BEDS12
BATHS
MLS#10231568
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONGRAHAM
NEIGHBORHOODSouth Bluffs-Downtown
Property Description
Income, upside and seller flexibility minutes from Downtown Memphis. This 6-unit features all 2-bedroom units with scheduled rents of $5,400 per month. The seller is currently turning over the tenant base, giving an incoming investor the opportunity to establish a stronger tenant profile, improve operations and position the asset for increased cash flow. To make the transition even more attractive, the seller is open to providing a short term credit for any vacant unit.
Property Features
Property Type: Multi Unit - Multiple
Cooling: 1 Window Unit per Unit
Heating: Central
Roof Type: Composition
Stories: 2.0
Year Built: 1965
Feature Descriptions
Days on Site: 27
Floors/ Ceilings: Wood Laminate Floors
Units: 6
Listed By / Shown By
Listed By
Agency Name: Crye-Leike Commercial
Shown By
Agent Name: Kathryn Garland
Agent Phone: (901) 644-8751
Source: MAAR MLS
Estimate Your Payment
Estimated Payment
$ 1,446.15 per month $1,278.59 Principal & Interest $0.00 Property Tax (data not provided by mls) $167.56 Homeowner's InsuranceChange Payment Information
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957 Wellington St | MLS# 10231568
This multi-family property located at 957 Wellington St, Memphis, TN 38126 is currently listed for sale by Crye-Leike Commercial, with an asking price of $574,500. Search South Bluffs-downtown real estate on www.kathryngarland.com today.