NOT LISTED FOR SALE

112 Eureka St Batesville, MS 38606

7 Beds
4 Baths
12,960 Sq Ft
0.72 Acres

Last Sold September 30, 2022

4 Days on Market

Highlights

  • No HOA
  • Central Heating
  • Pre-Fab Construction
  • Cooling Available
  • Laundry Facilities
  • Wood Siding

About This Home

As of September 2022

What a chance to own a 16-unit apartment complex that is fully leased with an excellent income stream and low expenses. Located just off the Batesville Town Square, Pecan Grove is a first-class apartment complex on Eureka Street with excellent renters in two different buildings. All the units are in excellent condition and an on site manager helps with the management. The units have a common laundry room with 3 washers and dryers at no charge to the residents. Units have a metal roof with tile floors on first floor and LVF flooring on all units on the second floor. Great tenants.

Last Agent to Sell the Property

Tim Phillips

Crye-Leike Oxford Real Estate License #22041 Listed on: 08/03/2022

Crye-Leike Oxford Real Estate

Last Buyer's Agent

Tracy C. Pickett

Velvet Grove Realty License #22818

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,539

Year Built

  • Built in 1985

Lot Details

  • 0.72 Acre Lot

Parking

  • Assigned Parking

Home Design

  • Slab Foundation
  • Metal Roof
  • Wood Siding
  • Pre-Fab Construction

Interior Spaces

  • 12,960 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling Available
  • Central Heating
  • Electric Water Heater

Listing and Financial Details

  • Total Actual Rent $2,650
  • Tenant pays for electricity, heat/air
  • The owner pays for water, trash collection, sewer, exterior maintenance
  • Assessor Parcel Number 3183R0000100 280001900

Community Details

Overview

  • No Home Owners Association
  • 16 Units
  • Pecan Grove Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • Insurance Expense $6,207
  • Operating Expense $23,362

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,539

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Directions: When in the Batesville City limits traveling from Oxford take a right at the red light at Eureka Street. Pecan Grove will be on the left before you get into downtown area of Batesville.
  • Prop. Type: Residential Income
  • Year Built: 1985
  • Property Sub Type: Multi Family
  • Lot Size Acres: 0.72
  • Subdivision Name: Pecan Grove
  • Building Stories: 2
  • Structure Type: Other-See Remarks, Pre-Fab
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Group A(Disposal,Refrigerator,Range-Electric,Dishwasher), Group B(Disposal,Refrigerator,Range-Electric,Dishwasher), Group C(Disposal,Refrigerator,Range-Electric,Dishwasher), Group D(Disposal,Refrigerator,Range-Electric,Dishwasher), Electric Water Heater
  • Owner Pays: Water, Trash Collection, Sewer, Exterior Maintenance
  • Total Bedrooms: 7
  • Living Area: 12960
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Construction Type: Wood Siding
  • Foundation Details: Slab
  • Roof: Metal

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Heating: Central,Electric
  • Sewer: Public Sewer
  • Laundry Features: Common Area
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: TVEPA
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: South Panola

Lot Info

  • Parcel #: 3183R0000100 280001900
  • Zoning: R-3
  • Lot Size Sq Ft: 31363.2
  • Zoning Description: BATESVILLE
  • ResoLotSizeUnits: SquareFeet

Green Features

Rental Info

  • Tenant Pays: Electricity, Heat/Air

Multi Family

  • Number Of Units Total: 16
  • Insurance Expense: 6207
  • Number Of Units Leased: 4
  • Annual Operating Expense: 23362
  • Total Actual Rent: 2650

Tax Info

  • Tax Annual Amount: 13539

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2022 09/30/22 Sold -- -- --
08/08/2022 08/08/22 Pending -- -- --
08/03/2022 08/03/22 For Sale $1,595,000 -- $123 / Sq Ft
Source: North Central Mississippi REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Central Mississippi REALTORS®

MLS Number: 151032

North Central Mississippi REALTORS®