Price Reduction
Address
4965 BRUNSWICK RD, Bartlett, TN
Price
$ 850,000
Property Attributes
- MLS#10165521
- TypeMulti-Family
- CountySHELBY
- CityBartlett
- AreaBartlett-Brunswick
- NeighborhoodBRUNSWICK
- Zip38002
- StyleConverted House
- Year Built1989
- Taxes$ 11597
- Price$ 850,000
- Bedrooms14
- Full Bathrooms2
- Half Bathrooms0
Data Source:
Memphis MLS (MAAR)
Property Description
Open House Sat 10a- noon /Sun MUST RSVP Turn Key Assisted living per resident: $5,665/month; Our 8-Bed "Home for the Aged" "Assisted Living Center" offers a cost-effective alternative to nursing homes. Avg cost per bed: $4,500-$5K, lower than nursing homes $9K. ADDED VALUE expand to 18 beds w/ the installation of a sprinkler system. Expenses -$8k Monthly. Current projected monthly revenue: $40K = 8 beds; $90K for 18 beds w/rent & inflation increase + Respite Care + Senior Daycare=$200 Day
| Price History | |
|---|---|
| 2/8/2024 | Listed $899,000 |
| 3/30/2024 | 3% - $875,000 |
| 4/17/2024 | 2% - $860,000 |
| 5/3/2024 | 2% - $850,000 |
General Features
| Roof | Composition |
|---|---|
| Zoning | R10 CU |
| Construction | Brick,Vinyl Siding,Storm Window(s) |
| Amenities | Cable T.V.,Balcony/Patio,Security System,Extra Storage,Security Guard(s),Guest Quarters,Lawn Sprinkler,B-B-Q Pit/Area |
| Status | Active |
| Legal Subdivision Name | BRUNSWICK |
| Stories | 2 |
| Class | Multi-Family |
| Laundry Y/N | Common Laundry |
| Type | Converted House |
| Area | 853A |
| Status | Active |
| OPERATING EXPENSES | Management,Insurance,Some Utilities |
| Area | Bartlett/Brunswick |
| Service Type | Full Service Listing |
| HEATING SYSTEMS | Central |
| COOLING SYSTEMS | Central,220 Wiring |
| Year Built | 1989 |
| City | Bartlett |
| Virtual Tour | https://youtu.be/SC8MCFMX8o0 |
Interior Features
| Hot Water | Electrical,Public Water,Public Sewer |
|---|---|
| Total # of Units | 2 |
| # 1 Bedroom Units | 10 |
| # 2 Bedroom Units | 2 |
| # Efficiency/Studio Units | 3 |
| # Other Units | 1 |
| FLOORS/CEILINGS | Hardwood Throughout,Tile |
Exterior Features
| Foundation | Slab |
|---|---|
| Number of Buildings | 2 |
| Lot Size | 375.28 X 292.21 IRR |
| MISCELLANEOUS EXTERIOR | Highway Frontage,Fire Escape,Security Lighting,Specialty Shop(s),Some Landscaping,Fully Fenced,Ceiling Fan(s) |
| Parking Facility | Asphalt/Blacktop,Concrete,Gravel,Attached,Detached |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 38002
Price
Taxes
Visits
Year Built
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Listing information provided courtesy of the Central West Tennessee Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS.
Updated: May 4, 2024 8:10 AM UTC
