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Great Investment in University Area
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Property Description |
This duplex is located in the heart of the University of Memphis area--one block off of Highland, within walking distance to the school!! Current rents are $395, lease expires in April 2008 and $425 on the other side, lease expires November 2008. The duplex has always rented quickly. It should cash flow around $150/mo. after managment expenses. This property has always rented quick, and the owner is willing to guarantee rent for the first 30 days. |
| Contact person: |
Brett Clothier |
| Seller Type: |
AgentorBroker |
| Phone: |
901-871-9029 |
| Email: |
info@memphisinvest.com |
| Web Link: |
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| Listing Status: |
For Sale |
| Property Type: |
Duplex |
| Price($): |
62500 |
| Street Address: |
3465 Douglas |
| City: |
Memphis |
| Region: |
Tennessee |
| ZIP/Postal Code: |
38111 |
| Bedrooms: |
2 |
| Bathrooms: |
2 |
| Stories: |
1 |
| Square Feet: |
1140 |
| Lot Size: |
0.13 |
| Year Built: |
1940 |
| Owner Finance: |
No |
| Cap Rate: |
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| Net Operating Income: |
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| Price Per Square Foot: |
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