152 Via Don Ray Road, Long Beach, MS 39560

$400,000
Property Type: Res Income Multi-Fam Bedrooms: 8 Square Footage: 4,920 Lot Size (sq. ft.): 42,689 Status: Closed
Current Price: $400,000 List Date: 2/19/2024 Last Modified: 11/15/2024

Overview

Description

Great investment opportunity! Four total units under one roof-- two upstairs and two downstairs with a breezeway. New roof in 2021, two newer A/C units. Units C & D have been updated-- pictures are of these units. Units A & B have long-term renters. All units are rented and currently in a valid lease. Great tenants! Units are large at around 1260sf per unit. Kitchen with pantry, open dining and living room, two bedrooms and a shared bathroom. Large lot, so expanding may be a possibility. Total rents currently: $3,150. Rent potential: $3600-4800 depending on updates. Units A & B leases expire 12/31/2024. Unit C expires 7/22/2024. Unit D expires 6/2/2024.

Listing Details MLS# 4071126

General Property Information

# of Units Included in Sale
4
Approx Lot Size Acres
0.98
Lot Size Dimensions
102.1x50x274.6x144x297.5
Approx H/C SqFt
4920
SqFt Source
Public Records
List Price/SqFt
84.96
Year Built
1987
Year Built Source
Public Records
Total Floors
2
Bedrooms Total
8
Bathrooms Full
4
Furnished
No
Pool
No
School District
Long Beach Dist
Accessibility Features
No
New Construction
No
Bathrooms Half
0
Bathrooms Three Quarter
0

Property Features

Structure Type: Quadruplex Levels: Two Flooring: Carpet; Laminate; Luxury Vinyl; Tile Cooling: Central Air; Electric Heating: Central; Electric Utilities: Electricity Connected; Sewer Connected; Water Connected Sewer: Public Sewer Water Source: Public Foundation Details: Slab Listing Terms: Cash; Conventional Roof: Shingle Exterior Features: Balcony Fencing: None Driveway Features: Paved Drive Parking Features: On Site; Parking Pad; Private Water Heater: Electric Disclosures: Agent Owned Approx Age Code: Older Home 25+ Years Parking Spaces: 3+ Space Unit Unit 1 Appliances: Dishwasher; Range; Refrigerator Unit 2 Appliances: Dishwasher; Range; Refrigerator Unit 3 Appliances: Dishwasher; Range; Refrigerator Unit 4 Appliances: Dishwasher; Range; Refrigerator

Address and Location Information

Street Number
152
Street Name
Via Don Ray
Street Suffix
Road
County
Harrison
State
MS
Zip Code
39560
Parcel Number
0511g-01-001.007
Subdivision
L'Casa Foresta
N or S of I-10
S
N or S of CSX Railroad Track
N

Listing Information

Listing Service
Full Service

Tax and Financial Information

Tax Annual Amount
4901
Tax Year
2022
Homestead Y/N
No
Additional Exemptions Y/N
No
Flood Insurance Required?
No
Leasehold Y/N
No
Sold In Previous 12 Months
No
Association
No
Covenants Y/N
No
Legal Description
LOT 7 L'CASA FORESTA SUBD SEC 3-8-12

Status Change Info

Contract Date/Pending Date
2024-03-08
Closing Date
2024-05-02
Appraised SqFt
4996
Sold Price/SqFt
81.3

More Information

Workshop Features

Workshop
No

Waterfront Features

Waterfront
No

Barn Features

Barn
No

Horse Amenities

Horse Amenities
No

Showing Requirements

Showing
Appointment Required

Unit 1

Full Baths
Yes
Rent
650
Furnished
No
Leased
Yes
Occupied
Yes
Description
A

Unit 2

Full Baths
Yes
Rent
650
Furnished
No
Leased
Yes
Occupied
Yes
Description
B

Unit 3

Full Baths
Yes
Rent
900
Furnished
No
Leased
Yes
Occupied
Yes
Description
C

Unit 4

Full Baths
Yes
Rent
950
Furnished
No
Leased
Yes
Occupied
Yes
Description
D

Remarks & Miscellaneous

Public Remarks
Great investment opportunity! Four total units under one roof-- two upstairs and two downstairs with a breezeway. New roof in 2021, two newer A/C units. Units C & D have been updated-- pictures are of these units. Units A & B have long-term renters. All units are rented and currently in a valid lease. Great tenants! Units are large at around 1260sf per unit. Kitchen with pantry, open dining and living room, two bedrooms and a shared bathroom. Large lot, so expanding may be a possibility. Total rents currently: $3,150. Rent potential: $3600-4800 depending on updates. Units A & B leases expire 12/31/2024. Unit C expires 7/22/2024. Unit D expires 6/2/2024.

Structure Type

Quadruplex
Yes

Levels

Two
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Utilities

Electricity Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Flooring

Carpet
Yes
Laminate
Yes
Luxury Vinyl
Yes
Tile
Yes

Cooling

Central Air
Yes
Electric
Yes

Heating

Central
Yes
Electric
Yes

Foundation Details

Slab
Yes

Exterior Construction/Siding

Brick
Yes

Roof

Shingle
Yes

Exterior Features

Balcony
Yes

Fencing

None
Yes

Driveway Features

Paved Drive
Yes

Parking Features

On Site
Yes
Parking Pad
Yes
Private
Yes

Water Heater

Electric
Yes

Disclosures

Agent Owned
Yes

Approx Age Code

Older Home 25+ Years
Yes

Parking Spaces

3+ Space Unit
Yes

Unit 1 Appliances

Dishwasher
Yes
Range
Yes
Refrigerator
Yes

Unit 2 Appliances

Dishwasher
Yes
Range
Yes
Refrigerator
Yes

Unit 3 Appliances

Dishwasher
Yes
Range
Yes
Refrigerator
Yes

Unit 4 Appliances

Dishwasher
Yes
Range
Yes
Refrigerator
Yes
Listing Office: Veterans Realty
Listing Agent: Mallory S Simpson
Source MLS Verified
Last Updated: November - 15 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.