This is a 4 unit apartments selling for $7,200 . Back property taxes are about $7k, which dont have to be paid immediately.. So for $7.2k you can have some apartments, fix them up, then have positive cashflow coming in. Can possibly make $1,400 or more a month with this building... This way, the apartments will be paid for in a year!! 12 months x $1400= $16800.. Drive by take a look... Call 901-744-3300 Ext #4 If need seller financing- Willing to take $3000 down and then finance $4,500 more for a total of $7.5k.
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