736 Richmond Ave, Memphis, TN, 38106

USD 320,000
For Sale

Property Details

Bedrooms

12

Property Type

Multi-Family

Description

Property Details: • Type: Multi-Family • Bedrooms: 12 • Bathrooms: 0 • Square Feet: [object Object]

Description: Investor opportunity! Six unit multifamily property consisting of 6 2bed/1bath units with approximately 3,888 total square feet. Each unit has individual utilities, helping reduce owner expenses. Six units offer upside: 4 are currently under rented & 2 are vacant. There is immediate value add and potential to boost cash flow! Units #1, #3, and #5 have been renovated, adding to the property’s appeal and rental potential. Unit #5 is rent ready, while Unit #2 was recently vacated and freshly painted. Unit #4 was renovated about two years ago and remains in good condition. Unit #6 has a long term tenant. Four units are equipped with gas wall heaters and two units feature newer hard

Location

Address

736 Richmond Ave, Memphis, TN, 38106

City

Memphis

Features and Finishes

Year Built: 1965; [object Object]; [object Object]

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