Do Real Estate on the Go!
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Do Real Estate on the Go!
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$449,999
-- Bed
- -- Bath
3,402sqft
1825 Castalia St, Memphis, TN 38114
$449,999
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Apartment
Built in 1958
$-- HOA
-- sqft lot
$132/sq.ft
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 de...
Continue ReadingProperty Details
Status
Active
Type
Condominium
No. of Stories
-
County
City
Neighborhood
Year Built
1958
HOA Fees
-
Finished Area
3,402 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Memphis MLS (MAARMLS)
MLS Number
10217470
MLS Status
Active
Days on Market
75
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