Robert Redditt Jr.
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1616 Monroe Ave, Memphis, TN 38104

$895,000
  • 1616 Monroe Ave, Memphis, TN 38104 Main Photo

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Featured Listing New to the Market Active
BEDS8 BATHS MLS#10224276
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONINGLESIDE NEIGHBORHOODCentral Gardens

Property Description

This Midtown property consists of 8 one-bedroom units. Each featuring central Hvac, range, refrigerator, and in-unit washer and dryers?amenities that continue to support strong tenant demand and retention. Significant renovations have been completed throughout the property, minimizing near-term capital expenditure requirements for a new owner. The current scheduled income is $6,928 per month providing a steady revenue stream. Please do not disturb residents..Drive by only please

1616 Monroe Ave | MLS# 10224276

This multi-family property located at 1616 Monroe Ave, Memphis, TN 38104 is currently listed for sale by Crye-Leike Commercial, with an asking price of $895,000. Search Central Gardens real estate on robertredditt.crye-leike.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central
Heating: Central
Roof Type: Pitched
Stories: 2.0
Year Built: 1960

Feature Descriptions

Days on Site: 1
Floors/ Ceilings: Tile
Units: 8

Listed By / Shown By

Listed By

Agency Name: Crye-Leike Commercial

agent picture

Shown By

Agent Name: Robert Redditt Jr.
Agent Phone:

Source: MAAR MLS

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Estimated Payment

$ 2,252.92 per month $1,991.88 Principal & Interest $0.00 Property Tax (data not provided by mls) $261.04 Homeowner's Insurance

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