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About This Home
This 0-bedroom, 0-bathroom multi-family at 957 WELLINGTON Ave in Memphis, TN is listed for $589,000 ($140 per sqft). Built in 1965, the home offers 4,212 sqft of living space on a N/A lot.
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.
Key Features
- Built in 1965
Property Details
Monthly Cost Estimate
$3,150/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
957 WELLINGTON Ave
Memphis, TN 38126
GRAHAM
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 957 WELLINGTON Ave is listed at $589,000 ($140/sqft). The estimated monthly payment is $2,552 based on 20% down at 6.5% interest.
Key features include: Built in 1965.
This property is listed by Jeffrey Moore and can be reached at 9012770477 or jeff.moore@crye-leike.com.
