Major Renovation of 40 units- 2bed/1bath, 3bed/1bath. in a fast-developing area. $36k monthly fully rented. Owner has completed major renovations! New architectural roofs, 40 HVAC units, H2O heaters, resurfaced parking lot, interior renovations, coin operated laundry room. Owner can carry up to a 15 % second mortgage on cash purchase. 5 year roof warranty! 1424 Canfield also included in sale.
Sold for $2,597,000 on 04/06/23
$2,597,000
1448 Dellwood Ave, Memphis, TN 38127
--beds
--baths
36,800sqft
Multi Family
Built in 1959
-- sqft lot
$2,347,000 Zestimate®
$71/sqft
$1,102 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: April 07, 2023 at 04:58am
Listed by:
Alan Stricklin Crenshaw,
Ware Jones, REALTORS
Bought with:
Curtis L Braden
Braden, Braden & Braden LLC
Source: MAAR,MLS#: 10129236
Facts & features
Interior
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Range/Oven (Built-In), Refrigerator, Electric Water Heater
- Laundry: Common Area, Equipment Owned
Features
- Flooring: Tile, Vinyl
- Basement: Crawl Space
Interior area
- Total interior livable area: 36,800 sqft
Property
Parking
- Parking features: Asphalt/Blacktop, Attached
Features
- Stories: 2
- Exterior features: Sidewalks, Some Landscaping, Ceiling Fan(s)
- Fencing: Partial
Lot
- Size: 5,891 sqft
- Dimensions: 5892 Sq. ft
Details
- Parcel number: 070010 00018
- Lease amount: $0
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Dry Wall
- Roof: Composition
Condition
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Leasing Office, Dumpster
Location
- Region: Memphis
- Subdivision: Ridgecrest First Addition
HOA & financial
Other financial information
- Total actual rent: 319104
Other
Other facts
- Listing terms: Conventional