Search Land - Apartment Complex in Bolivar County at 43 Smith Road in Cleveland, MS
Apartment Complex in Bolivar County at 43 Smith Road in Cleveland, MS
$385,000
43 Smith Road, Cleveland, MS
Status: Active
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Property Type
Condo/Townhome
Home
Acreage
0.77 acres
County
Bolivar, MS
Format
Sale
Features
Electricity
Home
Rural Water
List Date
Oct 3, 2024
Documents
43 Smith Road in Bolivar County 10.9.24
Description
This 7 unit apartment complex consists of a four-plex and three individual houses, each offering a one-bedroom, one-bathroom unit. The estimated annual income could exceed $58,000 with full occupancy. Yearly property taxes are $3,878, and insurance costs $1,800. The complex sits on 0.77± acres in Bolivar County, MS, and recently installed a new septic system. Its smaller, more private units appeal to tenants seeking a secluded living space. One-bedroom units are rare, yet highly desirable. For more details about this investment opportunity, call Tracey Bell today!