Average square foot calculated using Size range provided by listing agent.
Description
Value-Add Triplex Investment Opportunity Near Crosstown Concourse Located just blocks from the vibrant Crosstown Concourse, this 3-unit triplex offers the perfect blend of historic charm and value-add potential in the heart of 38104. Built in 1919 and spanning 2, 667 sq ft, each unit features a 1 bed / 1 bath layout, ideal for long-term tenants or short-term rental strategies. The property is in livable condition and ready for immediate occupancy or renovations to significantly increase value. With several renovated and newly developed properties within a half-mile radius, the surrounding neighborhood is on a strong upward trend. ARV: $300, 000(conservatively) This is a rare opportunity to acquire a classic Midtown Memphis triplex at a steep discount with plenty of upside potential. Whether you're a buy-and-hold investor or looking for your next flip, this property checks all the boxes.Show Description