226 E ALSTON Ave
Property Description
Investment Opportunity! Fourplex in progress near downtown Memphis, conveniently located near the VA office. This approximately 3,055-square-foot property is designed for four 2-bedroom, 1-bath units, offering potential for multiple rental income streams. Seller reports approximately 80% framing completion, roof structure in place with shingles remaining, and plumbing rough-in and top-out completed and passed. Architectural plans are available for an additional $2,500. Seller also reports approval for a $20,000 DMC grant, subject to buyer verification of availability, eligibility, and terms. Seller estimates a potential finished value near $400,000. Buyer to independently verify square footage, unit configuration, permits, inspections, grant eligibility, projected value, and remaining construction costs. Property sold strictly as-is. Bring your vision and unlock the potential of this multifamily investment! No wholesalers, no assignments, no creative financing.
Broker Details
Berkshire Hathaway HomeServices Taliesyn Realty (901) 466-4000
MLS ID: 26917
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $185,000 |
| Year Built: | 1930 |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-MAARTN-10232440
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