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:
$375,000
List Date:
1/25/2024
Last Modified:
11/15/2024
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 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.
More Information MLS# 4068920
Address and Location Information
Parcel Number: 0612c-04-024.000
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
Street Number: 209
Street Name: Oak
Street Suffix: Street
County: Harrison
State: MS
Zip Code: 39560
Subdivision: Metes And Bounds
Listing Information
Listing Service: Full Service
Never Occupied: No
Status: Closed
List Date: 2024-01-25
List Price: $375,000
Current Price: $345,000
General Property Information
New Construction: No
Property Condition: Updated/Remodeled
# of Units Included in Sale: 3
Approx Lot Size Acres: 0.26
Lot Size Dimensions: 57' x 137' x 53' x 53' x 132'
SqFt Source: Appraiser
List Price/SqFt: 180.38
Year Built Source: Public Records
Garage Spaces: 0
Carport Spaces: 0
Total Floors: 2
Bathrooms Half: 0
Bathrooms Three Quarter: 0
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
Approx H/C SqFt: 2079
Year Built: 1955
Bedrooms Total: 4
Bathrooms Full: 3
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
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.
Status Change Info
Sold Price/SqFt: 165.95
Contract Date/Pending Date: 2024-02-02
Closing Date: 2024-02-23
Structure Type
Triplex: 1
Income & Expenses
Gross Operating Income: 50768
Architectural Style
Traditional: 1
Lot Features
City Lot: 1
Front Yard: 1
Near Beach: 1
Additional Type Details
Apartments - 5 or Fewer: 1
Levels
Two: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Waterfront Features
None: 1
Showing Requirements
Showing: Appointment Required
Appointment Phone: 228-860-0082
Interior Features
Stone Counters: 1
Utilities
Cable Available: 1
Electricity Connected: 1
Natural Gas Connected: 1
Sewer Connected: 1
Water Connected: 1
Natural Gas in Kitchen: 1
Owner Pays
Electricity: 1
Gas: 1
Sewer: 1
Taxes: 1
Water: 1
Pets Allowed
Cats OK: 1
Dogs OK: 1
Kitchen Features
Natural Marble Counters: 1
Bathroom Features
5 Foot Tub: 1
Fireplace Features
None: 1
Appliances
Dishwasher: 1
Free-Standing Gas Range: 1
Walls - Interior
Sheetrock: 1
Flooring
Luxury Vinyl: 1
Window Features
Aluminum Frames: 1
Door Features
Dead Bolt Lock(s): 1
Security Features
Smoke Detector(s): 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Ductless: 1
Heating
Central: 1
Ductless: 1
Foundation Details
Slab: 1
Exterior Construction/Siding
Block: 1
Roof
Architectural Shingles: 1
Exterior Features
Balcony: 1
Courtyard: 1
Private Entrance: 1
Private Yard: 1
Patio And Porch Features
Other: 1
Fencing
Privacy: 1
Wood: 1
Driveway Features
Gravel Drive: 1
Parking Features
Parking Total: 6
Driveway: 1
Gravel: 1
Community Features
Boating: 1
Fishing: 1
Schools Nearby: 1
Shopping Nearby: 1
Water Heater
40 Gallons or Less: 1
Electric: 1
Two or More: 1
Disclosures
None: 1
Approx Age Code
Older Home 25+ Years: 1
Parking Spaces
2 Space Unit: 1
Lease Term
12 Months: 1
Unit 1
Bedrooms: 2
Full Baths: 1
Number of Rooms: 4
Rent: 31028
Furnished: Yes
Leased: No
Occupied: Yes
Description: Unit A Short Term
Unit 1 Appliances
Microwave: 1
Range: 1
Refrigerator: 1
Water Heater - Electric: 1
Unit 2
Bedrooms: 1
Full Baths: 1
Number of Rooms: 3
Rent: 10740
Furnished: No
Leased: Yes
Occupied: Yes
Description: Unit B Long Term
Unit 2 Appliances
Range: 1
Refrigerator: 1
Water Heater - Electric: 1
Unit 3
Bedrooms: 1
Full Baths: 1
Number of Rooms: 3
Rent: 9000
Furnished: No
Leased: Yes
Occupied: Yes
Description: Unit C Long Term
Unit 3 Appliances
Range: 1
Refrigerator: 1
Water Heater - Electric: 1
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
Listing Office:
Coldwell Banker Alfonso Realty-Lorraine Rd
Listing Agent:
Philip J Leblanc
Last Updated: November - 15 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.