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177 S BELVEDERE BLVD Memphis, TN 38104
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Key Details
Sold Price $559,000
Property Type Multi-Family
Sub Type Other (See REMARKS)
Listing Status Sold
Purchase Type For Sale
Square Footage 3,599 sqft
Price per Sqft $155
Subdivision Graves J R
MLS Listing ID 10184577
Sold Date 01/17/25
Style Other (See REMARKS),Traditional
Bedrooms 6
Full Baths 4
Half Baths 1
Year Built 1917
Annual Tax Amount $7,030
Property Sub-Type Other (See REMARKS)
Property Description
Discover an incredible investment opportunity in this unique duplex, expertly converted into a quadplex. Each unit is being sold furnished and offers an inviting atmosphere for future residents. Every floor plan is slightly different- one studio, one 1/1, one 2/1, and one 2/1.5. The full basement provides additional storage for all. Multiple units are currently being used as an Airbnb. Property was recently at 100% occupancy with previous combined rents totaled $6750 per month. Situated in Central Gardens, this quad is designed for steady income and low vacancy rates. This building underwent extensive renovations in 2018 featuring updates that include refinished hardwoods, updated kitchens and baths, updated electric and plumbing and a brand new driveway. Additional parking available in the rear. Earnest money payable to and held by Shelley Rothman, GCEM. Email all offers to BOTH listing agents. Advanced notice required on all showings.
Location
State TN
County Shelby
Area Central Gardens
Rooms
Dining Room 13x12
Interior
Interior Features All Window Treatments, Cable Wired, Cable Available
Heating Central, House Systems, Other (See Remarks)
Cooling Central Cooling, House Cooling, Other (See Remarks)
Flooring Hardwood Throughout, Tile, 9 or more Ft. Ceiling, Other (See REMARKS)
Fireplaces Number 1
Equipment Dishwasher, Microwave, Range/Oven (Built-In), Range/Oven (Freestanding), Refrigerator
Exterior
Exterior Feature Brick Veneer, Wood/Composition
Parking Features Driveway/Pad
Pool None
Roof Type Composition Shingles
Building
Lot Description Landscaped, Level, Some Trees
Story 2
Foundation Walk-Out Basement
Water House System, Individual System, Other (See REMARKS)
Others
Acceptable Financing Other
Listing Terms Other
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Bought with Linda W Bell • KAIZEN Realty, LLC