BEDS12
BATHS
MLS#10219672
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONGRAHAM
NEIGHBORHOODSouth Bluffs-Downtown
Property Description
This fully renovated 6-unit multifamily property is located just minutes south of Downtown Memphis. Each unit is a spacious 2-bedroom, appealing to a strong and stable tenant base. Recent upgrades include a new roof, electrical, plumbing, windows, and flooring. The property generates $5,400 in scheduled monthly rental income. A turnkey asset offering immediate cash flow with upside in a growing submarket.
Property Features
Property Type: Multi Unit - Multiple
Cooling: 1 Window Unit per Unit
Heating: Wall Heat
Roof Type: Shingle/Shake
Stories: 2.0
Year Built: 1965
Feature Descriptions
Floors/ Ceilings: Vinyl Floor
Units: 6
Listed By / Shown By
Listed By
Agency Name: Crye-Leike Commercial
Agency Phone: (901) 277-0477
Agent Name: Jeffrey Moore
Source: MAAR MLS
Estimate Your Payment
Estimated Payment
$ 1,482.65 per month $1,310.86 Principal & Interest $0.00 Property Tax (data not provided by mls) $171.79 Homeowner's InsuranceChange Payment Information
Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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957 Wellington Ave | MLS# 10219672
This multi-family property located at 957 Wellington Ave, Memphis, TN 38126 is currently listed for sale by Crye-Leike Commercial, with an asking price of $589,000. Search South Bluffs-downtown real estate on www.fusion2b.com today.