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Home For Sale Tennessee Memphis 2255
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Multiplex For Sale By Owner

2 Rental Duplexes - Excellent income and location




2695 Milton Ave and 2699E&W Milton Ave , Memphis, Tennessee 38111 United States
Description

These are two side by side Duplexes all rented at $1830 per month. Owned property since 1998. Total area shown is sum of all four apartments. Total approx yearly Memphis city and Shelby county taxes are $2500. Insurance yearly total $1500. Utilities approx $125 per month. Three apartments are in 8/10 condition and fourth in 6/10 condition (this one needs painting). All Outside painted in 2010. Have managed from out of state since purchase without any property manager. Significant rental potential increase with central air and TLC.

Price: $137,000
Property Sub-Type: Multiplex
Total Lot Size : 0.34 Acres
Year Built : 1923
Listing ID: 2255

Map of: 2695 Milton Ave and 2699E&W Milton Ave , Memphis, Tennessee 38111 United States

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