1632 Shirley Ave, Jackson, MS 39204

1632 Shirley Ave is a 6-unit multi family residence. This investment has 16% CAP Rate and 4.63 GRM. This immediate cash flow asset is situated within walking distance of the historic Jackson State University in an Opportunity Zone with Tax Incentives. Each unit is 525 sqft. with 1 bedroom, 1 bath room and an open kitchen/living area. The property also has 6 parking spaces. The remodeled units boast sleek vinyl plank flooring, new kitchen, fresh paint and new appliances. Recent major upgrades include a new roof and completely rewired electrical system including new panels for all units. This building produces $34,400 and has upside potential for student housing.