Collect $1,300/month OR MORE on this
2-Unit Property in Memphis, TN!
? Are you looking for real passive income?
? Are you looking to multiply your returns in real estate?
? Tired of competing over single family units?
For less than the price of many Single Family Homes, you can have 2 income-producing units!
PRICED TO MOVE QUICKLY: $64,000
Don?t miss out!
This multifamily property offers multiple money-generating strategies:
? Pro Forma Cap Rate 13%
? Stable Property in hot rental area
? No repairs needed
? Priced to MOVE
? Great Community
? Fully occupied
? Both units are 2 bedroom / 1 bath
? Perfect multifamily deal
? Even more possible value plays!
This is an off-market deal.
For IMMEDIATE DELIVERY of the Property Package:
Option 1: Text your name & email to 901-290-1430 and a packet will be emailed within 10 minutes
Option 2: Dial the voice box at 901-290-1430 and speak ONLY your name & email ? a packet will be emailed within 10 minutes
- Lot: 9,583 sqft
- Single Family
- Built in 1979
- Less than 1 day on Zillow
- Views: 3,053 all time views
- 3 shoppers saved this home
- Cooling: Other
- Heating: Forced air
- Last sold: Nov 2012 for $63,000
- Last sale price/sqft: $48
- Heat - gas
- Laundry room
- Exterior material: Brick
- Roof type: Shake Shingle
- Room count: 12
- Stories: 1
- Structure type: Other
- Floor size: 1,300 sqft
- Lot depth: 130 ft
- Lot width: 75 ft
- Parcel #: 093417 F00006
- Zillow Home ID: 42337056
The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table
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The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
Homes like this sold for $37-95K.
Popularity on Zillow
Trending! This home is one of the top 10% most visited in the neighborhood this week.
Neighborhood: Hickory Ridge-South Riverdale
Foreclosures will be a factor impacting home values in the next several years. In Hickory Ridge-South Riverdale, the number of foreclosures waiting to be sold is 104.9% greater than in Memphis, and 337.1% higher than the national average. This higher local number may prevent Hickory Ridge-South Riverdale home values from rising as quickly as other regions in Memphis.
- 3522 Bishops Gate Dr2 beds, 2 baths
1,080 sqft, 3,049 sqft lot, built in 1995
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Nearby Schools in Memphis
GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.
Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.
Data by GreatSchools.org
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