Description
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.
Details
| MLS # | 4158305 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1957 |
| Days On Site | 22 |
| Listing Provided By | eXp Realty | Kimm Hackett |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,012 |
| Story(s) | 1 |
| Acreage | 0.21 |
| Water Front | None |
Interior
| Rooms Total | 0 |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Ceiling Fan(s), Central Air |
| Heating Yes / No | Yes |
| Heating | Central |
| Interior Features | Ceiling Fan(s) |
| Window Features | Wood Frames |
| Appliances | Microwave, Oven, Water Heater, None |
Exterior
| Exterior Features | None |
|---|---|
| Roof | Asphalt Shingle |
| Security Features | 24 Hour Security |
| Construction Materials | Cement Siding |
| Foundation Details | Conventional |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Paved |
Utilities
| Utilities | Sewer Connected, Water Available |
|---|
Taxes
| Property | 446 |
|---|
Area Information
| State | MS |
|---|---|
| County | Hinds |
| City | Jackson |
| Zip Code | 39213 |
| Area | Hinds |
| Community Name | Bailey Station |
| School District | Jackson Public |
| Elementary School | Jackson |
| High School | Jackson |
| Listing VS Median (in Bailey Station) | |
Price: $89,000 low | high Med: $230,000 sqft: 1,012 low | high Med: 1,292 $ / sqft: $88 low | high Med: $178 On site: 22 low | high Med: 93 | |
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Learn More About This Property
| State | MS |
|---|---|
| County | Hinds |
| City | Jackson |
| Zip Code | 39213 |
| Area | Hinds |
| Community Name | Bailey Station |
| School District | Jackson Public |
| Elementary School | Jackson |
| High School | Jackson |
| Listing VS Median (in Bailey Station) | |
Price: $89,000 low | high Med: $230,000 sqft: 1,012 low | high Med: 1,292 $ / sqft: $88 low | high Med: $178 On site: 22 low | high Med: 93 | |
