9 Units - 4 Duplex's 1 SFH 5 Specialty Properties Offered at £297,668 in Multiple Locations
INVESTMENT HIGHLIGHTS
- Foster a sense of community with long-term tenants contributing to a positive living environment, ensuring consistent occupancy and rental income.
- All units are fully occupied of this revenue-generating investment, ensuring a steady cash flow to maximize ROI.
- Greenville is growing and developing, and quality housing is on the rise; this portfolio offers great ARV, positioning it for high returns.
- Enjoy easy access to local amenities, schools, and employment centers while capitalizing on the area's growth potential.
- These reliable structures ensure minimal maintenance and provide peace of mind for investors.
- The efficient infrastructure and management result in low operating costs, enhancing profitability and ensuring a hassle-free ownership experience.
EXECUTIVE SUMMARY
Discover this premium real estate package in Leland and Greenville, Mississippi. This is a fantastic investment opportunity consisting of four duplexes and one single-family residence, a total of nine large units. There are separate electric and water meters, and all utilities are paid by the tenants. The units are fully occupied by long-term residents.
This investment opportunity provides stable income and low operating costs. There is abundant rental demand in the area. Section 8 housing operations began in January 2025, enabling the purchase of a two-bedroom at $1,026 and a three-bedroom at $1,438.
This portfolio configuration consists of 224 Tyler Street (two-units) three-bed/ two-baths, 226 Tyler Street (two units) three-bed/ two-baths, 228 Tyler Street (two units) three-bed/ two-baths, 643 W Walthall Street ( two units) two-bed/ one-bath, and 309 Watwood Street (one SFR) three-bed/ two-baths.
Don't miss out on this exceptional investment opportunity in Greenville's expanding real estate market. Secure your future with 224 Tyler St. and benefit from its promising growth potential. Inquire for more information and to schedule a viewing.
Please note that we require 10% EMD and a minimum 25% cash amount at closing before any contracts are accepted. Call (754) 218-0221 anytime 24/7 for more information!
This investment opportunity provides stable income and low operating costs. There is abundant rental demand in the area. Section 8 housing operations began in January 2025, enabling the purchase of a two-bedroom at $1,026 and a three-bedroom at $1,438.
This portfolio configuration consists of 224 Tyler Street (two-units) three-bed/ two-baths, 226 Tyler Street (two units) three-bed/ two-baths, 228 Tyler Street (two units) three-bed/ two-baths, 643 W Walthall Street ( two units) two-bed/ one-bath, and 309 Watwood Street (one SFR) three-bed/ two-baths.
Don't miss out on this exceptional investment opportunity in Greenville's expanding real estate market. Secure your future with 224 Tyler St. and benefit from its promising growth potential. Inquire for more information and to schedule a viewing.
Please note that we require 10% EMD and a minimum 25% cash amount at closing before any contracts are accepted. Call (754) 218-0221 anytime 24/7 for more information!
DATA ROOM Click Here to Access
TAXES & OPERATING EXPENSES (PRO FORMA - 2025) Click Here to Access |
ANNUAL |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Taxes |
-
|
| Operating Expenses |
-
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
PROPERTY FACTS
| Price | £297,668 |
| Price / SF | £32.02 / SF |
| Sale Condition | REO Sale |
| Net Initial Yield | 15.20% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 9,297 SF |
| Total Land Area | 1.82 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 224 Tyler St, Leland, MS 38756 | Specialty | 2,019 SF | 1999 | - |
| 226 Tyler St, Leland, MS 38756 | Specialty | 2,097 SF | 1999 | - |
| 228 Tyler St, Leland, MS 38756 | Specialty | 2,097 SF | 1999 | - |
| 309 Watwood St, Greenville, MS 38703 | Specialty | 1,732 SF | 1953 | - |
| 643 W Walthall St, Greenville, MS 38701 | Specialty | 1,352 SF | 1986 | - |
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