Residential Income in Memphis

$215,000

259 MARYLAND, 38126, Memphis, TN

Residential Income for sale in Memphis, 259 MARYLAND, 38126, 1560 m²

259 MARYLAND, 38126, Memphis, TN

$215,000

1560m²
Type: Residential Income

Description

Great investment opportunity to own an updated fourplex with **immediate rental income and additional cash flow potential!** This multifamily property features a newer roof, updated flooring, tile, kitchens, and bathrooms. Two units are currently occupied, generating **$1, 275 per month ($15, 300 annually)** in gross rental income. The two vacant units present an opportunity to increase rental revenue through additional leasing, potentially strengthening the property's overall cash flow. Ideal for investors looking to expand their portfolios with an income-producing property that offers existing rental income, value-added potential, and room for future growth.

Agent Information

Location

259 MARYLAND, 38126, Memphis, TN

Data

Object TypeResidential Income
Purchase Price$215,000
Living Space1560 m²
Plot SizeN/A
BathroomsN/A
Construction Year1958
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeOther (See Remarks)
Primary Energy SourceN/A
Construction Year1958
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

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