Not many opportunities come along with established rental property perfect for the investor looking for real estate at a great cap rate. Approximately $11,500 income per month. Nine (9) individual units that stay rented. All of the units are 2 bedroom, 1 bath with spacious yards. Property is 11.50 total acres so plenty of room to consider adding more units if approval is given by Lafayette County Planning Department. Seller pays insurance, lawn maintenance, general maintenance and property taxes. Tenants pay all utilities. Property being sold in “As Is” Condition. Waiting on a new owner.
According to the data feed provided by North Central Mississippi Realtors, the property at 1 CR 4072, Oxford, MS38655 is currently listed for sale on the Oxford MS MLS. It is MLS number 161235. This property is approximately 7942 square feet, and was built in 1993. 1 CR 4072, Oxford, MS38655 is located in the Other subdivision. Its exterior is primarily Wood Siding, with a Composition roof. It features Central Electric, Window Unit(s) air conditioning and a Electric water heater. It has been on OxfordMSHomes.net for 231 days and it is currently listed at $1,750,000.
Listing information provided courtesy of: Crye-Leike Oxford Real Estate. Data obtained through North Central Mississippi Realtors.
This information is considered reliable but its accuracy is not guaranteed and should be independently verified by any interested party and may not be relied upon as presented. This information may not be used for any purpose other than identifying properties generally that any prospective purchaser may be interested in purchasing.
