20-24 N Belvedere Blvd, Memphis, TN 38104
- $1,176,000
- List Price
- $1,176,000
- MLS#
- 10223428
- Property Type
- Multifamily
- Lot Size
- 0
- Status
- ACTIVE
Property Description
Mid-Term Rental Investment Opportunity – 20-24 N. Belvedere Blvd, Memphis, TN 38104 Turnkey cash-flowing asset in the heart of Midtown Memphis! This 12-unit multifamily property is currently operating as a successful mid-term rental portfolio, generating an impressive $12,000–$14,000 per month in rental revenue. The property offers a mix of furnished units and is ideally positioned near Memphis' major medical facilities, making it highly attractive to traveling nurses, healthcare professionals, corporate travelers, and extended-stay guests! Location is a major advantage. Situated in one of Memphis' most walkable neighborhoods, residents and guests enjoy convenient access to local dining, coffee shops, entertainment, and everyday necessities. Popular Midtown destinations such as I Love Pho ? & Dumplings-Midtown Location, FLAME RAMEN, Just Love Coffee & Cafe - Memphis, Sekisui, and Casablanca are just minutes away for your guests.
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Additional Information
- Annual City Tax
- 7564
- Annual County Tax
- 7884
- Construction
- Brick, Wood/Composition
- Foundation
- Laundry Facility, Slab, Unfinished Basement
- Hot Water
- Gas, Public Sewer
- Legal Subdivision
- Voegeli
- Lot Size
- 0
- New Financing
- Cash Only, Conventional, Other (Call LA)
- Parking Facility
- 1 Per Unit, Asphalt/Blacktop
- Roof
- Pitched, Shingle/Shake
- Subdivision
- VOEGELI
- Subtype
- Apartment Complex
- Tenant Pays
- Other (Call LA)
- Year Built
- 1920
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Listing courtesy of Evernest Too, LLC.
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