4.82 Acres With Rental Units In Cleveland, Ms In Bolivar County
4.82 Acres with Rental Units in Cleveland, MS in Bolivar County
- Acreage
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Are you looking for an investment opportunity in Cleveland, MS? Consider this excellent Bolivar County property featuring seven rental units on a spacious 4.82 acre lot. The property is located on Highway 8 approximately one mile east of Highway 61. Three of the rental units are standalone brick homes, each offering 1,040 square feet, three bedrooms, two baths and a laundry room. The fourplex totals roughly 4,000 square feet of living space which adds further versatility to the property. Each unit contains 1,000 square feet, two bedrooms, one bathroom and a laundry room.
With approximately 3 acres of buildable lot space, this property holds significant potential for expansion and development. Investors may consider constructing additional rental units or exploring other commercial or residential possibilities to maximize return. Currently, the property generates a monthly income of $6,600, making it a lucrative asset for investors seeking steady cash flow.
Overall, this property offers a balanced blend of existing rental units and future development opportunities. To schedule a showing, contact Billy Carpenter today!