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110 Cherry Hill Drive, Jackson, MS 39212

$114,900
  • 110 Cherry Hill Drive, Jackson, MS 39212 Main Photo

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New to the Market Active
BEDS5 BATHS2 full SQUARE FEET2,190 MLS#4151425
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONGreenbriar

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 be permitted only after an accepted contract, during the due diligence period, and by appointment. Buyer to verify all information deemed important.

110 Cherry Hill Drive | MLS# 4151425

This single family home located at 110 Cherry Hill Drive, Jackson, MS 39212 is currently listed for sale with an asking price of $114,900. This property was built in 1969 and has 5 bedrooms and 2 full baths with 2190 sq. ft. Cherry Hill Drive is located in the Greenbriar subdivision. Search Greenbriar real estate on www.fusion2b.com today.

Property Features

Property Type: Residential - Single Family
Lot Size: 0.30 Acres
Roof Type: Asphalt Shingle
Stories: 1.0
Taxes: $1,056
Year Built: 1969

Feature Descriptions

Parcel#: 0607-0133-000
Security: Security System
Security: yes
Sewer: Public Sewer
Water: Public

Local Schools

High School: Forest Hill
Middle School: Peeples
Elementary School: Key

Listed By / Shown By

Listed By

Agency Name: Favor Realty LLC

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: MLS United MLS

Estimate Your Payment

Estimated Payment

$ 377.23 per month $255.72 Principal & Interest $88.00 Property Tax $33.51 Homeowner's Insurance

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