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| Bedrooms: | 4 | Full Bathrooms: | 1 | Half Bathrooms: | 1 |
| Type: | Residential | Sub Type: | Single Family Residence | MLS Number: | 9987884 |
| Living Area: | 1,448 | Lot Acreage: | 0 | Year Built: | 1912 |
| Elementary School: | Out Of Area | Middle School: | Out Of Area | High School: | Out Of Area |
Property Description
Calling all investors and visionaries! Located in the heart of Memphis, 1562 Preston Street offers an excellent opportunity for redevelopment or restoration. According to public records, this property features four bedrooms, one and a half bathrooms, and approximately 1,448 square feet of living space. Built in 1912, the home reflects the charm and character of its era but is in need of extensive repairs throughout.
Please note that there is no interior access and no interior photos available. The property is being sold as-is, and the primary value lies in the land and its potential for future use. Whether you're looking to restore a historic structure or clear the site for a fresh start, this parcel provides a solid foundation in an established neighborhood.
With the right vision and investment, 1562 Preston Street could become a standout project in a growing Memphis market. This is a chance to bring new life to a classic property while capitalizing on the area's continued development and demand. *Buyer and buyer's agent to verify all information contained herein. Deemed reliable, but not guaranteed. *Equal Housing Opportunity. Assignment of contract. Wholesaler holds equitable interest and has limited power of attorney from seller for document execution only.
Listing Status
Active
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More Listing Info
AC:See Remarks11 true Contract Info:Foreclosure No Exterior Finish:Wood Siding true General Property Description:Above Grade SqFt 1448.0 General Property Description:Acres 0.18 General Property Description:Baths - 12 1 General Property Description:Baths - Full 1 General Property Description:Elementary School3 Out Of Area General Property Description:High School3 Out Of Area General Property Description:HOA YN No General Property Description:Home Warranty No General Property Description:Lot #2 6 General Property Description:Lot Dimensions 53X145 General Property Description:Middle School2 Out Of Area General Property Description:Total Rooms2 8 General Property Description:Total SqFt Finished 1448.0 General Property Description:Total SqFt Unfinished 0.0 General Property Description:Zoning2 R6 Heating:See Remarks10 true Levels:Two true Location Tax Legal Info:City Taxes 224.48 Location Tax Legal Info:County Taxes 238.15 Property Condition:Fixer true Property Condition:Poor true Remarks Misc:Directions3 Beginning on I-69, take exit 28B toward S Parkway West. Take S Pkwy E to Preston St. Merge onto College St, 157 ft, turn right onto S Pkwy E. 1.3 mi, turn left onto Preston St. Destination will be on the left. Remarks Misc:userdefined80 Calling all investors and visionaries! Located in the heart of Memphis, 1562 Preston Street offers an excellent opportunity for redevelopment or restoration. According to public records, this property features four bedrooms, one and a half bathrooms, and approximately 1,448 square feet of living space. Built in 1912, the home reflects the charm and character of its era but is in need of extensive repairs throughout. Please note that there is no interior access and no interior photos available. The property is being sold as-is, and the primary value lies in the land and its potential for future use. Whether you're looking to restore a historic structure or clear the site for a fresh start, this parcel provides a solid foundation in an established neighborhood. With the right vision and investment, 1562 Preston Street could become a standout project in a growing Memphis market. This is a chance to bring new life to a classic property while capitalizing on the area's continued development and demand. *Buyer and buyer's agent to verify all information contained herein. Deemed reliable, but not guaranteed. *Equal Housing Opportunity. Assignment of contract. Wholesaler holds equitable interest and has limited power of attorney from seller for document execution only. Roof:Shingle true SqFt Details:Basement Total SqFt 0 SqFt Details:Finished SqFt Level 1 1136 SqFt Details:Finished SqFt Level 2 312 SqFt Details:Garage Total SqFt 0 Structure Type:House true Style:Cottage true TopographyLot Description:Level2 true Walls:See Remarks14 true Water:See Remarks12 true Videos: (none) Virtual Tours: (none)
Listing Courtesy:
NextHome Magnolia Realty
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