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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
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