110 57th Ave - Apartments FOR SALE


Meridian, MS 39307
$64,900 USD
754-251-0201
110 57th Ave, Meridian, MS for Sale
$64,900 USD
Apartments - FOR SALE
1/5
null | 19.18% Cap Rate

110 57th Ave
Meridian, MS 39307


OVERVIEW

CASH COW!!! Cheap duplex. Each unit is 2bed/1bath. Decent condition. Low maintenance. Seperate electric meters. Minor cosmetic repairs are needed. Units will rent at $850 each side. PROPERTY WILL GENERATE an 19%+ NET RETURN!!! $40k IN VALUE ADD!!!! Meridian, MS is home to the Naval Air Station and has strong rental demand. Do not miss out on this amazing opportunity!!!

FOR SALE DETAILS

PRICE

$64,900 USD

PRICE/SF

$35 USD /SF

# OF UNITS

2

PRICE/UNIT

$32,450

CAP RATE

19.18%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

110 57th Ave

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments, Manufactured Housing/Mobile Housing, Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1942

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

-

APN/PARCEL ID

076-14-4-3130-005-02100

ASK ABOUT THIS PROPERTY

Eli AhmadovLOYD RealtyMore Info
754-251-0201

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Eli AhmadovLOYD RealtyMore Info
754-251-0201

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.