209 Oak Street, Long Beach, MS 39560 (MLS# 4068920)

209 Oak Street, Long Beach, MS 39560

$345,000

Property Type: Res Income Multi-Fam Bedrooms: 4 Square Footage: 2,079 Lot Size (sq. ft.): 11,326 Status: Closed

Current Price: $345,000 List Date: 1/25/2024 Last Modified: 11/15/2024

Overview

Description

Nestled in the heart of beautiful downtown Long Beach in the Golf Cart district, this unique property has so much to offer! Three units, all producing generous income with so much more potential. Unit A is a 2 bed / 1 bath 865 square foot space currently being operated as a short term rental (see photos). Freshly renovated and tastefully decorated; this unit generated $31,028 last year. Unit B is 1 bed / 1 bath 662 square foot space long term rented that made $10,740 last year under lease until July 2024. And then there is unit C which is a 1 bed / 1 bath 552 square foot space that made $9,000 last year under lease until August 2024. Gross income for the whole property is $50,768 last year. The possibilities are endless... live in one of the units and enjoy the lifestyle that this location provides. Keep as an operating business (owner will sell furnishings to keep operating for $8,500). Just a short walk or golf cart ride to the beach, shopping, dinning, and entertainment dow ... (Read more)

Listing Details MLS# 4068920

General Property Information

# of Units Included in Sale: 3
Approx Lot Size Acres: 0.26
Lot Size Dimensions: 57' x 137' x 53' x 53' x 132'
Approx H/C SqFt: 2079
SqFt Source: Appraiser
List Price/SqFt: 180.38
Year Built: 1955
Year Built Source: Public Records
Total Floors: 2
Bedrooms Total: 4
Bathrooms Full: 3
Furnished: No
Pool: No
School District: Long Beach Dist
Elementary School: Thomas Reeves
Middle or Junior School: Long Beach
High School: Long Beach
Accessibility Features: No
New Construction: No
Property Condition: Updated/Remodeled
Garage Spaces: 0
Carport Spaces: 0
Bathrooms Half: 0
Bathrooms Three Quarter: 0

Property Features

Structure Type: Triplex Additional Type Details: Apartments - 5 or Fewer Architectural Style: Traditional Lot Features: City Lot; Front Yard; Near Beach Levels: Two Owner Pays: Electricity; Gas; Taxes; Water Interior Features: Stone Counters Pets Allowed: Cats OK; Dogs OK Kitchen Features: Natural Marble Counters Bathroom Features: 5 Foot Tub Fireplace Features: None Appliances: Dishwasher; Free-Standing Gas Range Walls - Interior: Sheetrock Flooring: Luxury Vinyl Window Features: Aluminum Frames Door Features: Dead Bolt Lock(s) Security Features: Smoke Detector(s) Cooling: Ceiling Fan(s); Central Air; Ductless Heating: Central; Ductless Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Natural Gas in Kitchen Sewer: Public Sewer Water Source: Public Foundation Details: Slab Listing Terms: 1031 Exchange; Cash; Conventional; FHA; VA Loan Roof: Architectural Shingles Exterior Features: Balcony; Courtyard; Private Entrance; Private Yard Patio And Porch Features: Other Fencing: Privacy; Wood Driveway Features: Gravel Drive Parking Features: Driveway; Gravel Community Features: Boating; Fishing; Schools Nearby; Shopping Nearby Waterfront Features: None Water Heater: 40 Gallons or Less; Electric; Two or More Lease Term: 12 Months Disclosures: None Approx Age Code: Older Home 25+ Years Parking Spaces: 2 Space Unit Unit 1 Appliances: Microwave; Range; Refrigerator; Water Heater - Electric Unit 2 Appliances: Range; Refrigerator; Water Heater - Electric Unit 3 Appliances: Range; Refrigerator; Water Heater - Electric

Address and Location Information

Street Number: 209
Street Name: Oak
Street Suffix: Street
County: Harrison
State: MS
Zip Code: 39560
Parcel Number: 0612c-04-024.000
Subdivision: Metes And Bounds
Directions to Property: From Beach Blvd, go N on Jeff Davis, go left on W Third St., which runs into Oak Avenue.
N or S of I-10: S
N or S of CSX Railroad Track: S

Listing Information

Listing Service: Full Service
Never Occupied: No

Tax and Financial Information

Tax Annual Amount: 1669
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 1 BLK 5 QUARLES ADD SEC 14-8-12

