Description
Not many opportunities come along with established rental property perfect for the investor looking for real estate at a great cap rate. Approximately $11,500 income per month. Nine (9) individual units that stay rented. All of the units are 2 bedroom, 1 bath with spacious yards. Property is 11.50 total acres so plenty of room to consider adding more units if approval is given by Lafayette County Planning Department. Seller pays insurance, lawn maintenance, general maintenance and property taxes. Tenants pay all utilities. Property being sold in "As Is" Condition. Waiting on a new owner.
-
0BEDS
-
11.5ACRES
-
0BATHS
-
01/2 BATHS
-
7,942SQFT
-
$220$/SQFT
Description
Not many opportunities come along with established rental property perfect for the investor looking for real estate at a great cap rate. Approximately $11,500 income per month. Nine (9) individual units that stay rented. All of the units are 2 bedroom, 1 bath with spacious yards. Property is 11.50 total acres so plenty of room to consider adding more units if approval is given by Lafayette County Planning Department. Seller pays insurance, lawn maintenance, general maintenance and property taxes. Tenants pay all utilities. Property being sold in "As Is" Condition. Waiting on a new owner.
© 2025 North Central Mississippi Board of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or John Welty Realty. Data last updated: 2025-11-13T17:55:41.83