Skip To Content

4826 Cromwell Ave

Memphis, TN 38118
  • $405,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 10165191
$405,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1971
County:

School Ratings & Info

Description

Don't miss this opportunity to own this cash-flowing property that is currently occupied by a well-established child care center. This long term tenant's lease extends through August 2026 for a stead stream of cash flow! The playground equipment stays with the sale. This is a chance to step into a hassle-free and turnkey investment with significant upside potential for future gains!

Monthly Payment Calculator



© 2024 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New Home Key | Centric Realty LLC. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2024-02-25T00:04:44.067.
www.yournewhomekey.com/homes/147252389
Print Image

4826 Cromwell Ave Memphis, TN 38118

  • Price: $405,000
  • Status: Active
  • On Site: 21 Days
  • MLS #: 10165191
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1971
Built
Neighborhood:
Winwood Commercial & Industrial
County:
Shelby
Area:
Parkway Village
Property Description
Don't miss this opportunity to own this cash-flowing property that is currently occupied by a well-established child care center. This long term tenant's lease extends through August 2026 for a stead stream of cash flow! The playground equipment stays with the sale. This is a chance to step into a hassle-free and turnkey investment with significant upside potential for future gains!
Exterior Features

Buildings 1 Location Free StandingIndustrial Park Lot Size .38 Parking Facility 16-30 SpacesConcrete Road Frontage City Street Roof Composition Shingles Truck Loading Door Height Less Than 6 Ft

Interior Features

Average Ceiling Height 8-10.9 Feet Cooling System Central Cooling Floors Tile Foundation Other (Call LA) Heating System Central Hot Water Electric Hot Water Leaseable Sq Ft 4184 Restrooms 4 Seating Capacity 151-200

Property Features

Actual Annual Rent 42000 Annual City Tax 2089 Annual County Tax 2621 Annual Operating Expenses 13605 Commercial Type Commercial Contingency Type No Contingency Existing Financing Other (See Remarks) Information Available LeasesTax Info Available Legal Subdivision Name WINWOOD COMM & IND REV Lot Number 3 New Financing Conventional Operating Expense Includes Property InsuranceTaxes/Real Estate Percent Occupancy 100 Possession Lease 1-5 Years LeaseTenants Rights Sale Includes Building and LandSome Equipment Tenant Pays All UtilitiesElectricityHeatInside RepairsOutside RepairsTrash RemovalWater/Sewer Type Usage Special Purpose Zoning Commer

Listing information © 2024 Memphis Area Association of REALTORS®.
Listing provided courtesy of Keller Williams: 901-261-7900.



© 2024 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New Home Key | Centric Realty LLC. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2024-02-25T00:04:44.067.
 
https://bt-photos.global.ssl.fastly.net/memphis/1280_boomver_1_10165191-2.jpg https://bt-photos.global.ssl.fastly.net/memphis/1280_boomver_1_10165191-2.jpg https://bt-photos.global.ssl.fastly.net/memphis/1280_boomver_1_10165191-2.jpg
Logo
Your New Home Key | Centric Realty LLC
813 Ridge Lake Blvd
Memphis TN, 38120