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$589,000
Est. payment /mo
4,212 SqFt
Active
957 WELLINGTON AVE Memphis, TN 38126
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Key Details
Property Type Multi-Family, Condo
Sub Type Apartment Building
Listing Status Active
Purchase Type For Sale
Square Footage 4,212 sqft
Price per Sqft $139
Subdivision Graham
MLS Listing ID 10219672
Year Built 1965
Annual Tax Amount $7,740
Property Sub-Type Apartment Building
Property Description
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.
Location
State TN
County Shelby
Area South Bluffs/Downtown
Interior
Heating Wall Heat
Cooling 1 Window Unit per Unit
Flooring Vinyl Floor
Laundry Connections
Exterior
Parking Features Asphalt/Blacktop
Roof Type Shingle/Shake
Building
Story 2
Foundation Slab
Water Electrical
Listed by Jeffrey B Moore • Crye-Leike Commercial
NEARBY SCHOOL & BUSINESS
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