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Property Description

$47,000 in gross net income from this property alone. Downstairs unit is beautifully updated 3 bedroom, 2 baths, with gorgeous kitchen, large dining room, living room with non function but cozy fireplace. Downstairs is fully occupied with Lease until May 2027 paying $2650 per month. Upstairs is large one bedroom *could be 2, and one bath, enormous kitchen. Upstairs occupied with one year lease (Feb 2037) at $1300. Replaced roof 2023 as well. This property (both units) has not ever been vacant. Great turnover. Landlord pays for water and yard but each unit has their own meter and tenants pay for gas and electric. Seller has 525 Rienzi for sale as well and can sell both as portfolio for $$850k

Features
Swimming Pool:
No
Heating System:
Central, Gas
Cooling System:
Central Cooling, 220 Wiring
Fireplaces:
1
Roof Deck:
Composition Shingles
Covered Parking Spaces
FOUNDATION:
Partial Basement
Parking Feature:
Driveway/pad
Address Map
Country:
US
State:
TN
County:
Shelby
City:
Memphis
Subdivision:
E ANNESDALE
Zipcode:
38104
Street:
COWDEN
Street Number:
1844
Street Suffix:
RD
Floor Number:
0
Longitude:
W91° 59' 58.5''
Latitude:
N35° 7' 42.3''
Directions:
Easy to access Cowden block is between McLean & Barksdale
MLS Addon
Agent ID:
415
Status:
Active
Type:
Single Family Conversion
# of Stories:
2
Lot Size:
60X120

Duplexes For Sale

1844 COWDEN RD, Memphis, Tennessee 38104

3 Bedrooms
2 Bathrooms
0 Sqft
$475,000
Listing ID #10214593
Basic Details
Property Type :
Duplexes
Listing Type :
For Sale
Listing ID :
10214593
Price :
$475,000
Bedrooms :
3
Bathrooms :
2
Full Bathrooms :
2
Half Bathrooms :
0
Square Footage :
0 Sqft
Year Built :
1915
Lot Area :
0 Acre
Status :
Active
Days On Market :
14
Contact Agent