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110 Cherry Hill Dr, Jackson, MS 39212

  • $114,900

  • 5

    bed

  • 2

    bath

  • 2,190

    Sqft ($52/Sqft)

House for sale 43 days
Movoto is helping 49 homebuyers near you

About 110 Cherry Hill Dr

Property type House
Neighborhood
Year built 1969
HOA fee $0/month
Lot size 0.3 Acre
Movoto estimate
Property description
INVESTOR OPPORTUNITY - TURN KEY CASH-FLOWING 5-BEDROOM RENTAL WITH LONG-TERM TENANT IN PLACE! Motivated seller offering this income-producing investment property featuring 5 bedrooms, 2 bathrooms, and approximately 2,190 square feet of heated and cooled living space according to tax records. The property is currently leased at $1,393.20 per month through a government rental assistance program, providing reliable rental income with a long-term tenant who has occupied the home for approximately six years and desires to remain in place. This property was extensively remodeled in July 2021 and includes a refrigerator, stove, washer, and dryer. Additional improvements include a new HVAC condenser installed and caged in 2022, as well as an ADT security system. The home offers investors an opportunity to acquire a stabilized asset with immediate income and upside potential. HUD Fair Market Rent for the area is currently reported at approximately $2,059 per month, creating future value-add considerations for investors evaluating long-term portfolio growth. The property is being sold strictly AS-IS. Seller will make no repairs. Tenant occupancy provides immediate cash flow from day one. Do not disturb tenant under any circumstances. All photos were taken following the 2021 renovation. Showings will not be available and will only be permitted after an accepted contract, during the due diligence period, and by appointment. Buyer to verify all information deemed important. Rent roll, financials, lease agreement, etc. will be provided upon request.
Listed by
Listing Agent - Devin Boone
Listing Office - Favor Realty LLC
Source: MLS United mls logo
MLS#4151425 • last updated 1 month ago
Movoto checked MLS United for data 9 minutes ago
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Overview
Cooling/AC Central Air
Heating Central
Levels/Style One, House
MLS # 4151425
Virtual Tour External Link
SubType Single Family Residence
SqFt 2190
Status Active
Lot Size (Acres) 0.3
Lot Size (SqFt) 13068
Property Tax 1056
Year Built 1969
Interior
Total # of Bathrooms 2
# of Full Baths 2
Total # of Bedrooms 5
Appliances Dryer, Oven, Refrigerator, Washer
Exterior
Foundation Slab
Roof Asphalt Shingle
Construction Brick, Siding
Parking Carport, Driveway
# Carport Spaces 1
Exterior Features None
Amenities / Utilities
Water Source Public
Security Features Security System
Location
County Hinds
Subdivision Greenbriar
Elementary School Key
Middle School Peeples
High School Forest Hill
APN 0607-0133-000
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  • Real Estate
  • MS
  • Hinds County
  • Jackson
  • 39212
  • 110 Cherry Hill Dr

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