3721 Millbranch RdMemphis, TN 38116
Lonnie E. Robertw · Shelby County
$1,538,000List price
40Beds
15,500Sq Ft
1969Year built
2Stories
5 weeks agoOn market
Description
This 20 unit has all 2 bedroom units. The property has a long-established rental history and scheduled rents of approximately $15,500 per month .Located minutes from Memphis International Airport and major FedEx and UPS employment hubs, the property is positioned near some of Memphis' most significant employment activity. The retiring owner is ready to make a deal and has reduced the price to generate serious activity. This is an opportunity for an experienced investor.
Property Information
- Property type
- Residential Income
- Sub-type
- Multi Family
- Year built
- 1969
- Stories
- 2
- Building area
- 15,500 Sq Ft
- Lot size
- 36,205 Sq Ft
- Days on market
- 35
- MLS® Listing#
- 10231572
Property Features
- Appliances
- Refrigerator · Range · Electric Water Heater
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Tile
- Laundry
- None
- Construction
- Brick
- Foundation
- Slab
- Roof
- Composition
Financial Details
- Annual taxes
- $8,514
- Parcel number
- 078032 00001C
Directions
Take Winchester (W) to Millbranch. Go (S) on Millbranch to 3721 Millbranch
Listing Courtesy: Crye-Leike Commercial - 9017585670
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