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3478 Tutwiler Ave

Memphis, TN 38122
  • $399,000
  • STATUS: Active
  • ON SITE: 74 Days
  • ID#: 10128643
UPDATED: 53 min ago
$399,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1912
County:

School Ratings & Info

Description

7 Unit apartment. Current combined rent $2975/ month. All but one unit leased. Long term tenants all on month to month leases, due for increase. One unit not leased in need of rent ready, will lease for $750/month.

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© 2022 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 eXp Realty, LLC. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2022-09-26T18:03:08.08.
www.yourkeytomemphishomes.com/homes/130863099
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3478 Tutwiler Ave Memphis, TN 38122

  • Price: $399,000
  • Status: Active
  • On Site: 74 Days
  • Updated: 53 min ago
  • ID#: 10128643
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1912
Built
Neighborhood:
Highland Heights Blk 15
County:
Shelby
Area:
Midtown/Holmes
Property Description
7 Unit apartment. Current combined rent $2975/ month. All but one unit leased. Long term tenants all on month to month leases, due for increase. One unit not leased in need of rent ready, will lease for $750/month.
Exterior Features

Buildings 2 Construction Vinyl Siding Foundation Conventional/Crawl SpacePartial BasementSlab Land Sq Ft 13400 Lot Size 67 X 200 Parking Facility Less Than 1 Per Unit Roof CompositionRoll

Interior Features

Appliances Equipment RefrigeratorRange/Oven (Freestanding) Cooling Systems Other (See Remarks) Floors And Ceilings 8 FeetDry WallHardwood ThroughoutVinyl Floor Heating Systems Wall Heat Hot Water Gas Laundry Common Laundry Leaseable Sq Ft 4575

Property Features

1 Bedroom Units 4 2 Bedroom Units 2 3 Bedroom Units 0 Actual Annual Rent 35600 Annual City Tax 1441 Annual County Tax 1826 Annual Insurance Expenses 1800 Annual Land Lease Payment 0 Annual Misc Income 0 Assumption No Assumption Average Annual Utilities 12000 Contingency Type No Contingency Efficiency Studio Units 1 Existing Financing Other (See Remarks) Gross Potential Annual Rent 43600 Legal Subdivision Name Highland Heights Blk 15 Lot Number W Pt 12 Multifamily Type Apartment Building New Financing Cash Only Operating Expenses Accounting/LegalAll UtilitiesInsuranceManagementRepairs/MaintenanceServicesTaxes Other Units 0 Percent Occupancy 85 Possession At ClosingTenants Rights Sale Includes Building And LandNo EquipmentNo FurnishingsSome Appliances Source Of Info Owner Tenant Pays Other (Call La) Type Of Leases Monthly Type Of Units 1 Br - 1 Bath2 Br - 1 BathEfficiency/Studio Zoning Ru-1

Listing information © 2022 Memphis Area Association of REALTORS®.
Listing provided courtesy of Kaizen Realty, Llc: 901-221-4041.



© 2022 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 eXp Realty, LLC. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2022-09-26T18:03:08.08.
 
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eXp Realty, LLC
5865 Ridgeway Center Parkway, Suite 218
Memphis TN, 38120