11-Unit Multi-Family Opportunity in Berclair Area in Memphis!

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11-Unit Multi-Family Opportunity in Berclair Area in Memphis!

Real Estate Agent · Memphis, TN · Member since 2018 · 428 posts · 220 votes

1645 Wells Station Rd., Memphis, TN 38108

$439,000 2 rooms 1 ba 12318 sqft

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Current Rent

Right in the middle of the booming investor area of Berclair in Memphis is this 11-unit, 2-building multi-family property! Each unit has a similar layout with HUGE 2/1 units, ready to be maximized!

Currently, there are 9 tenants with rents ranging from $479-575/month with an average rent/occupied unit of $529. Rent estimates in the area are around $600-625 with some tenant-side updates, so this is your VALUE-ADD CHANCE here in Memphis.

Contact me for financials and rent roll and let's get this one under contract for you!

Link to MLS listing: http://maar.paragonrels.com/pu...

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