1028 45th Avenue, Gulfport, MS 39501

$612,000
Property Type: Res Income Multi-Fam Square Footage: 15,168 Status: Closed
Current Price: $696,708 List Date: 1/07/2020 Last Modified: 11/15/2024

Description

2 Apartment complexes in West Gulfport near Memorial Hospital. All in one sale price, close to Central Business District of Gulfport. Parcel #'s above. The 4 plex, tenants pay water, sewer and trash. Please see attached Realist reports. Other addresses are 1114-1116 43rd Ave, four plex; Total # of units = 28 units to be sold all together. Rents are being increased now. No flood zone (X). Occupancy: The 4 plex is 100% occupied. The 24 unit at South Point has 2 vacancies. 2/28= a 7% vacancy for all 28 units.

More Information MLS# 3351776

Address and Location Information

Parcel Number: 0711j-04-019.000 N or S of I-10: S N or S of CSX Railroad Track: N Street Number: 1028 Street Name: 45th Street Suffix: Avenue County: Harrison State: MS Zip Code: 39501 Subdivision: Metes And Bounds

General Property Information

New Construction: No # of Units Included in Sale: 28 SqFt Source: Public Records List Price/SqFt: 45.93 Year Built Source: Public Records Furnished: No Complex Name: South Pointe Apts. Approx H/C SqFt: 15168 Year Built: 1969

Tax and Financial Information

Tax Annual Amount: 9472 Flood Insurance Required?: No Legal Description: COM AT INTER OF S MAR OF 11TH ST & E MAR OF BROAD AVE S ALONG BROAD AVE 240 FT N 69 DGS E 91 FT TO POB N 28 DGS W 100 FT

Remarks & Miscellaneous

Public Remarks: 2 Apartment complexes in West Gulfport near Memorial Hospital. All in one sale price, close to Central Business District of Gulfport. Parcel #'s above. The 4 plex, tenants pay water, sewer and trash. Please see attached Realist reports. Other addresses are 1114-1116 43rd Ave, four plex; Total # of units = 28 units to be sold all together. Rents are being increased now. No flood zone (X). Occupancy: The 4 plex is 100% occupied. The 24 unit at South Point has 2 vacancies. 2/28= a 7% vacancy for all 28 units.

Status Change Info

Sold Price/SqFt: 40.35 Contract Date/Pending Date: 2019-09-16 Closing Date: 2020-01-02

Additional Type Details

Apartment Complex: 1

Sewer

Public Sewer: 1

Water Source

Public: 1

Listing Terms

Cash: 1

Owner Pays

Insurance: 1 Sewer: 1 Taxes: 1 Trash Collection: 1 Water: 1

Tenant Pays

Cable TV: 1 Electricity: 1

Furnished

Unfurnished: 1

Appliances

Oven: 1 Range: 1 Refrigerator: 1

Walls - Interior

Sheetrock: 1

Flooring

Carpet: 1 Vinyl: 1

Cooling

Central Air: 1 Electric: 1

Heating

Electric: 1

Foundation Details

Slab: 1

Exterior Construction/Siding

Brick Veneer: 1 Siding: 1 Other: 1

Parking Features

Parking Lot: 1

Water Heater

Electric: 1

Approx Age Code

Older Home 25+ Years: 1

Lease Term

6 Months: 1 12 Months: 1

Listing Information

Status: Closed List Date: 2019-08-07 List Price: $696,708 Current Price: $612,000

Property Features

Additional Type Details: Apartment Complex Owner Pays: Insurance; Taxes; Trash Collection; Water Tenant Pays: Cable TV; Electricity Furnished: Unfurnished Appliances: Oven; Range; Refrigerator Walls - Interior: Sheetrock Flooring: Carpet; Vinyl Cooling: Central Air; Electric Heating: Electric Sewer: Public Sewer Water Source: Public Foundation Details: Slab Listing Terms: Cash Parking Features: Parking Lot Water Heater: Electric Lease Term: 6 Months; 12 Months Approx Age Code: Older Home 25+ Years
Listing Office: Coldwell Banker Alfonso Realty-Lorraine Rd
Listing Agent: Sam Ford
Last Updated: November - 15 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.