1625-1641 Broad Avenue, Gulfport, MS 39501
$279,000
Property Type:
Res Income Multi-Fam
Bedrooms:
13
Square Footage:
4,701
Lot Size (sq. ft.):
49,658
Status:
Closed
Current Price:
$299,900
List Date:
6/23/2022
Last Modified:
11/15/2024
Description
4 income producing homes for under $75,000 each! All homes are on one parcel but all are separate with their own yards/space! All four roofs were replaced in late 2020. Two of these homes have been updated, 1 is in the process of being updated now and 1 is left to be updated (price will increase after all 4 are updated). Current rent being generated on 3 tenant occupied properties is $2,275 a month. Potential rent for all 4 is upwards of $3,400 a month, or $40,800 a year. Live in one rent the others! Great investment opportunity!! Photos are of one of the renovated homes that were taken prior to tenant moving in. Owner/Agent, Buyer & buyers agent to verify all info.
DO NOT DISTURB TENANTS.
More Information MLS# 4021476
Address and Location Information
Parcel Number: 0711f-02-004.000
N or S of I-10: S
N or S of CSX Railroad Track: N
Street Number: 1625-1641
Street Name: Broad
Street Suffix: Avenue
County: Harrison
State: MS
Zip Code: 39501
Subdivision: Beach Grove
Listing Information
Listing Service: Full Service
Status: Closed
List Date: 2022-06-23
List Price: $299,900
Current Price: $279,000
General Property Information
New Construction: No
Property Condition: Updated/Remodeled
# of Units Included in Sale: 4
Approx Lot Size Acres: 1.14
SqFt Source: Public Records
List Price/SqFt: 63.79
Year Built Source: Public Records
Total Floors: 1
Bathrooms Half: 4
Bathrooms Three Quarter: 0
Furnished: No
Pool: No
Accessibility Features: No
Approx H/C SqFt: 4701
Year Built: 1960
Bedrooms Total: 13
Bathrooms Full: 4
Tax and Financial Information
Tax Annual Amount: 5081
Tax Year: 2021
Homestead Y/N: No
Additional Exemptions Y/N: No
Flood Insurance Required?: No
Leasehold Y/N: No
Association: No
Covenants Y/N: No
Legal Description: LOTS 1-12 BLK 1 BEACH GROVE ADD ALSO BEG AT NE COR OF LOT 1 BLK 1 BEACH GROVE ADD N 40 FT W 135 FT S 40 FT E 145 FT TO POB BEING THAT PART OF 17TH ST NOW VACATED AS PER BK 892/18 SEC 6-8-11
Remarks & Miscellaneous
Public Remarks: 4 income producing homes for under $75,000 each! All homes are on one parcel but all are separate with their own yards/space! All four roofs were replaced in late 2020. Two of these homes have been updated, 1 is in the process of being updated now and 1 is left to be updated (price will increase after all 4 are updated). Current rent being generated on 3 tenant occupied properties is $2,275 a month. Potential rent for all 4 is upwards of $3,400 a month, or $40,800 a year. Live in one rent the others! Great investment opportunity!! Photos are of one of the renovated homes that were taken prior to tenant moving in. Owner/Agent, Buyer & buyers agent to verify all info.
DO NOT DISTURB TENANTS.
Status Change Info
Sold Price/SqFt: 59.35
Contract Date/Pending Date: 2022-06-30
Closing Date: 2022-07-20
Structure Type
Multi Family: 1
Levels
One: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Listing Terms
Assumption: Non-Qualify
Waterfront Features
None: 1
Showing Requirements
Showing: Appointment Required
Utilities
Electricity Connected: 1
Cooling
Central Air: 1
Electric: 1
Heating
See Remarks: 1
Foundation Details
Pilings/Steel/Wood: 1
Exterior Construction/Siding
Siding: 1
Roof
Asphalt Shingle: 1
Exterior Features
See Remarks: 1
Parking Features
Driveway: 1
Property Features
Structure Type: Multi Family
Levels: One
Cooling: Central Air; Electric
Heating: See Remarks
Utilities: Electricity Connected
Sewer: Public Sewer
Water Source: Public
Foundation Details: Pilings/Steel/Wood
Roof: Asphalt Shingle
Exterior Features: See Remarks
Parking Features: Driveway
Waterfront Features: None
Info Statement ›
Listing Office:
Southern Magnolia Realty, LLC.
Listing Agent:
Sarah E Renken
Last Updated: November - 15 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.