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4490 Wooddale Avenue
Memphis, TN 38118
Asking Price
Contact for price
Asset Type
Multifamily
Class
Class B
What's Special
100% Leased Duplex <p>Lovely brick duplex for sale! Investors only! Do not disturb or approach the tenants. Home has 2 bedrooms and 2 full bathrooms per side (total of 4 bedrooms and 4 bathrooms). Both units are rented (total rent is $1800)...this property more than satisfies the 1% rule. 100% occupancy! Home is located on a corner lot. This could be a great long term hold. Seller has made repairs including new windows and new appliances. ONLINE VIDEO AVAILABLE UPON REQUEST. Seller has lease, ledger, and repair
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
