SOLD!
Boothe Street Townhouses - Batesville 911 B, C, D, and E Boothe Street 4 Townhomes Fully Rented (approximately 1,000 sq. ft. per home) Great Investment with Huge Potential $448,000 Investment Opportunity! Located on the north side of town just off of Hwy 51, this well-kept property adjoins the JP Hudson Memorial Ballpark and is just a few blocks from the square for great shopping and dining! With the unique design and great curb appeal, these homes definitely don't have a cookie-cutter look, making them much more attractive to owners or renters.
Although currently rented as full-time homes, they could easily be used as 4 individual VRBOs instead, especially with proximity to area parks, lakes, and the short drive to Ole Miss. This possibility creates a huge potential future income. The roof is only two years old, and each home has a dine-in kitchen with refrigerator and stove, a laundry closet, and an individual central HVAC unit. Homes B, C, and D are two-story units with both bedrooms and a full bath upstairs, and a half bath downstairs. Home E is single-story unit with two bedrooms and two full baths. All of the units have private back concrete patios with a natural buffer of trees on the back of the property, adding seclusion, beauty, and shade. TVEPA is the electricity provider, City of Batesville provides the other utilities, and TVI-Fiber is available for fiber optic internet. Current total annual rent is $36,000 with renters paying all of their own utilities and providing their own washer and dryer. Annual taxes: $6,520. Annual Insurance: $4,000 (including FEMA) Flood insurance is included and required, but these homes have never flooded, not even during the historic flooding in recent years. (buyer to verify square footage) |
Driving Directions: From I-55 take the Batesville exit west onto Hwy 6. In a little over a mile, turn right (north) onto Hwy 51. Continue and go past the SPHS football stadium to cross the overhead bridge, and then turn left onto Boothe Street. The homes will be on the right.
Alternatively: From north of Batesville I-55, take the North Batesville exit onto Hwy 35 N toward Batesville. In a mile and a half just past The Cross, turn right onto Thermos Road to cross the RR tracks. Then turn left (south) onto Hwy 51. Take the next right onto Boothe Street right before the overheard bridge, and the property will be on the right. To begin the virtual tour, just click on a photo below.
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