Description
Located in a solid rental area, this 4-plex property offers excellent income potential. The property features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, making it a versatile addition to any investment portfolio. One of the 2-bedroom units was previously rented to a Section 8 tenant for $945 per month, demonstrating strong rental demand. With full occupancy, this property has the potential to generate $3,200+ in monthly income. Conveniently situated near Downtown Memphis, Midtown, and major freeway access, this property provides easy access to dining, shopping, and employment centers. Don't miss this great opportunity to own an income-producing multi-family property!
Details
| MLS # | 10208512 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1925 |
| Days On Site | 315 |
| Listing Provided By | ResiAmerica, Inc. | Christopher Mosby |
Features
| Story(s) | 2 |
|---|---|
| Units | 4 |
| Building(s) | 1 |
Exterior
| Roof | Shingle/Shake |
|---|---|
| Construction | Brick |
| Foundation | Partial Basement |
Parking
| Parking Facility | Asphalt/Blacktop, Concrete |
|---|
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38114 |
| Area | South Memphis | Glenview |
| Subarea | 748C |
| Community Name | FLOWER GARDEN |
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Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38114 |
| Area | South Memphis | Glenview |
| Subarea | 748C |
| Community Name | FLOWER GARDEN |
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