About This Home
This 3-bedroom, 2-bathroom single family at 3632 Bailey Avenue in Jackson, MS is listed for $89,000 ($88 per sqft). Built in 1957, the home offers 1,012 sqft of living space on a 0.21 acres lot.
Key Features
- Built in 1957
- 0.21 acre lot
- 2 parking spaces
Property Details
Amenities
This charming 3-bedroom, 1.5-bath home is a rare investor opportunity with immediate cash flow and room to grow. Two long-term tenants currently occupy the property, generating $1,100/month combined ($600 for the master, in place 3 years; $500 for the second bedroom, in place 1 year).
Both wish to stay on. Rent rolls available upon request. The third bedroom is now vacant and previously rented for $600/month for seven years, bringing total income potential to $1,700/month - a strong return with minimal turnover risk. Owned by a meticulous, pride-of-ownership investor, the home has been consistently well maintained.
It's an ideal add to a rental portfolio or a great entry point for a first-time buyer. Don't miss this one - reliable tenants, upside potential, and a well-kept property all in one package.
Monthly Cost Estimate
$476/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3632 Bailey Avenue
Jackson, MS 39213
Bailey Station
Property Details
Flooring
Questions & Answers
This 3-bedroom, 2-bathroom single family at 3632 Bailey Avenue is listed at $89,000 ($88/sqft). The estimated monthly payment is $476 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1957, 0.21 acre lot, 2 parking spaces.
This property is listed by Kimm Hackett and can be reached at 6015515499.
