$390,000
$400,000
2.5%For more information regarding the value of a property, please contact us for a free consultation.
750 CHELSEA DR Memphis, TN 38107
Key Details
Sold Price $390,000
Property Type Multi-Family
Sub Type Apartment Complex
Listing Status Sold
Purchase Type For Sale
Subdivision Robertson S/D
MLS Listing ID 10191595
Sold Date 06/18/25
Year Built 1965
Annual Tax Amount $1,929
Property Sub-Type Apartment Complex
Property Description
Easy access to local shops, restaurants, and major highways. Enjoy the convenience of being just minutes away from downtown Memphis while having a quiet and serene place to call home. Additional amenities include on-site laundry facilities, gated parking This 4 unit building is located just east of Booming Downtown Memphis and just minutes from the Bass Pro Pyramid Development Project. The unit are all 2 bedroom. The scheduled monthly rents are 1000-1400 per month per unit. G. 3525 (3 units rented) possible 4700 at current rents U. Owner pays water ( avg $35mo) Renters pay lights, gas and trash N. 1325 (75% occupied) A. 400K M. Grass and leaves $30 M. Self management O. 75% occupied
Location
State TN
County Shelby
Area Harbor Town/Downtown
Interior
Heating Central
Cooling Central
Flooring Wood Laminate Floors, Dry Wall, 8 Feet
Laundry Connections, Dryer in Unit, Equipment Owned, Washer in Unit
Exterior
Parking Features Asphalt/Blacktop, Enclosed, More Than 1 Per Unit
Roof Type Flat,Slate
Building
Story 2
Foundation Slab
Water Electrical
Others
Acceptable Financing Cash
Listing Terms Cash
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Bought with Stephanie D Bobo • Crye-Leike, Inc., REALTORS