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Listed by Christopher Mosby • ResiAmerica Inc
$254,900
Est. payment /mo
3,486 SqFt
Active
2012 CARNES AVE Memphis, TN 38114
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,486 sqft
Price per Sqft $73
Subdivision Flower Garden
MLS Listing ID 3129745
Year Built 1925
Annual Tax Amount $2,534
Lot Dimensions 50 X 130.5
Property Description
Located in a solid rental area, this 4-plex property offers excellent income potential. The property features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, making it a versatile addition to any investment portfolio. One of the 2-bedroom units was previously rented to a Section 8 tenant for $945 per month, demonstrating strong rental demand. With full occupancy, this property has the potential to generate $3,200+ in monthly income. Conveniently situated near Downtown Memphis, Midtown, and major freeway access, this property provides easy access to dining, shopping, and employment centers. Don't miss this great opportunity to own an income-producing multi-family property!
Location
State TN
County Shelby County
Interior
Cooling Gas
Flooring Wood, Tile
Fireplace N
Exterior
View Y/N false
Roof Type Other
Private Pool false
Building
Story 2
Structure Type Brick
New Construction false
Others
Senior Community false
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