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372 S Fenwick Rd 3 Unit Apartment Building Offered at $250,000 Memphis, TN 38111
Investment Highlights
- Call listing agent Worth Woodyard for more information 901-767-1998
Executive Summary
Great investment opportunity! Property has long been stabilized with long term tenants. Property also has new roof. Easy turnkey opportunity. Call agent for showings.
Rents are $800 and $850 for 1 bed rooms, and $750 for the studio.
Cash offers only- property is currently legal non conforming use and needs a special use permit.
Rents are $800 and $850 for 1 bed rooms, and $750 for the studio.
Cash offers only- property is currently legal non conforming use and needs a special use permit.
Property Facts
| Price | $250,000 | Property Type | Multifamily |
| Price Per Unit | $83,333 | Building Size | 1,641 SF |
| Sale Type | Investment | No. Stories | 1 |
| No. Units | 3 | Year Built | 1958 |
| Price | $250,000 |
| Price Per Unit | $83,333 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Building Size | 1,641 SF |
| No. Stories | 1 |
| Year Built | 1958 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 2 | - | - |
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 04-5041-0-0044 | Improvements Assessment | $72,240 |
| Land Assessment | $14,360 | Total Assessment | $86,600 |
Property Taxes
Parcel Number
04-5041-0-0044
Land Assessment
$14,360
Improvements Assessment
$72,240
Total Assessment
$86,600
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Contact the Sale Advisor
372 S Fenwick Rd