2525 Rozelle St, Memphis, TN 38114

$199,900
3
BD
1.1
BA

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List Price
$199,900
MLS#
10232549
Property Type
Multifamily
Bedrooms
3
Bathrooms
1.1
Lot Size
76X272
Status
ACTIVE

Property Description

Income-producing duplex with upside at 2525 Rozelle! Each side offers 3 bedrooms and 1.5 baths, with central heat and air in both units. One side is fully leased at $1,100/month, and the vacant side is being actively marketed at the same rent, putting projected gross income at $2,200/month ($26,400/year) once stabilized. A solid fit for investors looking to add a cash-flowing, low-maintenance asset to their portfolio, or for an owner-occupant who wants to live in one side and let the other help cover the mortgage. Motivated seller. Bring your offers!

Additional Information

Annual City Tax
2075
Annual County Tax
2163
Cooling
Central Cooling
Foundation
Slab
Heating
Central
Hot Water
Other (See REMARKS)
Legal Subdivision
Alcy Hills Sec A First Addn
Lot Description
Level
Lot Size
76X272
New Financing
Conventional, FHA, VA
Parking
Driveway/Pad
Roof
Composition Shingles
Stories
2
Style
Traditional
Subdivision
ALCY HILLS SEC A FIRST ADDN
Subtype
Built as Duplex
Tenant Pays
All Utilities
Year Built
2005

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Listing courtesy of Renshaw Company, REALTORS.

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