$945,000
Active
58 Days Online
28 Beds17 Baths13,152 SQFT
Active

616 N Bayou Avenue Cleveland, MS 38732

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This investment opportunity includes 14 residential rental units on a 0.92+/- acre lot, featuring four triplexes and a duplex. There is also an additional pad site ready for development. The property has a potential income of $11, 000 monthly or $132, 000 annually. Located near the Cleveland Country Club, Delta State University, and Downtown Cleveland, it offers convenience and appeal for tenants. Annual Expenses: Taxes: $16, 974 Water: $6, 000 Garbage: $3, 132 Common Area Maintenance: $3, 000 Insurance: $6, 720 4 Units are 4 Bed, 2 Bath 8 Units are 2 Bed, 1 Bath The Duplex is 1 Bed, 1 Bath on each side Call today to discuss the investment potential and to schedule your private showing.

  • Property TypeMulti-Family
  • NeighborhoodCarpenters
  • CountyBolivar
  • Taxes$16,974
  • HOA/Condo/Coop Fees$0
  • Days on Site58 Days
  • MLS StatusActive
  • MLS ID Number4089025
  • Home Size Source N/A
  • Year Built1991
  • Lot Size0.92 Acres
  • Full Baths17
  • Partial BathsN/A

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