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957 Wellington St, Memphis, TN 38126

$574,500
  • 957 Wellington St, Memphis, TN 38126 Main Photo

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Featured Listing Active
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.

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 online.fusion2b.com today.

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: 10
Floors/ Ceilings: Wood Laminate Floors
Units: 6

Listed By / Shown By

agent picture

Listed By

Agency Name: Crye-Leike Commercial
Agent Name: Jeffrey Moore
Agency Phone: (901) 277-0477

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 Insurance

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