For Sale
$199,750

107 Pearcy StIndianola, MS 38751

Income-producing duplex near downtown.

Overview

Added:
Dec 11, 2024
Days on market:
112
This exceptional investment opportunity presents a two-unit multifamily property ideally situated on a spacious 0.25-acre lot in the heart of Indianola, Mississippi. Located at 107 East Percy Street, this property boasts a prime location close to the downtown area, offering convenient access to local amenities and services. The building itself comprises 3,806 square feet, thoughtfully divided into two generously sized units, each occupying a full floor. Both units are currently leased, generating a consistent cash flow for the discerning investor. The property's attractive features include large front porches, perfect for enjoying the Mississippi climate. The asking price is $199,750, representing a compelling value for a property of this caliber in a thriving market. This multifamily building presents a rare chance to acquire a stable, income-generating asset with significant potential for future growth. The property's size and location make it an ideal investment for both seasoned and novice investors seeking a strong return on investment in a desirable Mississippi location. The property is classified as both commercial and residential, offering flexibility for future use. This is a turnkey opportunity to own a piece of Indianola's vibrant real estate market. The property is conveniently located in Sunflower County, Mississippi, with a zip code of 38751.

Highlights

  • Exceptional two-unit multifamily investment opportunity in Indianola, MS.
  • Located at 107 East Percy Street, near downtown.
  • 3,806 square foot building on a 0.25-acre lot.
  • Two large, full-floor units, currently leased, providing consistent cash flow.
  • $199,750 asking price.

Property Details for 107 Pearcy St

Property type
Land, Apartment buildings
Square Feet
3,806 SF
Lot Size (sq. ft)
10,890 SF

Location Insight

City
Indianola
County
Sunflower
State
Mississippi
Latitude
33.4534109
Longitude
-90.6494616
107 Pearcy St, Indianola, Mississippi

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107 Pearcy St
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