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: $418,000 List Date: 2/19/2024 Last Modified: 11/15/2024

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.

More Information MLS# 4071126

Address and Location Information

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

Listing Information

Listing Service: Full Service Status: Closed List Date: 2024-02-18 List Price: $418,000 Current Price: $400,000

General Property Information

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

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

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.

Status Change Info

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

Structure Type

Quadruplex: 1

Levels

Two: 1

Sewer

Public Sewer: 1

Water Source

Public: 1

Listing Terms

Cash: 1 Conventional: 1

Workshop Features

Workshop: No

Waterfront Features

Waterfront: No

Showing Requirements

Showing: Appointment Required

Utilities

Electricity Connected: 1 Sewer Connected: 1 Water Connected: 1

Flooring

Carpet: 1 Laminate: 1 Luxury Vinyl: 1 Tile: 1

Cooling

Central Air: 1 Electric: 1

Heating

Central: 1 Electric: 1

Foundation Details

Slab: 1

Exterior Construction/Siding

Brick: 1

Roof

Shingle: 1

Exterior Features

Balcony: 1

Fencing

None: 1

Driveway Features

Paved Drive: 1

Parking Features

On Site: 1 Parking Pad: 1 Private: 1

Barn Features

Barn: No

Horse Amenities

Horse Amenities: No

Water Heater

Electric: 1

Disclosures

Agent Owned: 1

Approx Age Code

Older Home 25+ Years: 1

Parking Spaces

3+ Space Unit: 1

Unit 1

Bedrooms: 2 Full Baths: 1 Rent: 650 Furnished: No Leased: Yes Occupied: Yes Description: A

Unit 1 Appliances

Dishwasher: 1 Range: 1 Refrigerator: 1

Unit 2

Bedrooms: 2 Full Baths: 1 Rent: 650 Furnished: No Leased: Yes Occupied: Yes Description: B

Unit 2 Appliances

Dishwasher: 1 Range: 1 Refrigerator: 1

Unit 3

Bedrooms: 2 Full Baths: 1 Rent: 900 Furnished: No Leased: Yes Occupied: Yes Description: C

Unit 3 Appliances

Dishwasher: 1 Range: 1 Refrigerator: 1

Unit 4

Bedrooms: 2 Full Baths: 1 Rent: 950 Furnished: No Leased: Yes Occupied: Yes Description: D

Unit 4 Appliances

Dishwasher: 1 Range: 1 Refrigerator: 1

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