2053 Linden Ave, Memphis, TN 38104
- $380,000
- List Price
- $380,000
- MLS#
- 10223505
- Property Type
- Multifamily
- Lot Size
- 50X150
- Status
- ACTIVE
Property Description
This 4 unit multifamily property is fully occupied with a consistent rental history. Recent upgrades include new facade, new windows and a newer roof. Units have high ceilings, hardwood floors and architectural detail. Walkable location near retail and dining. Prime Midtown Memphis submarket. Value add opportunity with upside in rents. Units are individually metered. The current gross income is 46,080 annually and 3840 per month. Drive by only. Please do not disturb residents.
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Additional Information
- Actual Annual Rent
- 45953
- Annual City Tax
- 1928
- Annual County Tax
- 2010
- Annual Insurance Expense
- 2507
- Construction
- Vinyl Siding, Wood/Composition
- Foundation
- Conventional/Crawl Space
- Hot Water
- Electrical
- Legal Subdivision
- W Lenox
- Lot
- 45
- Lot Size
- 50X150
- New Financing
- Conventional
- Occupancy
- 100
- Parking Facility
- Gravel
- Roof
- Pitched, Shingle/Shake
- Stories
- 1
- Subdivision
- LENOX (WEST)
- Subtype
- Converted House
- Tenant Pays
- Some Utilities
- Year Built
- 1912
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Listing courtesy of Crye-Leike Commercial.
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