$575,000
Active
74 Days Online
9 Beds6 Baths0 SQFT
Active
3160 SPOTTSWOOD AVE Memphis, TN 38111
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EXCELLENT opportunity to own a small MFU by the U of M! The area is booming right now and this type of unit is very rare. New septic in 2022; various ext./int. repairs, including unit turns last year. Utility billback in place at $750/month (would be 875 with all units occupied). Large attic and basement for possible expansion - more units=more money! 5/6 units occupied, bringing in $4765+$750(utilities)/month with the vacant being marketed for $850. Possible upside. No assignments/wholesalers
- Property TypeMulti-Family
- NeighborhoodSpottswood
- CountyShelby
- Taxes$4,932
- HOA/Condo/Coop Fees$0
- Days on Site74 Days
- MLS StatusActive
- MLS ID Number10167380
- Home Size Source N/A
- Year Built1920
- Lot Size0 Acres
- Full Baths6
- Partial BathsN/A
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