200 King St, Batesville, MS

Name: 200 King St, For Sale in Batesville - eXp Commercial Brokerage
Brand: Williams Realty
SKU: 4119774
Price: 72500 CAD

House

For Sale

$--,---,---

212

Key Facts
Description
Map

Key Facts

Type Single Family Residence

Levels Residential

Size 910 sqft

Garage No

Taxes $666

Days Active 12

Lot Size

Approx. Age 1950

Avg. Price Per Sqft $79

MLS® Number 4119774

Property Address:

Average square foot calculated using Size range provided by listing agent.

Description

Investor Special: Prime Multi-Property Package with $4, 040+ Monthly Rental IncomeLocation: Batesville, MSPrice: $275, 000 for 4 occupied housesInvestor Special: Prime Multi-Property Package with potential of $4, 000+ Monthly Rental IncomeLocation: Batesville, MSPrice: $275, 000 total for 4 houses; prefer to sell as packageAn exceptional investment opportunity awaits with this well-established portfolio of four homes in Batesville, MS. These properties are 75% occupied, generating a solid $2, 800 in monthly rental income, with additional potential for increased returns up to $4, 000 monthly. Located just 3 miles from the recently expanded Northwest Community College Concourse, as well as the new shopping mall and dining developments, these homes offer both strong current income and future growth potential.Key Features:4 Homes Total: All homes located close to one another, streamlining property management.$2, 800+ Monthly Rental Income: With 75% occupancy, this package provides immediate cash flow.Recent Renovations: 3 of the 4 homes have been beautifully remodeled, reducing immediate maintenance costs and boosting tenant appeal and decreasing vacancy rates.Additional Income Potential: Upside for future rent increases or property improvements.Local Property Management: With in-place, reliable management, the properties are well-maintained and ready for a hands-off investor.This investment offers stability with long-term leases in place and the added benefit of lease transferability. Leases can be transferred to new ownership, ensuring a smooth transition and uninterrupted rental income. Don't miss out on this profitable opportunity in a growing area. Whether you're a seasoned investor or new to rental properties, this is a great addition to your portfolio.Show Description

MLS® Number4119774

Laundry Level

Central VacNo

FireplaceNo

Acreage0.14

ExteriorNone

GarageNo

Approx. Age1950

Basement

DrivewayDirt Drive, Gravel Drive

Garage Spaces

HeatElectric

A/CWall/Window Unit(s)

Heating Fuel

Extras

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