259 Maryland Ave - Multi-Family FOR SALE


Memphis, TN 38126- South Memphis
$250,000 USD
901-273-6648
259 Maryland Ave, Memphis, TN for Sale
$250,000 USD
Multi-Family - FOR SALE
1/20
null | 9.53% Cap Rate

259 Maryland Ave
Memphis, TN 38126
South Memphis


OVERVIEW

Great opportunity for a turnkey four plex! Owner has done a great job renovating. New roof, new flooring, tile, kitchens, and bathrooms. 2 bedroom 1 bath rented at 1150, 1 bedroom renting for $820, and 2 studios offered at $820. Utilities paid by owner and included in the rent.

FOR SALE DETAILS

PRICE

$250,000 USD

PRICE/SF

$160 USD /SF

# OF UNITS

4

PRICE/UNIT

$62,500

CAP RATE

9.53%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Maryland Fourplex

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,661 SF

ZONING

RU-3

APN/PARCEL ID

01-3033-0-0004

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 Policy.