202 Fisher Street Active

Batesville,MS 38606

$ 75000

3 Beds

1 Bath

785 SqFt


Key Details

Property Type Single Family Home, Multi-Family, Vacant Land

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 785 sqft

Price per Sqft $95

Subdivision Metes And Bounds

MLS Listing ID 4119771

Style Traditional

Bedrooms 3

Full Baths 1

Year Built 1965

Annual Tax Amount $714

Lot Size 5,662 Sqft

Property Sub-Type Single Family Residence

Property Description

Investor Special: Prime Multi-Property Package with $4,040+ Monthly Rental Income

Location: Batesville, MS
Price: $275,000 total for 4 occupied houses

An exceptional investment opportunity awaits with this well-established portfolio of four homes in Batesville, MS. These properties are 100% occupied, generating a solid $4,040 in monthly rental income, with additional potential for increased returns. 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.
• $4,040+ Monthly Rental Income: With 100% 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.

Location

State MS

County Panola

Interior

Heating Electric

Cooling Wall/Window Unit(s)

Flooring Laminate,Linoleum

Laundry Electric Dryer Hookup,Washer Hookup

Exterior

Exterior Feature Awning(s)

Parking Features Gravel

Utilities Available Electricity Connected,Sewer Connected,Water Connected

Roof Type Shingle

Building

Lot Description Few Trees

Foundation Conventional

Sewer Public Sewer

Water Public

Structure Type Awning(s)

New Construction No

Schools

Elementary Schools Batesville

Middle Schools Batesville Middle School

High Schools South Panola

Others

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