4034 Berkshire Ave, Memphis, TN 38108

$385,968

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List Price
$385,968
MLS#
10221402
Property Type
Multifamily
Lot Size
7,700
Status
ACTIVE

Property Description

Berkshire is a 5 unit multi family property in the Berkshire area. The units are all 2 bedroom with central heating and air, stoves and refrigerators. The scheduled monthly rental income is 3815/mo. There is some upside in rents creating all value add opportunity without a major capital expense. Please do not disturb residents, drive by only.

Additional Information

Actual Annual Rent
45780
Annual City Tax
1522
Annual County Tax
1586
Construction
Brick/Veneer
Foundation
Slab
Hot Water
Electrical
Legal Subdivision
Jackson Ridge Second
Lot
164
Lot Size
7,700
New Financing
Conventional
Occupancy
100
Parking Facility
Asphalt/Blacktop
Roof
Shingle/Shake
Stories
2
Subdivision
JACKSON RIDGE 2ND ADD
Subtype
Apartment Building
Tenant Pays
Some Utilities
Year Built
1964

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Crye-Leike Commercial.

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