Address
616 N Bayou Avenue, Cleveland, MS
Price
$ 895,000
Property Attributes
  • MLS#4056528
  • TypeMulti-Family
  • CountyBOLIVAR
  • CityCleveland
  • NeighborhoodMetes And Bounds
  • Zip38732
  • Style
  • Year Built1955
  • Taxes$ 16492
  • Price$ 895,000
  • Bedrooms34
  • Full Bathrooms18
  • Half Bathrooms0
  • Sqr Footage13121
  • Lot Size0.92 Acres
Data Source:
MLS United
Property Description

14 UNIT APARTMENT COMPLEX FOR SALE!This property has been updated within the last 12 months. The property also includes 618 & 620 North Bayou ( Duplex)The properties were built in the following years: 1951 , 1955, 1991, & 199213,121 Leasable Square Footage4 Units are 4 bedrooms and 2 baths8 Units are 2 bedrooms and 1 bath2 Units are 1 bedroom and 1 bathAll tenants have passed a back ground and credit check through Muddy Waters Property Management GroupExterior was repainted in 2022New Roof was installed on Duplex in 2022Annual Gross Income $115,440Fully Occupied the properties annual rental income is $126,528Please call today for your Private ShowingBank Letter will be required before showing can be scheduled.

High School
Cleveland High School
Price History
8/21/2023 Listed $980,000
9/28/2023 4% - $950,000
11/21/2023 3% - $925,000
2/12/2024 4% - $895,000

General Features

Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Available,Natural Gas Available,Sewer Available
Roof Asphalt Shingle
School District Cleveland Dist
HOA No
Tenant Pays Deposit,Electricity
New Construction No
Subdivision Metes And Bounds
County Bolivar
Levels Two
Property Type C
Owner Pays Insurance,Sewer,Trash Collection,Water
Property Condition Updated/Remodeled
Accessibility Features No
Tax Year 2022
Parcel Number 33-17-085-00-04300
Status Active
Year Built Source Appraiser
Year Built 1955
City Cleveland
Homestead Y/N No
Community Of N/A
Legal Description LOT 43 CARPENTER & WALKER 3RD ADD CLEVELAND
High School Cleveland
Structure Type Lowrise 1-2 Floors
Street Name Bayou
Flood Insurance Required? No

Interior Features

Furnished Y/N No
Total Floors 2
SqFt Source Appraiser
List Price/SqFt 68.21

Exterior Features

Exterior Features Balcony
Pool Y/N No
Water Source Public
WaterFront Features None
Foundation Slab
MLS Identifier 20210408200911641907000000
Street Number 616

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 38732

Price
AVG $450K
$900K
Taxes
AVG $6,110
$16,492
Visits
AVG 305
413
Data Provided by Inside Real Estate®
Year Built
AVG 1982
1955