2053 Linden Ave - Apartments FOR SALE


Memphis, TN 38104- Midtown Memphis
$340,000 USD
901-273-6648
2053 Linden Ave, Memphis, TN for Sale
$340,000 USD
Apartments - FOR SALE
1/16
null | Request Cap Rate

2053 Linden Ave
Memphis, TN 38104
Midtown Memphis


HIGHLIGHTS

  • 100% occupied 4 plex in popular neighborhood
  • Visit our listing website for financials
  • Call listing agent Worth Woodyard for more information 901-767-1998

OVERVIEW

Located in the heart of Midtown Memphis, 2053 Linden Avenue is a four-unit multifamily property offering an attractive investment opportunity in one of the city’s most established and desirable rental submarkets with high rental demand. The property offers potential gross monthly rental income of $3,830, or $45,960 annually. Its central Midtown location provides convenient access to Downtown Memphis, the Medical District, Overton Square, Cooper-Young, and major employment, dining, entertainment, and cultural destinations throughout the urban core.

FOR SALE DETAILS

PRICE

$340,000 USD

PRICE/SF

$104 USD /SF

# OF UNITS

4

PRICE/UNIT

$85,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2053 Linden 4-plex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

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

Worth WoodyardWoodyard Realty CorporationMore Info
901-273-6648

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Worth WoodyardWoodyard Realty CorporationMore Info
901-273-6648

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