2381 Forrest Ave, Memphis, TN 38112

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Sold Price
$400,000
List Price
$415,000
Closing Date
Apr 19, 2024
MLS#
10161938
Property Type
Multifamily
Lot Size
50X132.5
Status
CLOSED

Property Description

Experience luxury living in this charming quadruplex property. The Four 1 bed/1 bath units measures 1013 Sq Ft, providing ample space and comfort with a total of 4,054 Sq Ft. This property offers a unique investment opportunity, with 3 units available for short-term rental and 1 occupied by a long-term tenant for steady income. For security, the property features Ultraloq Smart Locks are on all entrances. Don't miss out on this opportunity.

Additional Information

Actual Annual Rent
70000
Annual City Tax
1680
Annual County Tax
2109
Construction
Brick
Foundation
Conventional/Crawl Space
Hot Water
Gas
Legal Subdivision
Misses Hanson
Lot
9
Lot Size
50X132.5
New Financing
Cash Only, Conventional, FHA/VA, Owner Mortgage
Occupancy
70
Parking Facility
Asphalt/Blacktop
Roof
Tile
Stories
2
Subdivision
MISSES HANSON
Subtype
Apartment Building
Tenant Pays
Cleaning Fees
Year Built
1922

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of homecoin.com. Selling Office: Premier Realty Group, LLC.

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