Description
Value-add multifamily opportunity in Midtown Memphis! This 8-unit property features a desirable mix of four studios and four- 1 bedroom 1 bath units. Four units are currently occupied $750-$900 The remaining four units consist of two studios and two- 1 bedroom units and are partially renovated and in need of completion Property offers an opportunity for an investor to complete renovations, improve operations, and stabilize the asset. Offered at ~$56,000 a door. Conveniently located near Downtown Memphis, Medical District, and Midtown amenities. Property being sold As-Is. Please do not disturb tenants.
Details
| MLS # | 10229640 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 15 |
| Listing Provided By | Renshaw Company, REALTORS | Raychel Day |
Features
| Story(s) | 2 |
|---|---|
| Units | 8 |
| Building(s) | 1 |
Exterior
| Roof | Pitched |
|---|---|
| Construction | Brick |
| Foundation | Conventional/Crawl Space |
Parking
| Parking Facility | Gravel |
|---|
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38104 |
| Area | Central Gardens |
| Subarea | 746A |
| Community Name | BEAUREGARD PLACE |
| Listing VS Median (in BEAUREGARD PLACE) | |
Price: $449,900 low | high Med: $0 On site: 15 low | high Med: | |
Market Activity 38104
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Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38104 |
| Area | Central Gardens |
| Subarea | 746A |
| Community Name | BEAUREGARD PLACE |
| Listing VS Median (in BEAUREGARD PLACE) | |
Price: $449,900 low | high Med: $0 On site: 15 low | high Med: | |
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