Listing Courtesy of: Randall Weatherall - Memphis Metro Realty
$250,000
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3468 BOWEN Ave Memphis, TN 38122
Fourplex
Residence
Beds
Baths
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Bed/Bath
Sq. Ft.
Property Activity
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Three of four occupied - current rents are $475+$100/month for rent and utilities. Unit 3 is $685+$123.25/mon, and unit 1 is getting $800+125 in utilities. Investors, here is your chance to get a 4-unit complex in a HOT part of town - close to Summer Ave., Berclair, Midtown and a lot of jobs! Thi...s spot has had a huge come-up in the last few years, with new businesses, apartment buildings, and city betterment initiatives going on nearby. Get in while it's affordable and reap the rewards for years to come with a cashflowing property offered at a killer price! 4 units total, 1 eff., 2 x 1/1 units, and 1 x 2/1 unit with a common laundry. Market rent for vacant unit is $850 per month with $100-125/unit utility billback in lease. 1 unit is vacant.
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MLS#
10183809
Property Type
Fourplex
Year Built
1925
Lot Size
0.23
Sewer
Public Sewer
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