202 Fisher Street Batesville, MS 38606
3 Beds
1 Bath
785 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 785 sqft
Price per Sqft $101
Subdivision Metes And Bounds
MLS Listing ID 4119771
Style Traditional
Bedrooms 3
Full Baths 1
Year Built 1965
Annual Tax Amount $714
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Single Family Residence
Source MLS United
Property Description
Location: Batesville, MS
Price: $275,000 total for 4 occupied houses
An exceptional investment opportunity awaits with this well-established portfolio of four homes in Batesville, MS. These properties are 100% occupied, generating a solid $4,040 in monthly rental income, with additional potential for increased returns. Located just 3 miles from the recently expanded Northwest Community College Concourse, as well as the new shopping mall and dining developments, these homes offer both strong current income and future growth potential.
Key Features:
• 4 Homes Total: All homes located close to one another, streamlining property management.
• $4,040+ Monthly Rental Income: With 100% occupancy, this package provides immediate cash flow.
• Recent Renovations: 3 of the 4 homes have been beautifully remodeled, reducing immediate maintenance costs and boosting tenant appeal and decreasing vacancy rates.
• Additional Income Potential: Upside for future rent increases or property improvements.
• Local Property Management: With in-place, reliable management, the properties are well-maintained and ready for a hands-off investor.
This investment offers stability with long-term leases in place and the added benefit of lease transferability. Leases can be transferred to new ownership, ensuring a smooth transition and uninterrupted rental income.
Don't miss out on this profitable opportunity in a growing area. Whether you're a seasoned investor or new to rental properties, this is a great addition to your portfolio.
Location
State MS
County Panola
Direction From Memphis → merge to I‑55 S → US‑278/MS‑6 E Follow US‑278/MS‑6 through Batesville Thomas St → R on Van Voris → L on Pearson → R on Vaughn → R on Fisher Destination on left: 202 Fisher St, Batesville, MS 38606
Interior
Heating Electric
Cooling Wall/Window Unit(s)
Flooring Laminate, Linoleum
Fireplace No
Appliance Free-Standing Electric Oven
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Exterior Feature Awning(s)
Parking Features Gravel
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Porch Awning(s)
Garage No
Private Pool No
Building
Lot Description Few Trees
Foundation Conventional
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories One
Structure Type Awning(s)
New Construction No
Schools
Elementary Schools Batesville
Middle Schools Batesville Middle School
High Schools South Panola
Others
Tax ID 3183q0000100-230001000
