1111 N. Yale Street Cleveland, MS 38732
$138,000 – 4 Bedroom, 2 Bath Home
This 4-bedroom, 2-bath home in Cleveland, Mississippi is currently configured as a 3-bedroom 1-bath home with an attached rental unit, a studio apartment with private entry. The house sits on a sizeable lot with mature landscaping and a backyard enclosed by a privacy fence. There is central heat/air; flooring is hard wood and tile with some carpet and contact flooring. There’s a storage shed in the backyard, a utility shed (outfitted with washer and dryer) attached to the carport. The house is currently rented through May 31, 2024, but can be purchased now, if leases are honored.
1111 N. Yale is just a 20-minute walk from Delta State University and from downtown Cleveland. It’s across the street from a neighborhood park, on a quiet street with very little through-traffic. It’s a great house for buyers who may wish to defray their expenses by renting the studio apartment, which currently rents for $650 a month. The 3-bedroom 1-bath unit rents for $1,100 a month, which could pay the a single owner’s mortgage, cover all utilities, and then some.
1111 N. Yale is also a great investment property, earning $1,760 per month, or $21,120 annually.
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