tax Amount: 1668
Source Listing Status: Active
County: Shelby
Directions: West on Poplar from Stonewall, Right on Watkins
Source Property Type: Multi-Family
Inclusions: Building and Land, All Equipment
Area: Overton Park
Source Neighborhood: GARLAND PL ADDN
Owner Pays: Management, On-Site Management, Insurance, Some Utilities, Trash Collection, Repairs/Maintenance, Taxes, Advertising
Subdivision: GARLAND PL ADDN
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$34,720 + $14,360
$49,080
$2,989
2021$34,720 + $14,360
$49,080
$3,024
2020$17,440 + $14,360
$31,800
$2,304
2019$10,900 + $8,975
$19,875
$1,440
2018$10,900 + $8,975
$19,875
$1,440
2017$10,900 + $8,975
$19,875
$816
2016$14,225 + $4,225
$18,450
$806
2015$14,225 + $4,225
$18,450
$806
2014$14,225 + $4,225
$18,450
$806
2013$14,225 + $4,225
$18,450
$808
2012$15,250 + $4,225
$19,475
$782
2010$15,250 + $4,225
$19,475
$275
2007$16,450 + $3,025
$19,475
$1,455
2006$16,450 + $3,025
$19,475
$1,455

Listed 2024-03-07
$195,000
Memphis
Sold 2021-11-10
$95,000
Memphis
Listing removed 2021-10-17
$0
Memphis
Listed 2021-07-17
$140,000
Memphis

Year Built: 1910
Construction Materials: Wood/Composition, Vinyl Siding
Foundation Details: Conventional/Crawl Space
Property Age: 114
Roof: Built-Up, Shingle/Shake
Levels or Stories: 1

Central High School is a public high school located approximately 0.9 miles away.
directions icon Map directions

Snowden Elementary/Middle is a public elementary and middle school located approximately 1.1 miles away.
directions icon Map directions

MRC School is a private high school located approximately 0.3 miles away.
directions icon Map directions

Click Thumbnail Images To View Full Size
house_viewhouse_viewunknownhouse_viewhouse_view
house_viewhouse_viewhouse_viewhouse_viewunknown
unknownunknownunknownunknownproperty photo
property photoproperty photoproperty photoproperty photoproperty photo
property photoproperty photoproperty photoproperty photoproperty photo
property photoproperty photo

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.