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: $125,000 List Date: 10/04/2016 Last Modified: 11/14/2024

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)

More Information MLS# 3304341

Address and Location Information

Parcel Number: 0611p-05-071.001 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 Street Number: 320 Street Direction: N Street Name: Park Row Street Suffix: Avenue County: Harrison State: MS Zip Code: 39560 Subdivision: Brazelton

General Property Information

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

Tax and Financial Information

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

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)

Status Change Info

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

Income & Expenses

Annual Net Income: 0 Gross Operating Income: 0

Listing Terms

Cash: 1 Conventional: 1

Walls - Interior

Sheetrock: 1

Flooring

Carpet: 1 Other: 1 See Remarks: 1

Cooling

Central Air: 1 Electric: 1

Heating

Electric: 1

Foundation Details

Slab: 1

Exterior Construction/Siding

Brick Veneer: 1

Water Heater

40 Gallons or Less: 1

Approx Age Code

Older Home 25+ Years: 1

Parking Spaces

1 Space Unit: 1

Unit 1

Bedrooms: 2 Full Baths: 1 Furnished: No

Unit 2

Bedrooms: 2 Full Baths: 1 Furnished: No

Unit 3

Bedrooms: 2 Full Baths: 1 Furnished: No

Unit 4

Bedrooms: 2 Full Baths: 1 Furnished: No

Listing Information

Status: Closed List Date: 2016-06-20 List Price: $125,000 Current Price: $110,000

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

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.