Very solid multi-family investment opportunity in 38104! This property is currently configured & operating as a triplex, though it is zoned as a duplex, presenting a unique opportunity for investors. The 1st unit features 2 beds/2 baths, the 2nd unit offers 2 beds/1 bath, and the 3rd unit includes 1 bed/1 bath. The property is presently being utilized as a short-term rental, generating strong income potential. With multiple unit income streams & excellent revenue upside, this is a rare opportunity to acquire a high-performing investment property in the heart of Memphis. Opportunities like this don't come around often-don't miss your chance to secure a true cash-flowing asset. STR TENANT OCCUPIED, DO NOT DISTURB TENANTS. Drive by ONLY! No showings without an accepted contract. Make offers contingent on inspection. Don't miss this opportunity for a turnkey cashflow heavy multi-family property! Contact a local realtor and make your offer today! Furniture WILL NOT convey with the sale.
| MLS # | 10215994 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 198 |
| Listing Provided By | eXp Realty, LLC | Jordan Ray |
| Story(s) | 2 |
|---|---|
| Units | 3 |
| Building(s) | 1 |
| Appliances Or Equipment | Cooktop/Wall Oven, Disposal, Exhaust Fan/Vent Hood, Microwave, Range/Oven (Freestanding), Refrigerator, Smoke Detector(s) |
|---|
| Roof | Composition, Pitched |
|---|---|
| Construction | Vinyl Siding |
| Foundation | Conventional/Crawl Space, Partial Basement |
| Parking Facility | Gravel |
|---|
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38104 |
| Area | Central Gardens |
| Subarea | 746B |
| Community Name | COURTLAND PLACE |
| Listing VS Median (in COURTLAND PLACE) | |
Price: $360,000 low | high Med: $0 On site: 198 low | high Med: | |
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38104 |
| Area | Central Gardens |
| Subarea | 746B |
| Community Name | COURTLAND PLACE |
| Listing VS Median (in COURTLAND PLACE) | |
Price: $360,000 low | high Med: $0 On site: 198 low | high Med: | |
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