Status Change Info

Contract Date/Pending Date: 2024-02-02
Closing Date: 2024-02-23
Sold Price/SqFt: 165.95

More Information

Parking Features

Parking Total: 6
Driveway: Yes
Gravel: Yes

Showing Requirements

Showing: Appointment Required
Appointment Phone: 228-860-0082

Unit 1

Full Baths: Yes
Number of Rooms: 4
Rent: 31028
Furnished: Yes
Leased: No
Occupied: Yes
Description: Unit A Short Term

Unit 2

Full Baths: Yes
Number of Rooms: 3
Rent: 10740
Furnished: No
Leased: Yes
Occupied: Yes
Description: Unit B Long Term

Unit 3

Full Baths: Yes
Number of Rooms: 3
Rent: 9000
Furnished: No
Leased: Yes
Occupied: Yes
Description: Unit C Long Term

Remarks & Miscellaneous

Public Remarks: Nestled in the heart of beautiful downtown Long Beach in the Golf Cart district, this unique property has so much to offer! Three units, all producing generous income with so much more potential. Unit A is a 2 bed / 1 bath 865 square foot space currently being operated as a short term rental (see photos). Freshly renovated and tastefully decorated; this unit generated $31,028 last year. Unit B is 1 bed / 1 bath 662 square foot space long term rented that made $10,740 last year under lease until July 2024. And then there is unit C which is a 1 bed / 1 bath 552 square foot space that made $9,000 last year under lease until August 2024. Gross income for the whole property is $50,768 last year. The possibilities are endless... live in one of the units and enjoy the lifestyle that this location provides. Keep as an operating business (owner will sell furnishings to keep operating for $8,500). Just a short walk or golf cart ride to the beach, shopping, dinning, and entertainment downtown. Pictures of units B and C are not presently available (renters don't want photos). Photos on this site are of Unit A. Relaxing hot tub in a private yard, soothing colors, new appliances, etc.

Structure Type

Triplex: Yes

Income & Expenses

Gross Operating Income: 50768

Architectural Style

Traditional: Yes

Lot Features

City Lot: Yes
Front Yard: Yes
Near Beach: Yes

Additional Type Details

Apartments - 5 or Fewer: Yes

Levels

Two: Yes

Sewer

Public Sewer: Yes

Water Source

Public: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Waterfront Features

None: Yes

Interior Features

Stone Counters: Yes

Utilities

Cable Available: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes
Sewer Connected: Yes
Water Connected: Yes
Natural Gas in Kitchen: Yes

Owner Pays

Electricity: Yes
Gas: Yes
Sewer: Yes
Taxes: Yes
Water: Yes

Pets Allowed

Cats OK: Yes
Dogs OK: Yes

Kitchen Features

Natural Marble Counters: Yes

Bathroom Features

5 Foot Tub: Yes

Fireplace Features

None: Yes

Appliances

Dishwasher: Yes
Free-Standing Gas Range: Yes

Walls - Interior

Sheetrock: Yes

Flooring

Luxury Vinyl: Yes

Window Features

Aluminum Frames: Yes

Door Features

Dead Bolt Lock(s): Yes

Security Features

Smoke Detector(s): Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Ductless: Yes

Heating

Central: Yes
Ductless: Yes

Foundation Details

Slab: Yes

Exterior Construction/Siding

Block: Yes

Roof

Architectural Shingles: Yes

Exterior Features

Balcony: Yes
Courtyard: Yes
Private Entrance: Yes
Private Yard: Yes

Patio And Porch Features

Other: Yes

Fencing

Privacy: Yes
Wood: Yes

Driveway Features

Gravel Drive: Yes

Community Features

Boating: Yes
Fishing: Yes
Schools Nearby: Yes
Shopping Nearby: Yes

Water Heater

40 Gallons or Less: Yes
Electric: Yes
Two or More: Yes

Disclosures

None: Yes

Approx Age Code

Older Home 25+ Years: Yes

Parking Spaces

2 Space Unit: Yes

Lease Term

12 Months: Yes

Unit 1 Appliances

Microwave: Yes
Range: Yes
Refrigerator: Yes
Water Heater - Electric: Yes

Unit 2 Appliances

Range: Yes
Refrigerator: Yes
Water Heater - Electric: Yes

Unit 3 Appliances

Range: Yes
Refrigerator: Yes
Water Heater - Electric: Yes

Listing Office: Coldwell Banker Alfonso Realty-Lorraine Rd

Listing Agent: Philip J Leblanc

Last Updated: November - 15 - 2024