Keller Williams New Beginnings
Sophia Otis Willams , Keller Williams New BeginningsPhone: (769) 218-9557
Email: [email protected]
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listing
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Residential IncomeFor Sale
$945,000
616 N Bayou Avenue
Cleveland, MS 38732
Courtesy of Tom Smith Land & Homes
MLS: MLS United
28Beds
17Baths
13,152Sq Ft
Est. Mortgage
$4,978/mo

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.

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Information courtesy of Tom Smith Land & Homes is subject to verification and is not guaranteed.
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