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1562 Preston Street, Memphis, TN 38107 - $25,000

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Blue Ridge Properties Listing

1562 Preston Street, Memphis, TN 38107 (MLS #9987884)

Basic Information:

Bedrooms: 4

Full Bathrooms: 1

Half Bathrooms: 1

Type: Residential

Sub Type: Single Family Residence

MLS Number: 9987884

Lot Acreage: 0.18000

Living Area: 1,448

Year Built:1912

Elementary School: Out Of Area

Middle School: Out Of Area

High School: Out Of Area

Public Remarks: 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 Courtesy:NextHome Magnolia Realty

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