1441 Eastmoreland Ave

Memphis, TN 38104
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7 bd, 3 ba | 3,648 sqft | Built in 1922

For Sale

Exclusive

List Price
$415,000

Initial Investment

$113,088

$

about the purchase process.
Features

Occupancy

Month To Month

Lease Start

12/01/2019

Lease End

M/M

Property Type

Triplex

Lot Size

7,515

HOA

None

Flood Risk

Not Required

  • Located in highly desirable Central Gardens Neighborhood
  • Walking distance from Methodist University Hospital and minutes from Medical District.
  • Highly desirable rental for professionals
  • Triplex with two (2) spacious 2-bedroom, 1-Bath units and one (1) large 2-bedroom, 1-bonus room, 1-bath unit
  • New roof installed (2021)
  • All units are on a month-to-month basis
  • Get more insight into this market here
See more in Analysis

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Annual Financial Highlights

Expected Rent

$31,635

Expenses

-$7,367

Property Taxes

-$6,400

Loan Payments

-$17,831

Net Cash Flow

$36

See more in Financials

Property Characteristics

Inspection Contingency

This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector's findings or cancel the contract.
  • This property will be professionally inspected before closing.
  • You'll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
  • Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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