The story
Unit UNIT 12 at 108 North Belvedere Boulevard is a 2-bedroom, 1-bathroom, single-level condo in Memphis, TN with 890 sq ft of living space, built in 1963. It is currently listed at $72,500.
Move in ready! Can be sold furnished! This FULLY RENOVATED condo is currently a medium term rental (MTR) generating approx. $1500 per month and is now ready for new tenants or an owner-occupant! ALL appliances stay! Refrigerator included ~ Gas cooking ~ combo washer/dryer ~ dishwasher. Monthly maintenance is $162 and includes some utilities. INVESTORS: This unit can be sold as a package with: 105 N Belvedere #6, a vacant 2 bedroom unit with in-unit laundry listed for $52,500; 108 N Belvedere #22, Professionally Managed & rented for $975/mo through 6/30/2027 asking $72,500; 45 N Belvedere #108 for $32,500 w/ tenant on a month-to-month lease paying $550 per month; 108 N Belvedere Blvd #18 for $72,500, a MTR generating approx $1500/mo. & furnished. Monthly maintenance on each = $162.