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1067 Adams St - 1067 Adams Street 2 Unit Apartment Building Offered at $70,730 CAD at a 20.31% Cap Rate Grenada, MS 38901
Executive Summary
CASH COW DUPLEX!!!
Cheap. Built in 2014. Good condition. Each unit will rent for $600. Separate electric, water and gas meters, tenants pay all utilities! WILL GENERATE A 20.31%+ NET RETURN!!! $35K IN VALUE ADD!! Do not miss out on this amazing investment opportunity.
Property management and financing are available.
Cheap. Built in 2014. Good condition. Each unit will rent for $600. Separate electric, water and gas meters, tenants pay all utilities! WILL GENERATE A 20.31%+ NET RETURN!!! $35K IN VALUE ADD!! Do not miss out on this amazing investment opportunity.
Property management and financing are available.
Financial Summary (Pro Forma - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$20,411
|
$17.01
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$20,411
|
$17.01
|
| Taxes |
$619
|
$0.52
|
| Operating Expenses |
$3,986
|
$3.32
|
| Total Expenses |
$4,605
|
$3.84
|
| Net Operating Income |
$15,806
|
$13.17
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $20,411 |
| Annual Per SF | $17.01 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $20,411 |
| Annual Per SF | $17.01 |
| Taxes (CAD) | |
|---|---|
| Annual | $619 |
| Annual Per SF | $0.52 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $3,986 |
| Annual Per SF | $3.32 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $4,605 |
| Annual Per SF | $3.84 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $15,806 |
| Annual Per SF | $13.17 |
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $850.46 CAD | - |
1 1
Fairly walkable
50/100
Very drivable
80/100
Somewhat bikeable
30/100
1 of 3
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1067 Adams St - 1067 Adams Street
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