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Buildings B and C. Each 4 plex was completely rehabbed last year.

Each one has 2 bedrooms 1 bath central heat and air.

Ceramic tile, new counter tops, new fended gate.

Nearly 100k was spent on renovations on each unit.

 

They look new. Appraised at 187K each .

Rents $475 but should go up to $525.

 

Tax $2375 - Insurance $1600

We have appraisals on them and a local lender who has looked

at them and will do 90% loan, 10 year interest only at around 7.5%.

Now that’s cashflow. They are under property management at 10% per door.

These wont last long.

 

 

Rents $475 but should go up to $525.

Value around 187k

 

Location:

 

4345 W Capitol Street

Jackson, Mississippi 39209

 

 

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