3969 SOUTHLAWN AVE, Memphis, TN, 38111, US
$539,000
Active
Specification
| Type | Apartment Building |
| MLS # | 10170065 |
| Heating | Central |
| Parking | Asphalt/Blacktop |
| Publication date | Apr 30, 2024 |
| Lot size | 9474 acres |
| Subdivision | SOUTHLAWN COMMERCIAL |
| Year built | 1965 |
Updated: Apr 15, 2024
$89k/Unit for this East Memphis 6-Unit! Property is located 2.4 miles from University of Memphis. Fully occupied and bringing in $4,400 per month with a proforma/potential rent of $5,500+. $85k+ in capital improvements in the last 24 months to include: Interior Renovation, New Roof, Perimeter Fence, HVAC, Exterior Lighting, Tree Removal & more. Tenants pay all utilities other than water. DO NOT DISTURB TENANTS. Accepted offer needed before touring.
$89k/Unit for this East Memphis 6-Unit! Property is located 2.4 miles from University of Memphis. Fully occupied and bringing in $4,400 per month with a proforma/potential rent of $5,500+. $85k+ in capital improvements in the last 24 months to include: Interior Renovation, New Roof, Perimeter Fence, HVAC, Exterior Lighting, Tree Removal & more. Tenants pay all utilities other than water. DO NOT DISTURB TENANTS. Accepted offer needed before touring. Read more
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