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3468 Bowen Ave

Memphis, TN 38122
  • $318,900
  • STATUS: Active
  • ON SITE: 41 Days
  • ID#: 10159228
UPDATED: 16 min ago
$318,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1925
County:

School Ratings & Info

Description

Extremely rare set of units in one of the most desirable rental areas in Memphis! Just N of Summer Ave, off of Highland is this 4-unit set, all on one lot! Unit Comp: Duplex - 1 x 2/1, 1 x 1/1 ADU1 - 1 x 1/1 ADU2 - 1 x Studio 2/1 Three of the units have been updated and the buildings look great! 3/4 are occupied now. Current rents are: U1: $750+$239 utilities | U3: $685+$123 utilities | U4: $575+$100 utilities No assignable/wholesaler offers, no 'creative' financing. One unit avail to show

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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 The Heart To Home Group at RE/MAX Experts. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2023-12-01T09:03:28.527.
www.mattsellsmemphis.com/homes/144561020
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3468 Bowen Ave Memphis, TN 38122

  • Price: $318,900
  • Status: Active
  • On Site: 41 Days
  • Updated: 16 min ago
  • ID#: 10159228
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1925
Built
Neighborhood:
Highland Heights Blk 14
County:
Shelby
Area:
Midtown/Holmes
Property Description
Extremely rare set of units in one of the most desirable rental areas in Memphis! Just N of Summer Ave, off of Highland is this 4-unit set, all on one lot! Unit Comp: Duplex - 1 x 2/1, 1 x 1/1 ADU1 - 1 x 1/1 ADU2 - 1 x Studio 2/1 Three of the units have been updated and the buildings look great! 3/4 are occupied now. Current rents are: U1: $750+$239 utilities | U3: $685+$123 utilities | U4: $575+$100 utilities No assignable/wholesaler offers, no 'creative' financing. One unit avail to show
Exterior Features

Buildings 3 Construction Aluminum/Steel SidingVinyl SidingWood/Composition Foundation Conventional/Crawl SpaceSlab Lot Size 50X200 Misc Exterior Sidewalks Parking Facility Concrete Roof Composition

Interior Features

Cooling Systems 1 Window Unit per Unit2+ Window Units per UnitCentral Floors And Ceilings TileVinyl Floor Heating Systems CentralGas Hot Water GasPublic SewerPublic Water Laundry Common Laundry

Property Features

1 Bedroom Units 2 2 Bedroom Units 1 3 Bedroom Units 0 Actual Annual Rent 24120 Annual City Tax 609 Annual County Tax 765 Assumption No Assumption Contingency Type No Contingency Efficiency Studio Units 1 Existing Financing Conventional Fixed Gross Potential Annual Rent 37000 Legal Subdivision Name HIGHLAND HEIGHTS BLK 14 Lot Number W PT 13 Multifamily Type Other (See REMARKS) New Financing Conventional Operating Expenses InsuranceManagementSome Utilities Other Units 0 Percent Occupancy 75 Possession At ClosingTenants Rights Sale Includes Building and Land Source Of Info LeasesOwnerP/L StatementRent Roll Tenant Pays Other (Call LA) Type Of Leases Year Type Of Units 1 BR - 1 Bath2 BR - 1+ BathsEfficiency/Studio

Listing information © 2023 Memphis Area Association of REALTORS®.
Listing provided courtesy of Memphis Metro Realty: 901-352-6200.



© 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 The Heart To Home Group at RE/MAX Experts. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2023-12-01T09:03:28.527.
 
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The Heart To Home Group at RE/MAX Experts
1779 Kirby Pkwy #3
Memphis TN, 38138