2053 Linden Ave - Apartments FOR SALE


Memphis, TN 38104- Midtown Memphis
$399,000 USD
901-277-0477
2053 Linden Ave, Memphis, TN for Sale
$399,000 USD
Apartments - FOR SALE
1/35
null | Request Cap Rate

2053 Linden Ave
Memphis, TN 38104
Midtown Memphis


HIGHLIGHTS

  • Midtown Memphis
  • Surrounded by Single Family Homes
  • Great for Owner Occupant

OVERVIEW

This 4 unit multifamily property is fully occupied with a consistent rental history. Recent upgrades include new facade, new windows and a newer roof. Units have high ceilings, hardwood floors and architectural detail. Walkable location near retail and dining. Prime Midtown Memphis submarket. Value add opportunity with upside in rents. Units are individually metered. The current gross income is 46,080 annually and 3840 per month. Drive by only. Please do not disturb residents.

FOR SALE DETAILS

PRICE

$399,000 USD

PRICE/SF

$122 USD /SF

# OF UNITS

4

PRICE/UNIT

$99,750

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1912

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,501 SF

ZONING

RD

APN/PARCEL ID

01-6064-0-0013

ASK ABOUT THIS PROPERTY

Jeffrey MooreCrye-Leike CommercialMore Info
901-277-0477

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Jeffrey MooreCrye-Leike CommercialMore Info
901-277-0477

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.