$448,000
$448,000
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8 Beds
8 Baths
4,000 SqFt
SOLD DATE : 04/02/2024
Key Details
Sold Price $448,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $112
Subdivision Metes And Bounds
MLS Listing ID 4071954
Sold Date 04/02/24
Style See Remarks
Bedrooms 8
Full Baths 5
Half Baths 3
Originating Board MLS United
Year Built 1988
Annual Tax Amount $6,250
Lot Size 0.430 Acres
Acres 0.43
Property Description
Boothe Street Townhomes - Batesville
* 911 B, C, D, and E Boothe Street
* 4 Townhomes Fully Rented
(approximately 1,000 sq. ft. per home)
Great Investment with Huge Potential
Investment Opportunity! Located on the north side of town just off of Hwy 51, this well-kept property adjoins the JP Hudson Memorial Ballpark and is just a few blocks from the square for great shopping and dining! With the unique design and great curb appeal, these homes definitely don't have a cookie-cutter look, making them much more attractive to owners or renters.
Although currently rented as full-time homes, they could easily be used as 4 individual VRBOs instead, especially with proximity to area parks, lakes, and the short drive to Ole Miss. This possibility creates a huge potential future income.
The roof is only two years old, and each home has a dine-in kitchen with refrigerator and stove, a laundry closet, and an individual central HVAC unit. Homes B, C, and D are two-story units with both bedrooms and a full bath upstairs, and a half bath downstairs. Home E is single-story unit with two bedrooms and two full baths. All of the units have private back concrete patios with a natural buffer of trees on the back of the property, adding seclusion, beauty, and shade.
TVEPA is the electricity provider, City of Batesville provides the other utilities, and TVI-Fiber is available for fiber optic internet. Current total annual rent is $36,000 with renters paying all of their own utilities and providing their own washer and dryer.
Annual taxes: $6,520. Annual Insurance: $4,000 (including FEMA) Flood insurance is included and required, but these homes have never flooded, not even during the historic flooding in recent years.
(buyer to verify square footage)
Location
State MS
County Panola
Community See Remarks, Schools Nearby, Shopping Nearby
Direction From I-55 take the Batesville exit west onto Hwy 6. In a little over a mile, turn right (north) onto Hwy 51. Continue and go past the SPHS football stadium to cross the overhead bridge, and then turn left onto Boothe Street. The homes will be on the right. (Alternatively, take the North Batesville I-55 exit)
Interior
Interior Features Eat-in Kitchen, High Speed Internet, Open Floorplan
Heating Central, Electric, Natural Gas
Cooling Central Air, Electric
Furnishings No
Laundry Electric Dryer Hookup, Inside, Laundry Closet, Main Level, Washer Hookup
Exterior
Exterior Feature Balcony, Private Yard, Uncovered Courtyard
Parking Features Concrete, Driveway, Parking Pad
Community Features See Remarks, Schools Nearby, Shopping Nearby
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Roof Type Composition
Porch Slab
Garage No
Private Pool No
Building
Lot Description City Lot, Few Trees
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style See Remarks
Level or Stories Two
Structure Type Balcony,Private Yard,Uncovered Courtyard
New Construction No
Schools
Elementary Schools Batesville
High Schools South Panola
Others
Tax ID 3182e0005000-20000304
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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