Property Description
Fully occupied and stable apartment building in South City, footsteps from Downtown! Brings in over $6100 gross monthly, 4 tenants with vouchers and room to increase traditional tenants’ leases! All units have central ac and splitters for heat, rear parking lot with alley access, and no major repairs needed! Plenty of development has been completed in the area with more to come. Strong tenant demand being in proximity to multiple universities, medical, entertainment, art and historic districts!
Features
: Wall Heat, Electrical, Baseboard
: Central, Electrial
: Slab
: Concrete, Attached
Address Map
US
TN
Shelby
Memphis
LUCY A TATE
38126
ST PAUL
661
AVE
0
W91° 57' 37.8''
N35° 7' 52.5''
From Downtown, take I-40 to Danny Thomas exit heading South, turn left onto St. Paul, follow until crossing S Orleans St and buildings to the right.
MLS Addon
15094
Active
: Apartment Building
2
0
7
0
70X160
Multi-family For Sale
661 ST PAUL AVE, Memphis, Tennessee 38126
0 Bedrooms
0 Bathrooms
0 Sqft
$579,000
Listing ID #10220613
Basic Details
Property Type : Multi-family
Listing Type : For Sale
Listing ID : 10220613
Price : $579,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 0 Sqft
Year Built : 1966
Lot Area : 0 Acre
Status : Active
Days On Market : 1

