2629 Tutwiler

Memphis, TN 38112

  • beds
  • baths
  • sqft
  • 1945 build
  • on site

*Motivated Seller* 3 duplexes on large shared lot on a safe street minutes from downtown and only a few blocks from Broad Ave Arts District. Fully occupied, all Month-to-month leases totaling $2,390. Tenants pay all utilities. This property is a cash flow king! Two units completely renovated. Low turnover, all tenants have been there for more than a year with average length over 5 years, all are current on rent. Expenses and income statements available upon request.

Listing courtesy of MAARMLS / Bel Air Properties, Inc.

Last checked: 2 minutes ago • Last updated Aug 5, 2020 • Source: MAARMLS

MLS# 10060114 — Report a problem

Amenities & Taxes

The Building

Construction:
Brick
Type:
Other (See REMARKS)
Roof:
Shingle/Shake
Foundation:
Slab
Floors/Ceilings:
Hardwood Throughout, Partial Carpet
Type Units:
2 BR - 1 Bath, Unfurnished
# of Buildings:
3
Total # of Units:
6

Financial & Terms

Terms:
Cash
Average Annual Utilities:
$2,000
Annual Insurance Expenses:
$2,652
Annual Operating Expenses:
$15,390
Operating Expenses:
Insurance, Taxes

The Property

Area:
744F
Lot Size:
52 Sqft

Listing Agent

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Agent phone:
(901) 324-3039
Office phone:
(901) 324-3039

Beds

# 2 Bedroom Units:
6

The Listing

Sale includes:
Building and Land
Cumulative Days on Market:
111

Heating & Cooling

Heating Systems:
Wall Heat
Cooling Systems:
1 Window Unit per Unit

Utilities

Hot Water:
Gas
Laundry:
None

Appliances

Appliances/Equipment:
Refrigerator, Range/Oven (Freestanding)

Parking

Parking Facility:
Asphalt/Blacktop

Your commute

WalkScore®

60
Somewhat Walkable

Provided by WalkScore® Inc.

Soundscore™

75 Moderate

Provided by HowLoud

Loud Moderate Quiet

Max Internet Speed

XFINITY from Comcast

Provided by BroadbandNow®

View a full report

Sale history

DateEventSourcePrice% Change
SoldMAARMLS$156,000-6.3%
PendingMAARMLS$166,500
Sold Subject To ContingenciesMAARMLS$166,500

Schools

N/A

Dr. William Herbert Brewster Elementary School

Public K-5

N/A

Central High School

Public 9-12

N/A

Dr. William Herbert Brewster Elementary School

Public K-5

N/A

Springdale Elementary School

Public K-5

N/A

De La Salle Elementary School

Private K-7

N/A

The Neighbor School

Private K-8

N/A

Evergreen Presbyterian Kindergarten

Private K-K

N/A

Kipp Memphis Academy Middle School

Public 5-6

N/A

Brinkley Heights Urban Academy

Private K-5

N/A

De La Salle Elementary School

Private K-7

N/A

The Neighbor School

Private K-8

N/A

Kipp Memphis Academy Middle School

Public 5-6

N/A

Cypress Middle School

Public 6-8

N/A

Central High School

Public 9-12

N/A

Kipp Memphis Academy Collegiate High School

Public 9-11

N/A

De La Salle Elementary School

Private K-7

N/A

The Neighbor School

Private K-8

N/A

Evergreen Presbyterian Kindergarten

Private K-K

N/A

Brinkley Heights Urban Academy

Private K-5

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org


Listing Courtesy of: MAARMLS and Bel Air Properties, Inc..

Based on information from the Memphis Area Association of REALTORS® MLS.




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