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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
Pool Y/N No
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
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 $760K
$900K
Taxes
AVG $6,977
$16,492
Visits
AVG 222
239
Data Provided by Inside Real Estate®
Year Built
AVG 1992
1955

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