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125 W 2nd St
Clarksdale, MS 38614
Kincade Apartments · Multifamily Property For Sale · 35 Units

INVESTMENT HIGHLIGHTS

  • ONLY $22K PER DOOR - A BARGAIN TO BE HAD!
  • 17.28% NET RETURN!!
  • Potential to generate over $220k PER YEAR

PROPERTY FACTS

No. Units 35
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Garden
Building Class C
Lot Size 0.52 AC
Building Size 24,457 SF
Average Occupancy 60%
No. Stories 2
Year Built 1950
Zoning multifamily

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 4 $450.00 -
1+1 10 $550.00 -
2+1 18 $625.00 -
3+1 3 $750.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
391-230440018-0000400
Land Assessment
$6,000
Improvements Assessment
$62,254
Total Assessment
$68,254
  • Listing ID: 29784633

  • Date on Market: 10/13/2023

  • Last Updated:

  • Address: 125 W 2nd St, Clarksdale, MS 38614

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