2416 Gladiolus Street, A&B, Ocean Springs, MS 39564

$283,000
Property Type: Residential Bedrooms: 6 Square Footage: 3,000 Lot Size (sq. ft.): 4,356 Status: Closed
Current Price: $283,000 List Date: 3/01/2025 Last Modified: 5/01/2025

Overview

Description

Exceptional investment opportunity with this spacious duplex townhome! Each side features 3 bedrooms and 3 full bathrooms, offering strong cash flow potential. Unit B is currently rented month-to-month at $1,400, while Unit A is vacant and in need of minor cosmetic repairs. The seller is willing to either allocate funds or complete the necessary updates with an acceptable offer. With only minor updates needed, this property presents significant upside. The downstairs includes a guest bedroom and bath, while the rest, including the master suite, are located upstairs. Situated in a rapidly growing area with new single-family homes nearby, this property is priced below a comparable unit that recently sold. Located in one of the fastest-growing cities on the MS Gulf Coast and within a top-rated school district, this is an opportunity you don't want to miss. Just moments from entertainment and with easy interstate access, units like this don't last long. Schedule your showing today ...

Listing Details MLS# 4105267

General Property Information

Property Sub Type
Multi Family
New Construction
No
Approx Lot Size Acres
0.1
Approx H/C SqFt
3000
SqFt Source
Owner
List Price/SqFt
95
Year Built
2009
Year Built Source
Public Records
Total Floors
2
Bedrooms Total
6
Bathrooms Full
6
Fireplace
No
Pool
No
Home Warranty
No
Accessibility Features
No
Garage Spaces
0
Carport Spaces
0
Bathrooms Half
0
Bathrooms Three Quarter
0

Property Features

Structure Type: Multi Family Architectural Style: Traditional Levels: Two Covenants And Restrictions: Homeowner Association; Restrictive Covenants Association Fee Includes: Management; Pool Service Appliances: Dishwasher; Free-Standing Electric Range; Microwave; Refrigerator Walls - Interior: Sheetrock Flooring: Carpet; Laminate Window Features: Blinds Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup Cooling: Central Air Heating: Central; Electric Utilities: Electricity Connected; Sewer Connected; Water Connected Sewer: Public Sewer Water Source: Private Foundation Details: Slab Listing Terms: Cash; Conventional; FHA; USDA Loan; VA Loan Roof: Architectural Shingles Patio And Porch Features: Front Porch Exterior Features: Balcony Parking Features: Concrete Community Features: Pool Disclosures: As Is

Address and Location Information

Street Number
2416
Street Name
Gladiolus
Street Suffix
Street
County
Jackson
State
MS
Zip Code
39564
Unit #
A&B
Parcel Number
0-61-30-013.000
Subdivision
Orleans Place
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
2335
Tax Year
2023
Homestead Y/N
No
Additional Exemptions Y/N
No
Flood Insurance Required?
No
Annual Home Insurance
3116
Leasehold Y/N
No
Association
Yes
Association Fee
60
Association Fee Frequency
Monthly
Covenants Y/N
Yes
Legal Description
LOT 13 ORLEANS PLACE PH I PB 23-71 (404 MAP783.08) DB 1765-492

Status Change Info

Contract Date/Pending Date
2025-03-21
Closing Date
2025-04-30
Appraised SqFt
2972
Sold Price/SqFt
94.33

More Information

Parking Features

Parking Total
4
Concrete
Yes

Showing Requirements

Showing
Appointment Required
Appointment Phone
800-746-9464
Lockbox Location
Front Door

Remarks & Miscellaneous

Public Remarks
Exceptional investment opportunity with this spacious duplex townhome! Each side features 3 bedrooms and 3 full bathrooms, offering strong cash flow potential. Unit B is currently rented month-to-month at $1,400, while Unit A is vacant and in need of minor cosmetic repairs. The seller is willing to either allocate funds or complete the necessary updates with an acceptable offer. With only minor updates needed, this property presents significant upside. The downstairs includes a guest bedroom and bath, while the rest, including the master suite, are located upstairs. Situated in a rapidly growing area with new single-family homes nearby, this property is priced below a comparable unit that recently sold. Located in one of the fastest-growing cities on the MS Gulf Coast and within a top-rated school district, this is an opportunity you don't want to miss. Just moments from entertainment and with easy interstate access, units like this don't last long. Schedule your showing today! Home does qualify for 100% USDA financing

Structure Type

Multi Family
Yes

Architectural Style

Traditional
Yes

Covenants And Restrictions

Homeowner Association
Yes
Restrictive Covenants
Yes

Levels

Two
Yes

Sewer

Public Sewer
Yes

Water Source

Private
Yes

Listing Terms

Cash
Yes
Conventional
Yes
FHA
Yes
USDA Loan
Yes
VA Loan
Yes

Association Fee Includes

Management
Yes
Pool Service
Yes

Utilities

Electricity Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Appliances

Dishwasher
Yes
Free-Standing Electric Range
Yes
Microwave
Yes
Refrigerator
Yes

Walls - Interior

Sheetrock
Yes

Flooring

Carpet
Yes
Laminate
Yes

Window Features

Blinds
Yes

Laundry Features

Electric Dryer Hookup
Yes
In Unit
Yes
Washer Hookup
Yes

Cooling

Central Air
Yes

Heating

Central
Yes
Electric
Yes

Foundation Details

Slab
Yes

Exterior Construction/Siding

HardiPlank Type
Yes

Roof

Architectural Shingles
Yes

Exterior Features

Balcony
Yes

Patio And Porch Features

Front Porch
Yes

Community Features

Pool
Yes

Disclosures

As Is
Yes
Listing Office: Century 21 Busch Realty Group
Listing Agent: Carl Watson
Last Updated: May - 01 - 2025
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.