Description
Excellent opportunity to acquire a fully occupied 16-unit duplex community featuring spacious 2-bedroom, 2-bath units of approximately 1,000 square feet each. This investment property has a proven rental history with 100% occupancy and all residents on 12-month leases, providing stable and consistent cash flow. Many of the units have been updated with tile flooring and kitchen cabinets, helping minimize future expenditures while maintaining strong appeal. Whether you're looking to expand an existing portfolio or acquire a turnkey income-producing asset, this property offers immediate returns with significant long-term value. **Tenant occupied. A minimum of 24-hour notice is required for all showings. Tours are available for serious, qualified buyers only.**
Details
| MLS # | 4156838 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1980 |
| Days On Site | 88 |
| Listing Provided By | Sell Your Home Services, LLC. | Daniel Demers |
Features
| Bed(s) | 32 |
|---|---|
| Bath(s) | 32 Total |
| SQ Feet | 18,000 |
| Story(s) | 1 |
| Units | 16 |
| Acreage | 3.10 |
| Water Front | None |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Furnished | No |
| Appliances | Water Heater |
Exterior
| Exterior Features | Lighting |
|---|---|
| Roof | Shingle |
| Construction Materials | Siding |
| Foundation Details | Slab |
| Lot Features | Landscaped |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | On Site |
Utilities
| Utilities | Cable Connected, Electricity Connected, Sewer Connected, Water Connected |
|---|
Taxes
| Property | 2218 |
|---|
Area Information
| State | MS |
|---|---|
| County | Lee |
| City | Verona |
| Zip Code | 38879 |
| Area | Lee |
| Listing VS Median (in 38879) | |
Price: $995,000 low | high Med: $995,000 sqft: 18,000 low | high Med: 18,000 $ / sqft: $55 low | high Med: $55 On site: 88 low | high Med: 88 | |
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Learn More About This Property
| State | MS |
|---|---|
| County | Lee |
| City | Verona |
| Zip Code | 38879 |
| Area | Lee |
| Listing VS Median (in 38879) | |
Price: $995,000 low | high Med: $995,000 sqft: 18,000 low | high Med: 18,000 $ / sqft: $55 low | high Med: $55 On site: 88 low | high Med: 88 | |