616 N Bayou Avenue Cleveland, MS 38732
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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