1028 45th Avenue, Gulfport, MS 39501

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

Overview

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.

Listing Details MLS# 3351776

General Property Information

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

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

Address and Location Information

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

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

Status Change Info

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

More Information

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.

Additional Type Details

Apartment Complex
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Listing Terms

Cash
Yes

Owner Pays

Insurance
Yes
Sewer
Yes
Taxes
Yes
Trash Collection
Yes
Water
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes

Furnished

Unfurnished
Yes

Appliances

Oven
Yes
Range
Yes
Refrigerator
Yes

Walls - Interior

Sheetrock
Yes

Flooring

Carpet
Yes
Vinyl
Yes

Cooling

Central Air
Yes
Electric
Yes

Heating

Electric
Yes

Foundation Details

Slab
Yes

Exterior Construction/Siding

Brick Veneer
Yes
Siding
Yes
Other
Yes

Parking Features

Parking Lot
Yes

Water Heater

Electric
Yes

Approx Age Code

Older Home 25+ Years
Yes

Lease Term

6 Months
Yes
12 Months
Yes
Listing Office: Coldwell Banker Alfonso Realty-Lorraine Rd
Listing Agent: Sam Ford
Source MLS Verified
Last Updated: November - 15 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.