320 N Park Row Avenue, Long Beach, MS 39560

$110,000
Property Type: Res Income Multi-Fam Square Footage: 4,030 Status: Closed
Current Price: $110,000 List Date: 10/04/2016 Last Modified: 11/14/2024

Overview

Description

Where are my investors?! Are you looking for cash flow? This 4 plex is being updated for tenants. Unit 1 is occupied during the repairs/upgrades. Other units available for rent or show. At this price, it could be a 15.7% return on investment!* Who cares if the S&P loses 500 points? Rent is due on the 1st. *(using a rent of $600/mo/unit and a holding cost of 30% for Taxes, Insurance, Management, Vacancy and Maintenance)

Listing Details MLS# 3304341

General Property Information

# of Units Included in Sale
4
Lot Size Dimensions
120.0 X 75.0 X 120.0 X 75.0
Approx H/C SqFt
4030
SqFt Source
Public Records
List Price/SqFt
31.01
Year Built
1941
Year Built Source
Public Records
New Construction
No

Property Features

Walls - Interior: Sheetrock Flooring: Carpet; Other; See Remarks Cooling: Central Air; Electric Heating: Electric Foundation Details: Slab Listing Terms: Cash; Conventional Water Heater: 40 Gallons or Less Approx Age Code: Older Home 25+ Years Parking Spaces: 1 Space Unit

Address and Location Information

Street Number
320
Street Direction
N
Street Name
Park Row
Street Suffix
Avenue
County
Harrison
State
MS
Zip Code
39560
Parcel Number
0611p-05-071.001
Subdivision
Brazelton
Directions to Property
90 to Nicholson Ave in Long Beach. Cross railroad tracks and proceed north on Nicholson. Right on E. Old Pass Rd, then Left onto Park Row Ave. right onto 9th St, building on right.
N or S of I-10
S
N or S of CSX Railroad Track
N

Tax and Financial Information

Tax Annual Amount
1887
Flood Insurance Required?
No
Legal Description
LOTS 42 TO 44 BLK 5 BRAZELTON SUBD

Status Change Info

Contract Date/Pending Date
2016-10-27
Closing Date
2016-11-09
Sold Price/SqFt
27.3

More Information

Unit 1

Full Baths
Yes
Furnished
No

Unit 2

Full Baths
Yes
Furnished
No

Unit 3

Full Baths
Yes
Furnished
No

Unit 4

Full Baths
Yes
Furnished
No

Remarks & Miscellaneous

Public Remarks
Where are my investors?! Are you looking for cash flow? This 4 plex is being updated for tenants. Unit 1 is occupied during the repairs/upgrades. Other units available for rent or show. At this price, it could be a 15.7% return on investment!* Who cares if the S&P loses 500 points? Rent is due on the 1st. *(using a rent of $600/mo/unit and a holding cost of 30% for Taxes, Insurance, Management, Vacancy and Maintenance)

Income & Expenses

Annual Net Income
0
Gross Operating Income
0

Listing Terms

Cash
Yes
Conventional
Yes

Walls - Interior

Sheetrock
Yes

Flooring

Carpet
Yes
Other
Yes
See Remarks
Yes

Cooling

Central Air
Yes
Electric
Yes

Heating

Electric
Yes

Foundation Details

Slab
Yes

Exterior Construction/Siding

Brick Veneer
Yes

Water Heater

40 Gallons or Less
Yes

Approx Age Code

Older Home 25+ Years
Yes

Parking Spaces

1 Space Unit
Yes

Documents

Listing Office: Ashman-Mollere Realty, Inc.
Listing Agent: Micah L Tinkler
Last Updated: November - 14 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.