This charming 3-bedroom, 1.5-bath home is a rare investor opportunity with immediate cash flow and room to grow. Two long-term tenants currently occupy the property, generating $1,100/month combined ($600 for the master, in place 3 years; $500 for the second bedroom, in place 1 year). Both wish to stay on. Rent rolls available upon request. The third bedroom is now vacant and previously rented for $600/month for seven years, bringing total income potential to $1,700/month - a strong return with minimal turnover risk. Owned by a meticulous, pride-of-ownership investor, the home has been consistently well maintained. It's an ideal add to a rental portfolio or a great entry point for a first-time buyer. Don't miss this one - reliable tenants, upside potential, and a well-kept property all in one package.
Listed By
Agency Name: eXp Realty
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 261.20 per month $198.08 Principal & Interest $37.17 Property Tax $25.96 Homeowner's InsuranceCrye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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3632 Bailey Avenue | MLS# 4158305
This single family home located at 3632 Bailey Avenue, Jackson, MS 39213 is currently listed for sale with an asking price of $89,000. This property was built in 1957 and has 3 bedrooms and 1 full and 1 partial baths with 1012 sq. ft. Bailey Avenue is located in the Bailey Station subdivision. Search Bailey Station real estate on www.clhomes.com today.