3917 Dunn Ave, Memphis, TN 38111

$846,284

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List Price
$846,284
MLS#
10220495
Property Type
Multifamily
Lot Size
0.344 acres
Status
ACTIVE

Property Description

A fully renovated 10-unit multifamily asset in a strong Memphis rental corridor. The property features ten 2BR/1BA units generating $8,050/month in scheduled income. Recent upgrades include new electrical, central HVAC, kitchen cabinets, and granite countertops. Each unit is equipped with in-unit washers/dryers, stoves, and refrigerators. These improvements significantly reduce near-term capital expenditures for a new owner. Please do not disturb residents and drive by only.

Additional Information

Actual Annual Rent
96600
Annual City Tax
2052
Annual County Tax
2139
Annual Insurance Expense
7810
Construction
Brick
Foundation
Slab
Hot Water
Electrical
Legal Subdivision
East Memphis Park
Lot
55
Lot Size
0.344 acres
New Financing
Conventional
Occupancy
100
Parking Facility
Asphalt/Blacktop
Roof
Composition, Flat
Stories
2
Subdivision
EAST MEMPHIS PARK
Subtype
Apartment Building
Tenant Pays
Some Utilities
Year Built
1960

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Crye-Leike Commercial.

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