Robert Farris
REALTOR®, ABR, BPOR, CPPS, CRS, MMDC, NAR, SFR, Vice-President
BEDS5
BATHS
MLS#10215994
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONCOURTLAND PLACE
NEIGHBORHOODCentral Gardens
Property Description
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!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central,2+ Window Units per Unit
Heating: Central
Roof Type: Composition, Pitched
Stories: 2.5
Year Built: 1910
Feature Descriptions
Days on Site: 70
Floors/ Ceilings: Hardwood Throughout, Tile, Vinyl Floor, Dry Wall
Units: 3
Listed By / Shown By
Listed By
Agency Name: eXp Realty, LLC
Shown By
Agent Name: Robert Farris
Agent Phone: (901) 550-1103
Agency Title: Crye-Leike Real Estate Services
Source: MAAR MLS
Estimate Your Payment
Estimated Payment
$ 938.93 per month $830.14 Principal & Interest $0.00 Property Tax (data not provided by mls) $108.79 Homeowner's InsuranceChange Payment Information
Robert Farris
Cell: (901) 550-1103
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1531 Court Ave | MLS# 10215994
This multi-family property located at 1531 Court Ave, Memphis, TN 38104 is currently listed for sale with an asking price of $373,000. Search Central Gardens real estate on robertfarris.crye-leike.com today.