750 Chelsea Dr, Memphis, TN 38107
- $380,000
- Sold Price
- $380,000
- List Price
- $400,000
- Closing Date
- Jun 18, 2025
- MLS#
- 10191595
- Property Type
- Multifamily
- Lot Size
- 55.26/47.1X165.38/192.14
- Status
- CLOSED
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
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Additional Information
- Actual Annual Rent
- 48000
- Annual City Tax
- 936
- Annual County Tax
- 993
- Annual Insurance Expense
- 1998
- Construction
- Brick
- Foundation
- Slab
- Hot Water
- Electrical
- Legal Subdivision
- Robertson S/D
- Lot
- S W PT 1
- Lot Size
- 55.26/47.1X165.38/192.14
- New Financing
- Conventional, FHA/VA
- Occupancy
- 100
- Parking Facility
- Asphalt/Blacktop, Enclosed, More Than 1 Per Unit
- Roof
- Flat, Slate
- Stories
- 2
- Subdivision
- ROBERTSON
- Subtype
- Apartment Complex
- Tenant Pays
- Cable TV, Cooling, Electric, Gas, Heating, Other (Call LA), Parking Fee, Security Deposit, Some Utilities, Trash Collection, Water/Sewer
- Year Built
- 1965
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Listing courtesy of Crye-Leike, Inc., REALTORS. Selling Office: Real Estate Agency.
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