2524 28th Street, Gulfport, MS 39501
$590,007
Property Type:
Res Income Multi-Fam
Bedrooms:
14
Square Footage:
12,960
Lot Size (sq. ft.):
21,344
Status:
Closed
Current Price:
$575,000
List Date:
2/07/2023
Last Modified:
11/15/2024
Description
This unique 14 unit multifamily property includes 4 studio units and 10 one bedroom units. The property has historically operated at approximately 95% with an average unit monthly rental rate of $645. The property includes a small coin operated laundry mat.
More Information MLS# 4039044
Address and Location Information
Parcel Number: 0810n-04-063.000
N or S of I-10: S
N or S of CSX Railroad Track: N
Street Number: 2524
Street Name: 28th
Street Suffix: Street
County: Harrison
State: MS
Zip Code: 39501
Subdivision: Metes And Bounds
Listing Information
Listing Service: Full Service
Status: Closed
List Date: 2023-02-07
List Price: $575,000
Current Price: $590,007
General Property Information
New Construction: No
# of Units Included in Sale: 14
Approx Lot Size Acres: 0.49
SqFt Source: Assessor
List Price/SqFt: 44.37
Year Built Source: Assessor
Total Floors: 1
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Furnished: No
Accessibility Features: No
Approx H/C SqFt: 12960
Year Built: 1940
Bedrooms Total: 14
Bathrooms Full: 14
Tax and Financial Information
Tax Annual Amount: 4103
Tax Year: 2021
Homestead Y/N: No
Additional Exemptions Y/N: No
Flood Insurance Required?: Subject to Survey
Leasehold Y/N: No
Association: No
Covenants Y/N: No
Legal Description: DOBBS, EARLINE H. -DC- LOTS 9 & 10 BLK. 24 STANDARD LAND
Remarks & Miscellaneous
Public Remarks: This unique 14 unit multifamily property includes 4 studio units and 10 one bedroom units. The property has historically operated at approximately 95% with an average unit monthly rental rate of $645. The property includes a small coin operated laundry mat.
Status Change Info
Appraised SqFt: 1
Sold Price/SqFt: 45.53
Contract Date/Pending Date: 2023-02-20
Closing Date: 2023-07-21
Structure Type
Cluster: 1
Income & Expenses
Annual Net Income: 52548
Gross Operating Income: 108360
Total Operating Expenses: 50394
Vacancy Factor: 5%
Lot Features
Corner Lot: 1
Additional Type Details
Apartment Complex: 1
Levels
One: 1
Sewer
See Remarks: 1
Water Source
Public: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
See Remarks: 1
Waterfront Features
Waterfront: No
Showing Requirements
Showing: Appointment Required
Utilities
See Remarks: 1
Owner Pays
Exterior Maintenance: 1
Grounds Care: 1
Insurance: 1
Sewer: 1
Taxes: 1
Trash Collection: 1
Water: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Gas: 1
Cooling
Window Unit(s): 1
Heating
Other: 1
Foundation Details
Pillar/Post/Pier: 1
Exterior Construction/Siding
Siding: 1
Roof
Shingle: 1
Exterior Features
See Remarks: 1
Parking Features
On Site: 1
Property Features
Structure Type: Cluster
Additional Type Details: Apartment Complex
Lot Features: Corner Lot
Levels: One
Owner Pays: Exterior Maintenance; Grounds Care; Insurance; Taxes; Trash Collection; Water
Tenant Pays: Cable TV; Electricity; Gas
Cooling: Window Unit(s)
Heating: Other
Utilities: See Remarks
Sewer: See Remarks
Water Source: Public
Foundation Details: Pillar/Post/Pier
Listing Terms: 1031 Exchange; Cash; Conventional; See Remarks
Roof: Shingle
Exterior Features: See Remarks
Parking Features: On Site
Listing Office:
Boddie Real Estate, LLC
Listing Agent:
Nathan V Boddie
Last Updated: November - 15 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.