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    2061 Florida Ave

    Memphis, TN 38109
    • $350,000
    • STATUS: Active
    • ON SITE: 39 days
    • MLS #: 10102171
    UPDATED: 59 min ago
    $350,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1910
    County:

    School Ratings & Info

    Description

    Package deal of SIX turnkey rental houses, $4500 per month cash flow. ($54,000 Gross Annual income). Professional Management in place, or buyer may change management. Three-- two bedroom homes, Three --three bedroom homes.

    Monthly Payment Calculator



    © 2021 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 The Justin Lance Team of Keller Williams Realty. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2021-07-31T15:03:09.063.
    www.thejustinlanceteam.com/homes/118546284
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    2061 Florida Ave Memphis, TN 38109

    • Price: $350,000
    • Status: Active
    • Updated: 59 min ago
    • MLS #: 10102171
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1910
    Built
    Neighborhood:
    New South Memphis Blk 28
    County:
    Shelby
    Area:
    South Memphis/61 Hwy
    Property Description
    Package deal of SIX turnkey rental houses, $4500 per month cash flow. ($54,000 Gross Annual income). Professional Management in place, or buyer may change management. Three-- two bedroom homes, Three --three bedroom homes.
    Exterior Features

    Buildings 6 Construction Brick Foundation Slab Lot Size 50X175 Parking Facility Gravel Roof Composition

    Interior Features

    Cooling Systems Central Floors And Ceilings Hardwood Throughout Heating Systems Central Hot Water Individual System Laundry Connections

    Property Features

    1 Bedroom Units 0 2 Bedroom Units 3 3 Bedroom Units 3 Actual Annual Rent 54000 Annual City Tax 165 Annual County Tax 210 Annual Insurance Expenses 2400 Annual Land Lease Payment 0 Annual Misc Income 0 Annual Operating Expenses 0 Assumption No Assumption Average Annual Utilities 0 Contingency Type No Contingency Efficiency Studio Units 0 Existing Financing 2 Or More Mortgages Gross Potential Annual Rent 54000 Legal Subdivision Name New South Memphis Blk 28 Lot Number 4 Multifamily Type Converted House New Financing Cash OnlyConventional Operating Expenses InsuranceRepairs/Maintenance Other Units 0 Percent Occupancy 100 Possession At Closing Sale Includes Building And Land Source Of Info Current Records Tenant Pays All Utilities Type Of Leases Year Type Of Units 3 Br - 1 Bath

    Listing information © 2021 Memphis Area Association of REALTORS®.
    Listing provided courtesy of Kaizen Realty, Llc.



    © 2021 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 The Justin Lance Team of Keller Williams Realty. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2021-07-31T15:03:09.063.
     
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    The Justin Lance Team of Keller Williams Realty
    5847 Getwell Road B1
    Southaven MS, 38672