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Bryan David

bryan@expectrealty.com +1(228) 215-1861

$114,900

Est. payment - /mo

5 Beds

2 Baths

2,190 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,190 sqft

Price per Sqft $52

Subdivision Greenbriar

MLS Listing ID 4151425

Bedrooms 5

Full Baths 2

Year Built 1969

Annual Tax Amount $1,056

Lot Size 0.300 Acres

Acres 0.3

Property Sub-Type Single Family Residence

Source MLS United

Property Description

INVESTOR OPPORTUNITY - TURN KEY CASH-FLOWING 5-BEDROOM RENTAL WITH LONG-TERM TENANT IN PLACE! Motivated seller offering this income-producing investment property featuring 5 bedrooms, 2 bathrooms, and approximately 2,190 square feet of heated and cooled living space according to tax records. The property is currently leased at $1,393.20 per month through a government rental assistance program, providing reliable rental income with a long-term tenant who has occupied the home for approximately six years and desires to remain in place. This property was extensively remodeled in July 2021 and includes a refrigerator, stove, washer, and dryer. Additional improvements include a new HVAC condenser installed and caged in 2022, as well as an ADT security system. The home offers investors an opportunity to acquire a stabilized asset with immediate income and upside potential. HUD Fair Market Rent for the area is currently reported at approximately $2,059 per month, creating future value-add considerations for investors evaluating long-term portfolio growth. The property is being sold strictly AS-IS. Seller will make no repairs. Tenant occupancy provides immediate cash flow from day one. Do not disturb tenant under any circumstances. All photos were taken following the 2021 renovation. Showings will be permitted only after an accepted contract, during the due diligence period, and by appointment. Buyer to verify all information deemed important.

Location

State MS

County Hinds

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Dryer, Oven, Refrigerator, Washer

Exterior

Exterior Feature None

Parking Features Carport, Driveway

Carport Spaces 1

Utilities Available Electricity Connected

Roof Type Asphalt Shingle

Garage No

Private Pool No

Building

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type None

New Construction No

Schools

Elementary Schools Key

Middle Schools Peeples

High Schools Forest Hill

Others

Tax ID 0607-0133-000

Virtual Tour https://www.propertypanorama.com/110-Cherry-Hill-Drive-Jackson-MS-39212/unbranded

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Listed by Favor Realty LLC

Nearby School & Business

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Bryan David

+1(228) 215-1861

Broker | B-21018

Broker B-21018

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110 Cherry Hill Drive Jackson, MS 39212

Bryan David

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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