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BEDS4
BATHS3
MLS#10214593
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONCENTRAL GARDENS
NEIGHBORHOODCentral Gardens
Property Description
$47,000 in gross net income from this property alone. Downstairs unit is beautifully updated 3 bedroom, 2 baths, with gorgeous kitchen, large dining room, living room with non function but cozy fireplace. Downstairs is fully occupied with Lease until May 2027 paying $2650 per month. Upstairs is large one bedroom *could be 2, and one bath, enormous kitchen. Upstairs occupied with one year lease (Feb 2037) at $1300. Replaced roof 2023 as well. This property (both units) has not ever been vacant. Great turnover. Landlord pays for water and yard but each unit has their own meter and tenants pay for gas and electric. Seller has 525 Rienzi for sale as well and can sell both as portfolio for $$850k
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Cooling,220 Wiring
Heating: Central, Gas
Roof Type: Composition Shingles
Stories: 2.0
Year Built: 1915
Feature Descriptions
Appliances: Refrigerator, Range/Oven (Freestanding), Disposal, Dishwasher, Microwave
Days on Site: 17
Exterior/ Windows: Wood/Composition, Stucco, Wood Window(s)
Floors/ Ceilings: Hardwood Throughout, Smooth Ceiling,9 or more Ft. Ceiling
Parking: Driveway/Pad
Listed By / Shown By
Listed By
Agency Name: Ware Jones, REALTORS
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Source: MAAR MLS
Estimate Your Payment
Estimated Payment
$ 1,195.69 per month $1,057.14 Principal & Interest $0.00 Property Tax (data not provided by mls) $138.54 Homeowner's Insurance
1844 Cowden Rd | MLS# 10214593
This multi-family property located at 1844 Cowden Rd, Memphis, TN 38104 is currently listed for sale with an asking price of $475,000. Search Central Gardens real estate on www.clcommercialrealestate.com today.