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2381 Forrest Ave

Memphis, TN 38112
  • $415,000
  • STATUS: Active
  • ON SITE: 85 Days
  • MLS #: 10161938
UPDATED: 47 min ago
$415,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1922
County:
Area:

School Ratings & Info

Description

Experience luxury living in this charming quadruplex property. The Four 1 bed/1 bath units measures 1013 Sq Ft, providing ample space and comfort with a total of 4,054 Sq Ft. This property offers a unique investment opportunity, with 3 units available for short-term rental and 1 occupied by a long-term tenant for steady income. For security, the property features Ultraloq Smart Locks are on all entrances. Don't miss out on this opportunity.

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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: 2024-02-26T16:04:04.387.
www.gowenpropertygroup.com/homes/145728765
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2381 Forrest Ave Memphis, TN 38112

  • Price: $415,000
  • Status: Active
  • On Site: 85 Days
  • Updated: 47 min ago
  • MLS #: 10161938
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1922
Built
Neighborhood:
MISSES HANSON
County:
Shelby
Area:
Overton Park
Property Description
Experience luxury living in this charming quadruplex property. The Four 1 bed/1 bath units measures 1013 Sq Ft, providing ample space and comfort with a total of 4,054 Sq Ft. This property offers a unique investment opportunity, with 3 units available for short-term rental and 1 occupied by a long-term tenant for steady income. For security, the property features Ultraloq Smart Locks are on all entrances. Don't miss out on this opportunity.
Exterior Features

Buildings 1 Construction Brick Foundation Conventional/Crawl Space Land Sq Ft 6534 Lot Size 50X132.5 Misc Exterior Ceiling Fan(s)Highway Frontage Parking Facility Asphalt/Blacktop Roof Tile

Interior Features

Appliances Equipment DishwasherExhaust Fan/Vent HoodMicrowaveRange/Oven (Built-In)Refrigerator Cooling Systems 1 Window Unit per Unit Floors And Ceilings Hardwood Throughout Heating Systems Individual Systems Hot Water Gas Improved Sq Ft 4500 Laundry Dryer in UnitWasher in Unit Leaseable Sq Ft 4054

Property Features

1 Bedroom Units 4 2 Bedroom Units 0 3 Bedroom Units 0 Actual Annual Rent 70000 Amenities Cable T.V.Security SystemExtra StoragePet Restrictions Annual City Tax 1680 Annual County Tax 2109 Assumption No Assumption Contingency Type No Contingency Efficiency Studio Units 0 Existing Financing Conventional FixedFHAVA Gross Potential Annual Rent 70000 Legal Subdivision Name MISSES HANSON Lot Number 9 Mobile Homes And Amenities TV - Owned Multifamily Type Apartment Building New Financing Cash OnlyConventionalFHA/VAOwner Mortgage Operating Expenses AdvertisingAll UtilitiesInsuranceManagementOn-Site ManagementRepairs/MaintenanceServicesTaxes Other Units 0 Percent Occupancy 70 Possession At Closing Sale Includes All AppliancesAll EquipmentAll FurnishingsBuilding and Land Source Of Info Owner Tenant Pays Cleaning Fees Type Of Leases 6 MonthDailyMonthlyWeekly Type Of Units 1 BR - 1 Bath

Listing information © 2024 Memphis Area Association of REALTORS®.
Listing provided courtesy of homecoin.com: 888-400-2513.



© 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: 2024-02-26T16:04:04.387.
 
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Gowen Property Group | Keller Williams Realty
5847 Getwell Rd, Bldg B1
Southhaven MS, 38672