616 N BAYOU AVE
CLEVELAND, MS 38732

$895,000

34 Beds

18 Baths

13,121 Sq Ft

Status Active

MLS# 4056528

14 UNIT APARTMENT COMPLEX FOR SALE!This property has been updated within the last 12 months. The property also includes 618 & 620 North Bayou ( Duplex)The properties were built in the following years: 1951 , 1955, 1991, & 199213,121 Leasable Square Footage4 Units are 4 bedrooms and 2 baths8 Units are 2 bedrooms and 1 bath2 Units are 1 bedroom and 1 bathAll tenants have passed a back ground and credit check through Muddy Waters Property Management GroupExterior was repainted in 2022New Roof was installed on Duplex in 2022Annual Gross Income $115,440Fully Occupied the properties annual rental income is $126,528Please call today for your Private ShowingBank Letter will be required before showing can be scheduled.

Details for 616 N BAYOU AVE

Built in 1955

$68 / Sq Ft

20 parking spaces

Central Air

Central

273 Days on website

0.92 acres lot

Interior

Appliances

Bathrooms Full

Bathrooms Total

Bedrooms Total

Flooring

Interior Features

Living Area

13,121 SqFt.

Hoa Features

Association Fee Includes

Building And Construction

Number Of Units Total

Property Sub Type

Multi Family

Property Type

Residential Income

Year Built

1955

Exterior And Lot

Exterior Features

Balcony

Lot Size Acres

0.92

Lot Size Square Feet

40075.2

Lot Size Units

Square Feet

Parking Features

Parking Total

Utilities

Cooling

Central Air

Heating

Central

Area And Schools

City

Cleveland

County Or Parish

Bolivar

High School

Cleveland

School District

Cleveland Dist

Subdivision Name

Metes And Bounds

Financial Info

Buyer Agency Compensation^*

2.5%

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$16,492.00

Tax Year

2022