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.
Andrea D. Conner, License 22561, Xome Inc., License 21183, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
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Cleveland is located in Mississippi. Cleveland, Mississippi has a population of 11,285. Cleveland is less family-centric than the surrounding county with 14.81% of the households containing married families with children. The county average for households married with children is 18.61%.
The median household income in Cleveland, Mississippi is $37,757. The median household income for the surrounding county is $33,729 compared to the national median of $69,021. The median age of people living in Cleveland is 33.8 years.
The average high temperature in July is 92.2 degrees, with an average low temperature in January of 32 degrees. The average rainfall is approximately 53.5 inches per year, with 0.6 inches of snow per year.
