3062 PARK AVE, Memphis, TN 38111
3062 PARK AVE, Memphis, TN 38111
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$ 325,000
Est. payment | /mo

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$ 325,000
Est. payment | /mo
Save

Key Details

Property Type Multi-Family

Sub Type Converted House

Listing Status Active

Purchase Type For Sale

Subdivision Park Ave Terrace

MLS Listing ID 10231873

Year Built 1940

Annual Tax Amount $4,197

Property Sub-Type Converted House

Property Description

Excellent investment opportunity with this 4 plex that is 100% occupied with extremely low turnover. All units have central HVAC. Sewer line, water line, and two of the four water heaters have been replaced in the last two years. 1 two bed/1 bath unit downstairs, and 2 1 bed/1 bath units upstairs. Rents are $3,100/month. Owner pays for water. Owner agent.

Location

State TN

County Shelby

Area Pendleton/Park

Interior

Heating Central

Cooling Central

Flooring Hardwood Throughout, Partial Carpet

Laundry None

Exterior

Parking Features Attached, Concrete

Roof Type Composition

Building

Story 2

Foundation Conventional/Crawl Space

Water Gas

Listed by Alissa Fowler • CrestCore Realty MphsBrokerage

Nearby Locations

Carla Faye Torkelson

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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3062 PARK AVE