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3478 Tutwiler Ave

Memphis, TN 38122
  • $340,000
  • STATUS: Active
  • ON SITE: 31 Days
  • MLS #: 10159951
UPDATED: 37 min ago
$340,000
  • 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. 4 occupied, 3 vacant. Scheduled rents are $2200/month. With the other two units filled the potential rent is $4100/month. All leases are month to month. Possession can be taken with tenants or vacant with 30 day notice.

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© 2023 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 Red Sea Realty Co LLC. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2023-12-02T09:03:11.663.
www.redsearealtyco.com/homes/144871613
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3478 Tutwiler Ave Memphis, TN 38122

  • Price: $340,000
  • Status: Active
  • On Site: 31 Days
  • Updated: 37 min ago
  • MLS #: 10159951
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. 4 occupied, 3 vacant. Scheduled rents are $2200/month. With the other two units filled the potential rent is $4100/month. All leases are month to month. Possession can be taken with tenants or vacant with 30 day notice.
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 Range/Oven (Freestanding)Refrigerator 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 266200 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 49200 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 57 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 © 2023 Memphis Area Association of REALTORS®.
Listing provided courtesy of Kaizen Realty, Llc: 901-221-4041.



© 2023 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 Red Sea Realty Co LLC. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2023-12-02T09:03:11.663.
 
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Red Sea Realty Co LLC
6812 Crumpler Blvd, Suite 104
Olive Branch MS, 38654