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.

• General Features
  • Association No
  • Community Of N/A
  • County Bolivar
  • New Construction No
  • Subdivision Carpenters
  • Tax Annual Amount $16,974
  • Tax Year 2023
• Building Features
  • Bedrooms 28
  • Bathrooms 17.00
  • Half Bathrooms 0
  • Full Bathrooms 17
  • Approx H/C Sq Ft 13152.00
  • Water Source Public
  • Utilities Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Total Floors 2
  • Sewer Public Sewer
  • Three-Qtr Bathrooms 0
  • Roof Asphalt, Asphalt Shingle
  • Levels Two
  • Heating Central, Electric
  • Furnished1 No
  • Foundation Details Slab
  • Cooling Central Air
  • Exterior Construction Siding Siding
  • Year Built 1991
  • Waterfront Features: Waterfront No
• Property Features
  • Lot Size Acres 0.92
  • Additional Type Details Apartment Complex