611 Barnes Ave - Multi-Family FOR SALE


Clarksdale, MS 38614
$319,900 USD
754-251-0201
611 Barnes Ave, Clarksdale, MS for Sale
$319,900 USD
Multi-Family - FOR SALE
1/5
null | 16.84% Cap Rate

611 Barnes Ave
Clarksdale, MS 38614


OVERVIEW

TURNKEY DUPLEXES!!! 4 duplexes, 8 x 3bed/1bath units. 3 of the duplexes were built in 2004. Units easily rent for $800-875+. Separate electric and water meters. Central heat and air. City water and sewer. Washer and dryer hookup in every unit!! 16%+ NET RETURN INVESTMENT!!! Low maintenance rentals. Located in beautiful Clarksdale, the birthplace of the blues. NO DEFERRED MAINTENANCE!!! ROOFS AND HVAC ARE UNDER 5 YEARS OLD!!! Professional management and financing is available.

FOR SALE DETAILS

PRICE

$319,900 USD

PRICE/SF

$43 USD /SF

# OF UNITS

8

PRICE/UNIT

$39,988

CAP RATE

16.84%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

611 Barnes Avenue

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments, Manufactured Housing/Mobile Housing, Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

-

APN/PARCEL ID

401-241070002-0002500

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.