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1562 Preston Street Memphis, TN 38107
- $17,500
- 4 Beds
- 1 Full | 1 Partial Baths
- 1,448 sq ft
- Year Built: 1912
- Residential
- Listing #9987884
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 Details
| Price | $17,500 |
|---|---|
| Bedrooms | 4 Beds |
| Bathrooms | 1 Full | 1 Partial Baths |
| Year Built | 1912 |
| Property Type | Residential |
| Listing # | 9987884 |
| Status | Active |
| Listing Type | For Sale |
Interior Features
| Square Feet | 1,448 |
|---|
Exterior Features
| Lot Size | 0.18 acres |
|---|
Community Information for Memphis, TN 38107
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| Schools near Memphis, TN 38107 | Type | Students | Rating |
|---|---|---|---|
Kids School Early Childhood Development Center
1126 Thomas St, Memphis, TN 38107
901.578.5437 |
Public | ||
Humes Preparatory Academy Middle School
659 N Manassas St, Memphis, TN 38107
901.443.7575 |
Public, Charter, Title I | 252 | |
Perea Elementary School
1250 Vollintine Ave, Memphis, TN 38107
901.726.4300 |
Public, Charter, Title I | 237 | |
Kipp Memphis Collegiate Elementary School
230 Henry Ave, Memphis, TN 38107
901.791.9391 |
Public, Charter, Title I | 445 | |
Kipp Memphis Collegiate Middle School
230 Henry Ave, Memphis, TN 38107
901.791.9390 |
Public, Charter, Title I, Advanced Placement | 345 | |
Believe Memphis Academy Charter School
1250 Vollintine Ave, Memphis, TN 38107
901.881.7970 |
Public, Charter, Title I | 319 | |
Manassas High School
1111 N Manassas St, Memphis, TN 38107
901.416.3244 |
Public, Title I | 418 | |
Vollentine Elementary School
1682 Vollintine Ave, Memphis, TN 38107
901.416.4632 |
Public, Magnet, Title I | 322 | |
Caldwell-Guthrie K-8 School
951 Chelsea Ave, Memphis, TN 38107
901.219.5648 |
Public, Charter, Title I | 341 |
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Estimated taxes and insurance are not included. Sales price from MLS. Mortgage calculator source: NextHome, Inc.