Active
774 MELROSE ST
Memphis TN, 38104
$1,750,000
Active
24 Beds
Multi-family
Built in 1956
Great Investment opportunity with 24 one bedroom units 100% occupied. This property has many recent upgrades including new roof, exterior painting and more. Leco Realty has professionally managed property for several years. Annual cash flow numbers /rent rolls available upon request. Laundry facilities on site for additional income. Please do not disturb or contact any tenants. Make any offer subject to inspections. Property is being sold "as is". Property sold subject to tenants rights.
10167542
MLSⓇ ID
March 9, 2024
Listed
April 19, 2024
Updated
Map
774 MELROSE ST
Memphis TN, 38104
Interior Features
Bedrooms
24 Beds
Interior Features
Partial Carpet
Laundry Description
Common Laundry
Fireplace
No
Cooling
Yes
Cooling Description
Other (See Remarks)
Heating
Yes
Heating Description
Gas
Exterior/Building Features
Roof
Composition
School Information
School District
RU-4
Other Property Details
Area Name
Central Gardens
Days on Market
41
Garage
No
Parking
Asphalt/Blacktop
View
No
County
Shelby
Pool
No
Zoning
RU-4
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
|---|---|---|
4/19/2024 | Price Change | $1,750,000 -12% |
Listed by Lowell Brister with Leco Realty, Inc.
Listing Contact: 901-508-4737
The IDX display contains information sourced from the Memphis Area Association of REALTORS® as of 4/19/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 4/19/2024 at 5:10 PM UTC