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$ 37,500
Est. payment /mo
New
1021 CHELSEA AVE Memphis, TN 38107
4 Beds
1.1 Baths
8,276 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Active
Purchase Type For Sale
Subdivision Murphy-Re Blk 5
MLS Listing ID 10229135
Style Other (See Remarks)
Bedrooms 4
Full Baths 1
Half Baths 1
Year Built 1900
Annual Tax Amount $583
Lot Size 8,276 Sqft
Property Sub-Type Detached Single Family
Property Description
Huge price drop! Time to let her go! 8 Bedroom Rooming house + extra attic area. Was 4br per listing, but now 8 br. Typical $500/mo per room = $52,000 per year max potential. Running for several years, but needs an overall refresh and TLC from a motivated owner! Ideal for investor seeking higher than normal returns. As a flip and resell, would need much work inside and out.
Location
State TN
County Shelby
Area Harbor Town/Downtown
Rooms
Master Bedroom 10x10
Dining Room 10x10
Kitchen Other (See Remarks)
Interior
Heating Central
Cooling Window Unit(s)
Flooring Other (See REMARKS)
Exterior
Exterior Feature Other (See Remarks)
Parking Features Other (See REMARKS)
Pool None
Private Pool Yes
Building
Lot Description Other (See Remarks)
Story 2
Others
Miscellaneous Other (See REMARKS)
Listed by Jonathan Minerick • homecoin.com





