Great Investment Opportunity on 33 units in Berclair. Sale includes buildings at both 1447 and 1448 Wells Station. The property has undegone a management transformation over the last 12 months and with increasing rents and decreasing expenses still provides a value play opportunity for increased return. 32 two bedroom rent for $399-$409. One studio rents for $325. Rents can be and will in creasing. 1447 units have CH/A 1448 has CH and W/U. Onsite laundry as well.
Wonderful opportunity in Midtown Memphis. Great Cash flow. New roof with in last 2 years; All units have central HVAC;Each unit has either stained concrete or tile floors;Potential for rent increases;Meticulously maintained; All units separately metered.Need advanced notice before showing units.
Sold in 2002 for $730k so this is a money maker!!!This is most definitely an investors' dream come true!! Your very On my way! apartment building for a cheap price with 80-90% occupancy!!! Call a local Realtor today to schedule a private showing!!! 50% OWNER FINANCING IS AVAILABLE!
Dormitory style housing. 12 Rooms with shared 6 Kitchens and 6 bathrooms. Furnished rooms with bed, chest, refrigerator. Could easily be converted back to 6 2 bedroom apartments. Will sale as a package deal with 846 and 850 Maury
Renovated 4 plex multifamily (2bdr 1 Bath each unit), near historic central gardens, medical center and mins from downtown Memphis. Excellent investment opportunity. Owner is motivated and will consider all reasonable, serious offers. Pls do not disturb tenants.
Wonderful brick two story duplex. Large 3 BRS 2BAs on each floor. Top unit is vacant now. Updated kitchen w/ large breakfast room. Hardwood floors thru out. Sunroom at front of unit w/ tile floor & 3 walls of windows. Spacious LR & DR. Permanent stairs to the attic. Also has a basement. Upstairs unit has rented for $1200. Tenants left last month. Upstairs has recently been painted. Downstairs tenants take care of yard so have reduced rent. Has rented for $1200. Only showing upstairs for now
Currently a Ladies Dress Shop, the property could be returned to a three home tri-plex. The 3rd Unit is an efficiency apartment which is rented month to month depending on purchaser's plans. The tenant will sign a annual lease. Please follow the pictures for possible room uses.