If you’re in the market for an investment property in Mississippi, then you might want to check out this charming home that’s up for sale. Located within walking distance to downtown, this property is perfect for those who are looking for a prime location that’s close to all the action.
One of the great things about this property is that it already has a tenant who has signed a three-month lease in July. This means that you can start earning rental income right away without having to worry about finding a tenant. Of course, you could also choose to renew the lease or find a new tenant once the current lease expires.
The home itself is full of character and boasts original hardwood floors that add to its charm. The HVAC system is newer, which means that you won’t have to worry about any major repairs or replacements in the near future. The fenced backyard is also a great feature, especially for tenants who have pets or enjoy spending time outdoors.
Another exciting aspect of this investment property is its potential to add a fourth bedroom. This could significantly increase the property’s value and appeal to potential tenants. Of course, adding a bedroom would require some renovation work, but it’s definitely something to consider if you’re looking to maximize your investment.
It’s worth noting that the property is being sold “As Is”, which means that the buyer will be responsible for any necessary repairs or upgrades. It’s important to have the home inspected before making an offer so that you can get a better idea of any potential issues that may need to be addressed.
Overall, this investment property for sale in Mississippi is a great opportunity for anyone who’s looking for a prime location and a home with character. With a tenant already in place and the potential to add a fourth bedroom, this property could be a sound investment that generates rental income for years to come. As always, it’s important to do your due diligence and work with a trusted real estate agent to ensure that you make a smart investment decision.
403 N 8th Ave., Amory, MS 38821