Fully occupied and stable apartment building in South City, footsteps from Downtown! Brings in over $6100 gross monthly, 4 tenants with vouchers and room to increase traditional tenants’ leases! All units have central ac and splitters for heat, rear parking lot with alley access, and no major repairs needed! Plenty of development has been completed in the area with more to come. Strong tenant demand being in proximity to multiple universities, medical, entertainment, art and historic districts!
Features
14 bedrooms
5400 sq. ft. floor area
cottageMulti-Family
Property history for 661 St Paul Avenue
2022
Sold
Undisclosed
28 Dec 2022
Happy sellers in Memphis
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Local market activity for 14 bedroom multi families in Memphis
Sold
For Sale
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