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1441 Eastmoreland Ave , #3

Memphis, TN 38104
  • $465,000
  • STATUS: Active
  • ON SITE: 25 Days
  • MLS #: 10184699
UPDATED: 58 min ago
$465,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1922
County:

School Ratings & Info

Description

Building with 3 units in desirable Central Gardens. Close to everything! Strong rental history with happy, long-term tenants. Two units with 2 bedrooms down and one unit with 3 bedrooms upstairs. Two of the units have been recently renovated. Each unit features all appliances, central heat & air, in-suite washer/dryer, original hardwood floors, a spacious front porch, and convenient parking in the rear. Tall ceilings + lots of midtown charm. New roof 2021. Tenants pay all utilities + the low expenses make this a great cash flowing property. Current gross rent: $4,050. Please DO NOT disturb tenants. Drive-by only!

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© 2024 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gowen Property Group | Keller Williams Realty. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2024-12-02T11:03:43.773.
www.gowenpropertygroup.com/homes/157600706
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1441 Eastmoreland Ave , #3 Memphis, TN 38104

  • Price: $465,000
  • Status: Active
  • On Site: 25 Days
  • Updated: 58 min ago
  • MLS #: 10184699
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1922
Built
Neighborhood:
Central Gardens
County:
Shelby
Area:
Central Gardens
Property Description
Building with 3 units in desirable Central Gardens. Close to everything! Strong rental history with happy, long-term tenants. Two units with 2 bedrooms down and one unit with 3 bedrooms upstairs. Two of the units have been recently renovated. Each unit features all appliances, central heat & air, in-suite washer/dryer, original hardwood floors, a spacious front porch, and convenient parking in the rear. Tall ceilings + lots of midtown charm. New roof 2021. Tenants pay all utilities + the low expenses make this a great cash flowing property. Current gross rent: $4,050. Please DO NOT disturb tenants. Drive-by only!
Exterior Features

Buildings 1 Construction BrickStucco Foundation Conventional/Crawl SpacePartial Basement Lot Size 50X150 Misc Exterior Ceiling Fan(s)SidewalksSome LandscapingWood Fence Parking Facility ConcreteMore Than 1 Per Unit Roof Shingle/Shake

Interior Features

Appliances Equipment DishwasherDisposalMicrowaveRange/Oven (Freestanding)RefrigeratorSmoke Detector(s) Cooling Systems 220 WiringCentral Floors And Ceilings 9 Ft or MoreHardwood ThroughoutPlasterTile Heating Systems CentralGasIndividual Systems Hot Water GasPublic SewerPublic Water Laundry Dryer in UnitWasher in Unit

Property Features

1 Bedroom Units 2 2 Bedroom Units 3 3 Bedroom Units 2 Actual Annual Rent 4440 Amenities Balcony/Patio Annual City Tax 2656 Annual County Tax 3333 Annual Insurance Expenses 1912 Annual Misc Income 1440 Assumption No Assumption Average Annual Utilities 1080 Efficiency Studio Units 3 Existing Financing Clear Gross Potential Annual Rent 48600 Legal Subdivision Name MEACHAM RE BLK 23 Lot Number N PT 9 Multifamily Type Triplex New Financing ConventionalFHA/VA Operating Expenses AdvertisingInsuranceManagementRepairs/MaintenanceTaxes Other Units 0 Percent Occupancy 66 Possession At Closing Sale Includes All AppliancesBuilding and Land Source Of Info LeasesRent Roll Tenant Pays All UtilitiesLawn MaintenanceSecurity Deposit Type Of Leases Year Type Of Units 2 BR - 1 Bath3 BR - 1 Bath

Listing information © 2024 Memphis Area Association of REALTORS®.
Listing provided courtesy of Marx-Bensdorf, REALTORS: 901-682-1868.



© 2024 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gowen Property Group | Keller Williams Realty. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2024-12-02T11:03:43.773.
 
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