1825 Castalia St, Memphis, TN, 38114

USD 449,999
For Sale

Property Details

Bedrooms

7

Property Type

Multi-Family

Description

Property Details: • Type: Multi-Family • Bedrooms: 7 • Bathrooms: 0 • Square Feet: [object Object]

Description: New to the market! This turnkey and fully occupied 7-unit apartment complex is a great addition to a Memphis portfolio or an excellent opportunity for an investor entering the market. Six of the seven units have been renovated within the last two years. All units are currently under long-term leases with a total monthly rent of $4,524 (meeting the 1% rule). Each unit includes air conditioning (Central AC or PTAC units). The property is conveniently located near major distribution centers and directly across from the Kellogg’s facility, with easy access to major employment hubs. It is also approximately 15 minutes from Memphis International Airport, providing strong rental demand poten

Location

Address

1825 Castalia St, Memphis, TN, 38114

City

Memphis

Features and Finishes

Year Built: 1958; [object Object]; [object Object]; [object Object]

Legal Notice

This website uses cookies to ensure you get the best experience. Learn more