Log In/Sign Up
Your email has been sent.
1067 Adams St - 1067 Adams Street 2 Unit Apartment Building Offered at $49,900 at a 20.31% Cap Rate Grenada, MS 38901
Executive Summary
CASH COW DUPLEX!!!
Cheap. Built in 2014. Good condition. Each unit will rent for $600. Separate electric, water and gas meters, tenants pay all utilities! WILL GENERATE A 20.31%+ NET RETURN!!! $35K IN VALUE ADD!! Do not miss out on this amazing investment opportunity.
Property management and financing are available.
Cheap. Built in 2014. Good condition. Each unit will rent for $600. Separate electric, water and gas meters, tenants pay all utilities! WILL GENERATE A 20.31%+ NET RETURN!!! $35K IN VALUE ADD!! Do not miss out on this amazing investment opportunity.
Property management and financing are available.
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$14,400
|
$12.00
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$14,400
|
$12.00
|
| Taxes |
$437
|
$0.36
|
| Operating Expenses |
$2,812
|
$2.34
|
| Total Expenses |
$3,249
|
$2.71
|
| Net Operating Income |
$11,151
|
$9.29
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $14,400 |
| Annual Per SF | $12.00 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $14,400 |
| Annual Per SF | $12.00 |
| Taxes | |
|---|---|
| Annual | $437 |
| Annual Per SF | $0.36 |
| Operating Expenses | |
|---|---|
| Annual | $2,812 |
| Annual Per SF | $2.34 |
| Total Expenses | |
|---|---|
| Annual | $3,249 |
| Annual Per SF | $2.71 |
| Net Operating Income | |
|---|---|
| Annual | $11,151 |
| Annual Per SF | $9.29 |
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $600.00 | - |
1 1
Fairly walkable
50/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 104C-18-135.00 | Total Assessment | $4,668 (2025) |
| Land Assessment | $1,350 (2025) | Annual Taxes | $437 ($0.36/SF) |
| Improvements Assessment | $3,318 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
104C-18-135.00
Land Assessment
$1,350 (2025)
Improvements Assessment
$3,318 (2025)
Total Assessment
$4,668 (2025)
Annual Taxes
$437 ($0.36/SF)
Tax Year
2026
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
1067 Adams St - 1067 Adams Street