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4447 Sumners Wells Rd

Memphis, TN 38118
  • $149,900
  • STATUS: Active
  • ON SITE: 69 Days
  • MLS #: 10182586
UPDATED: 49 min ago
$149,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1600-1799
    SQFT
  • $88
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1973
County:

School Ratings & Info

Description

This is a hot investment street, with a ton of potential tenants and increasing rents/values as the neighborhood is being turnkeyed. The neighborhood is close to the airport and several distribution centers with a strong need for workforce housing. Currently, these are rented for $1575 combined, with 4447 rented for $875 until 6/30/25 & 4449 for $700 until 1/31/2025. Fixed up, both units should rent in the $900 range, allowing for some great long-term income and an awesome reason to add it to your portfolio! Buyer to verify all facts; no showings until accepted offer. Do not disturb tenants. No assignable/wholesaler offers will be accepted. No seller-financing, so do not ask or offer; it will be rejected. Seller is selling all in Memphis market to invest in local market. Selling with 3 other duplexes and will split.

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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: 2024-12-13T19:03:27.357.
www.gowenpropertygroup.com/homes/156331804
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4447 Sumners Wells Rd Memphis, TN 38118

  • Price: $149,900
  • Status: Active
  • On Site: 69 Days
  • Updated: 49 min ago
  • MLS #: 10182586
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1600-1799
SQFT
$88
$/SQFT
1973
Built
Neighborhood:
Whitehaven Park (East)
County:
Shelby
Area:
Whitehaven/Tchulahoma
Property Description
This is a hot investment street, with a ton of potential tenants and increasing rents/values as the neighborhood is being turnkeyed. The neighborhood is close to the airport and several distribution centers with a strong need for workforce housing. Currently, these are rented for $1575 combined, with 4447 rented for $875 until 6/30/25 & 4449 for $700 until 1/31/2025. Fixed up, both units should rent in the $900 range, allowing for some great long-term income and an awesome reason to add it to your portfolio! Buyer to verify all facts; no showings until accepted offer. Do not disturb tenants. No assignable/wholesaler offers will be accepted. No seller-financing, so do not ask or offer; it will be rejected. Seller is selling all in Memphis market to invest in local market. Selling with 3 other duplexes and will split.
Exterior Features

Covered Parking Spaces 0 Exterior And Windows Aluminum Window(s)Brick Veneer Lot Description LevelSome Trees Lot Size 55X110 Parking Driveway/Pad Parking Display 0 Pool Description None Roof Composition Shingles Style Traditional

Interior Features

Cooling Central Cooling Fireplaces 0 Floors And Ceilings Other (See REMARKS) Heating Central Hot Water GasIndividual System Unit1 Step-Saver Kitchen Unit1 Bedrooms 2 Unit1 Den Dimensions 0x0 Unit1 Dining Room Dimension 0x0 Unit1 Full Baths 1 Unit1 Half Baths 0 Unit1 Living Room Dimension 15X13 Unit1 Primary Dimension 12x13 Unit1 Sq Ft Heated 0-999 Unit1 Total Baths 1 Unit2 Step-Saver Kitchen Unit2 Bedrooms 2 Unit2 Den Dimension 0x0 Unit2 Dining Room Dimension 0x0 Unit2 Full Baths 1 Unit2 Half Baths 0 Unit2 Living Room Dimension 0x0 Unit2 Primary Dimension 0x0 Unit2 Sq Ft Heated 0-999 Unit2 Total Baths 1

Property Features

Annual City Tax 468 Annual County Tax 587 Duplex Type Built as Duplex Legal Subdivision Name EAST WHITEHAVEN PARK Lot Number 110 New Financing Conventional Percent Occupancy 100 Tenants Pay All Utilities Type Of Leases Year Unit1 Monthly Rent 875 Unit2 Monthly Rent 700 Warranty And Possession Addendums Tenants Rights

Listing information © 2024 Memphis Area Association of REALTORS®.
Listing provided courtesy of Memphis Metro Realty: 901-352-6200.



© 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: 2024-12-13T19:03:27.357.
 
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