500 Avery StCleveland, MS 38732

Property Details for 500 Avery St

Lot size

0.12 AC

Property size (Sq ft)

1,320 SF

Property type

Retail properties

Property subtype

Apartment buildings

Description

This charming two-unit apartment building in Cleveland, Mississippi presents a fantastic investment opportunity. Located at 500 Avery Street, this property boasts a total of 1,320 square feet situated on a 0.12-acre lot. The building comprises two identical one-bedroom, one-bathroom units, each currently renting for $700 per month, generating a combined monthly income of $1,400. Both units feature attractive hardwood floors. The property is classified as both retail and multifamily, offering versatility and potential for future development. The asking price is $132,000, making this a compelling proposition for investors seeking a strong return on investment in a stable market. The property's location in Bolivar County, Mississippi, provides easy access to local amenities and services. This duplex represents a turnkey investment, ideal for adding to an existing portfolio or for first-time investors seeking a profitable rental property. The property's strong rental history and attractive features make it a highly desirable investment opportunity. Serious inquiries are encouraged.

Location Insight

City

Cleveland

County

Bolivar

State

Mississippi

Latitude

33.7366

Longitude

-90.7274

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