For Sale
$155,000

109 Pearcy StIndianola, MS 38751

Two-unit rental, high cash flow, 0.25 acres

Overview

Added:
Dec 11, 2024
Days on market:
112
This exceptional investment opportunity presents a two-unit multifamily property ideally situated in Indianola, Mississippi, within Sunflower County. Located at 109 East Pearcy Street, this property boasts a prime location near the downtown area, offering convenient access to local amenities and services. The building encompasses a substantial 2,475 square feet, distributed across two spacious units, each occupying a floor of the two-story structure. Currently leased and generating positive cash flow, this property represents a stable income stream for the discerning investor. The generous 0.25-acre lot provides ample space and potential for future development or expansion. Each unit features large front porches, overlooking East Pearcy Street, adding to the property's curb appeal and tenant desirability. The asking price for this income-producing asset is $155,000, making it an attractive proposition in the current market. This multifamily property is classified as both commercial and residential, offering versatility and potential for various investment strategies. The property's size and location make it a compelling investment opportunity in the thriving Indianola market. The zip code is 38751.

Highlights

  • Asking price: $155,000
  • Multifamily property with two units totaling 2,475 square feet.
  • Located on a 0.25-acre lot in Indianola, MS.
  • Currently leased and generating cash flow.
  • Situated near downtown Indianola.

Property Details for 109 Pearcy St

Property type
Land, Apartment buildings
Square Feet
2,475 SF
Lot Size (sq. ft)
10,890 SF
Units
2

Location Insight

City
Indianola
County
Sunflower
State
Mississippi
Latitude
33.4534118
Longitude
-90.6492764
109 Pearcy St, Indianola, Mississippi

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109 Pearcy St
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