This fully renovated 6-unit multifamily property is located just minutes south of Downtown Memphis. Each unit is a spacious 2-bedroom, appealing to a strong and stable tenant base. Recent upgrades include a new roof, electrical, plumbing, windows, and flooring. The property generates $5,400 in scheduled monthly rental income. A turnkey asset offering immediate cash flow with upside in a growing submarket.
Listed By
Agency Name: Crye-Leike Commercial
Shown By
Agent Name: Andrew Cottrell
Agent Phone: (270) 589-7045
Agency Title: CRYE-LEIKE Executive Realty
Estimated Payment
$ 3,505.92 per month $3,334.13 Principal & Interest $0.00 Property Tax (data not provided by mls) $171.79 Homeowner's Insurance
957 Wellington Ave | MLS# 10219672
This multi-family property located at 957 Wellington Ave, Memphis, TN 38126 is currently listed for sale with an asking price of $589,000. Search Memphis real estate on acottrell.realestateinbowlinggreen.com today.