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$ 399,999
Est. payment | /mo
$ 399,999
Est. payment | /mo
Key Details
Property Type Multi-Family, Condo
Sub Type Flat/Garden Units
Listing Status Active
Purchase Type For Sale
Subdivision Robertson S/D
MLS Listing ID 10228773
Year Built 1965
Annual Tax Amount $5,114
Property Sub-Type Flat/Garden Units
Property Description
Fully occupied multifamily investment opportunity just minutes from Downtown Memphis! This fourplex features four 2-bedroom/1-bath units with current scheduled rents totaling $3,275 per month/$39,300 annually. Recent improvements include the addition of washer/dryers for tenant convenience. The property also offers gated parking, with tenants responsible for electric, gas and trash and owner paying water. Conveniently located near shopping, dining and major highways with easy access to Downtown Memphis and the Bass Pro Pyramid. Offered at $399,999, this income-producing property provides an opportunity to add an established, fully occupied multifamily asset to your investment portfolio.
Location
State TN
County Shelby
Area Harbor Town/Downtown
Interior
Heating Other (See Remarks)
Cooling Other (See Remarks)
Flooring Other (See Remarks)
Laundry None
Exterior
Parking Features Asphalt/Blacktop
Roof Type Composition
Building
Story 2
Foundation Slab
Water Other (See REMARKS)
Listed by Alicia L Teeter • The Firm
Nearby Locations
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Caleb Hall
REALTOR® | Lic# 331554