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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.

Features
Heating System:
Other (see Remarks)
Cooling System:
Other (see Remarks)
FOUNDATION:
Slab
Parking Facility:
Asphalt/blacktop
Address Map
Country:
US
State:
TN
County:
Shelby
City:
Memphis
Subdivision:
ROBERTSON S/D
Zipcode:
38107
Street:
CHELSEA
Street Number:
750
Street Suffix:
AVE
Floor Number:
0
Longitude:
W91° 58' 3.3''
Latitude:
N35° 9' 56.4''
Directions:
From Danny Thomas Blvd and Chelsea Ave, travel east on Chelsea Ave. Continue to 750 Chelsea Ave. Property will be on the right.
MLS Addon
Agent ID:
13803
Status:
Active
Type:
Flat/garden Units
# of Stories:
2
Multi-Family 1 Bedroom Units:
0
Multi-Family 2 Bedroom Units:
4
Multi-Family 3 Bedroom Units:
0
Lot Size:
55.26/47.1X165.38/192.14

Multi-family For Sale

750 CHELSEA AVE, Memphis, Tennessee 38107

0 Bedrooms
0 Bathrooms
0 Sqft
$399,999
Listing ID #10228773
Basic Details
Property Type :
Multi-family
Listing Type :
For Sale
Listing ID :
10228773
Price :
$399,999
Bedrooms :
0
Bathrooms :
0
Half Bathrooms :
0
Square Footage :
0 Sqft
Year Built :
1965
Lot Area :
0 Sqft
Status :
Active
Days On Market :
1
Contact Agent