4826 CROMWELL AVE Memphis, TN ^$ 389,000

4826 CROMWELL AVE

^$ 389,000

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4826 CROMWELL AVE

Memphis, TN, 38118

^$ 389,000

Studio Baths4.0 Sq 4,184

Monthly Estimate*

^$ 2,585

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Studio

Commercial Property for sale in Memphis, TN

for $389,000 with 4 full baths. This 4,184 square foot building was built in 1971.

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!

Commercial Active

Price

^$ 389,000

Bedrooms

Studio

Full Bath

Property Type

Commercial

Taxes

^$ 4,710

Style

Special Purpose

Year Built

1971

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10165191

Features

General

Roof Composition Shingles

Zoning Commer

Status Active Active

Legal Subdivision Name WINWOOD COMM & IND REV

Stories 1

Class Commercial/Industrial

Type Commercial

Area 772H Parkway Village

Road Frontage City Street

Year Built 1971

City Memphis

Virtual Tour https://www.searchallproperties.com/listings/3244128/vtour?ubd=1

Exterior

Foundation Other (Call LA)

Number of Buildings 1

Lot Size .38

Parking Facility 16-30 Spaces Concrete

Interior

Hot Water Electric Hot Water

Floors Tile

Heating Central

Restrooms 4

* Excluded Features

List By

Keller Williams

Broker

Affordability Calculator

$2,978

Per Month

Monthly Principal & Interest: $2,585
Monthly Property Taxes: $393
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Memphis, TN

Average List Price ^$486,763

Percent of Sale Price 25%

About Memphis, TN

651,785 Population

-6% Since 2002

^$38,338 Median Income

35.39 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

460623 Elementary School

460624 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/24/2024	$389,000	-2.51%	Price Down
3/18/2024	$399,000	-1.48%	Price Down
2/3/2024	$405,000		Listed Price

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4826 CROMWELL AVE, Memphis, TN, 38118 is a Commercial Property for sale at $389,000 with 4,184 sqft. 4826 CROMWELL AVE is a studio with 4.0 baths and was built in 1971. The property's zip code is 38118 which is in Memphis, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Some or all of the listings displayed may not belong to the firm whose website is being visited.

The information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing.

Data is updated as of 4/25/2024.

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4826 CROMWELL AVE

Commercial Property for sale in Memphis, TN

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