20-24 N Belvedere Blvd, Memphis, TN 38104

$1,176,000

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List Price
$1,176,000
Status
ACTIVE
Days on Market
51
MLS#
10223428
Year Built
1920
Lot Size
0
Subdivision
VOEGELI

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.

Additional Information

Exterior Construction
Brick, Wood/Composition
Roof
Pitched, Shingle/Shake
Foundation
Laundry Facility, Slab, Unfinished Basement

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Calculator source: Real Geeks

Listing courtesy of Evernest Too, LLC.

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