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5400 Park Avenue, Unit 305 Memphis, TN 38119
- Multi-family (2-4 units) / For Sale by Owner
Property Details for 5400 Park Avenue, Unit 305, Memphis, TN 38119
Features
- Price/sqft: $230
- Stories: 1
Facts
- Year Built: 01/01/1987
- Property ID: 654942070
- Property Type: Multi-family (2-4 units)
- County: SHELBY
Description
This property is offered for sale directly by the owner. For Sale By Owner homes, also known as FSBOs, can be a good buying opportunity, because the owner will save up to 6% when there are no brokers involved in the transaction. This leaves more room for price negotiation and potential buyer savings.
This listing is NOT a foreclosure. Stunning, New York-styled home that was custom designed by a local professional using Leadership in Energy and Environmental Design (LEED) criteria.Dark mocha bamboo hardwood flooring throughout, no volatile organic chemical (VOC) paint in divine white provides a calm environment to live, work and entertain.Kitchen boosts all stainless appliances, Fisher and Paykel drawer dishwasher, and Brazilian granite counter tops, along with custom cabinets and wine racket.Spacious bathroom with large emperador marble shower, matching vessel sink, Toto Neorest 500 toilet, and closets galore. Stacked washer and dryer.Spacious bedroom with classic wall sconces flanking your bed for easy evening reading and large windows to enjoy beautiful sunrises.Living area provides three additional large windows including a windowed door which opens to a Juliet balcony. Custom built-in AV cabinet ready for a wall mount TV.Dining area is open to kitchen and living area for easy entertaining.About The MonarchThe Monarch Condominiums is a private gated community with unmatched amenities including fitness center, library, outdoor pool with large patio, tennis court, gathering room, guest suite and concierge service. The building has two elevators, one servicing each wing. The Monarch is a local landmark with its stunning water feature offering elegance and convenience in the heart of East Memphis.$2,844.60 annual condo fee (monthly $237.05) $1,301.06 annual county tax$1,026.71 annual city taxCondo fee covers everything except sheetrock in.Excellent Board and Property Management.FOR INVESTORS - Unit most recently leased at $1,400 per month.Owner is a licensed real estate agent in the state of Virginia.
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