330 Porter Avenue, Biloxi, MS 39530

$250,000
Property Type: Res Income Multi-Fam Bedrooms: 5 Square Footage: 2,300 Lot Size (sq. ft.): 6,970 Status: Closed
Current Price: $279,000 List Date: 7/26/2022 Last Modified: 11/15/2024

Description

What a great location and charming rental...all 4 units! The front cottage contains 2 units, and the back duplex is an upstairs/downstairs plan. Adorable cottage neighborhood with side-walked streets. Perfect for a short walk to Bay Terrace Park or the beach! The property includes a carport that can be leased or provided to one unit. The grounds have a shared storage unit with ample space plus a shared utility room with washer and dryer. Units are clean and recently remodeled. Tenants are neat and want to stay! Some of the following has been completed on the units (comprehensive list attached), new flooring, paint, appliances, fixtures, counter tops. PLUS, major bonus these days...a NEW roof!!! This location is central on the coast and easy access (5 minutes easy!) to Casinos, Promenade, beaches, Biloxi entertainment, Ocean Springs! Ready for offers. This one is a GEM! Client ready for offers! No problems renting here! Call Now. ''Note: Property is zoned RS5 Single Family Residential High Density, Duplex is grandfathered in. This property is being marketed as a multifamily because of the duplex. Buyer to satisfy all zoning questions in their home inspection period.''

More Information MLS# 4024419

Address and Location Information

Parcel Number: 1310h-01-033.000 Directions to Property: From the intersection of Hwy 90 and Porter (the lighthouse intersection), go north, after crossing Division Street, the property is located on the northeast corner of Frank P Corso and Porter. N or S of I-10: S N or S of CSX Railroad Track: N Street Number: 330 Street Name: Porter Street Suffix: Avenue County: Harrison State: MS Zip Code: 39530 Subdivision: Bay Terrace

Listing Information

Listing Service: Full Service Status: Closed List Date: 2022-07-25 List Price: $279,000 Current Price: $250,000

General Property Information

New Construction: No Property Condition: Updated/Remodeled # of Units Included in Sale: 4 Approx Lot Size Acres: 0.16 Lot Size Dimensions: 60x120 SqFt Source: Estimated List Price/SqFt: 121.3 Year Built Source: Assessor Garage Spaces: 1 Total Floors: 2 Bathrooms Half: 0 Bathrooms Three Quarter: 0 Furnished: No Pool: No School District: Biloxi Public Dist Middle or Junior School: Biloxi Jr High High School: Biloxi Accessibility Features: No Approx H/C SqFt: 2300 Year Built: 1948 Bedrooms Total: 5 Bathrooms Full: 4

Tax and Financial Information

Tax Annual Amount: 1428 Tax Year: 2021 Homestead Y/N: No Additional Exemptions Y/N: No Zoning: Res High Density Flood Insurance Required?: Yes Annual Flood Insurance: 1850 Annual Home Insurance: 3965 Leasehold Y/N: No Sold In Previous 12 Months: No Association: No Covenants Y/N: No Legal Description: LOT 4 BLK 5 BAY TERRACE.

Remarks & Miscellaneous

Public Remarks: What a great location and charming rental...all 4 units! The front cottage contains 2 units, and the back duplex is an upstairs/downstairs plan. Adorable cottage neighborhood with side-walked streets. Perfect for a short walk to Bay Terrace Park or the beach! The property includes a carport that can be leased or provided to one unit. The grounds have a shared storage unit with ample space plus a shared utility room with washer and dryer. Units are clean and recently remodeled. Tenants are neat and want to stay! Some of the following has been completed on the units (comprehensive list attached), new flooring, paint, appliances, fixtures, counter tops. PLUS, major bonus these days...a NEW roof!!! This location is central on the coast and easy access (5 minutes easy!) to Casinos, Promenade, beaches, Biloxi entertainment, Ocean Springs! Ready for offers. This one is a GEM! Client ready for offers! No problems renting here! Call Now. ''Note: Property is zoned RS5 Single Family Residential High Density, Duplex is grandfathered in. This property is being marketed as a multifamily because of the duplex. Buyer to satisfy all zoning questions in their home inspection period.''

Status Change Info

Appraised SqFt: 2400 Sold Price/SqFt: 108.7 Contract Date/Pending Date: 2022-08-17 Closing Date: 2022-10-27

Structure Type

Multi Family: 1

Income & Expenses

Annual Net Income: 21080 Gross Operating Income: 35100 Total Operating Expenses: 8755 Vacancy Factor: 15%

Architectural Style

Bungalow: 1

Lot Features

City Lot: 1 Cleared: 1

Additional Type Details

Apartments - 5 or Fewer: 1

Levels

Multi/Split: 1

Sewer

Public Sewer: 1

Water Source

Public: 1

Listing Terms

Cash: 1 Conventional: 1

Workshop Features

Workshop: No

Waterfront Features

Waterfront: No

Showing Requirements

Showing: Appointment Required

Utilities

Cable Available: 1 Electricity Connected: 1 Natural Gas Connected: 1 Phone Available: 1 Sewer Connected: 1 Water Connected: 1

Owner Pays

All Utilities: 1 Cooling: 1 Electricity: 1 Gas: 1 Heating: 1 Sewer: 1 Water: 1

Tenant Pays

All Utilities: 1 Cooling: 1 Electricity: 1 Gas: 1 Heating: 1

Appliances

Electric Water Heater: 1 Range: 1 Refrigerator: 1

Walls - Interior

Sheetrock: 1

Flooring

Carpet: 1 Tile: 1 Wood: 1

Window Features

Blinds: 1

Laundry Features

Common Area: 1

Cooling

Central Air: 1 Electric: 1

Heating

Central: 1

Foundation Details

Concrete Perimeter: 1 Slab: 1

Exterior Construction/Siding

Block: 1 Wood Siding: 1

Roof

Architectural Shingles: 1

Exterior Features

Private Yard: 1

Patio And Porch Features

Front Porch: 1

Driveway Features

Concrete Drive: 1

Parking Features

Parking Total: 5 Carport: 1 Common: 1 Driveway: 1 Gravel: 1 On Street: 1

Other Structures

Storage: 1

Community Features

Boating: 1 Near Entertainment: 1 Park: 1 Playground: 1 Sidewalks: 1 Tennis Court(s): 1

Barn Features

Barn: No

Horse Amenities

Horse Amenities: No

Attic Features

Attic: No

Basement Features

Basement: No

Flood Insurance

Subject to Survey: 1 Unknown: 1

Water Heater

Electric: 1

Documents

Floodway Map: 1 Plot Plan/Survey: 1

Approx Age Code

Older Home 25+ Years: 1

Parking Spaces

# Parking Spaces Covered: 1 # Parking Spaces Uncovered: 4 Units Vary: 1

Lease Term

Month To Month: 1

Unit 1

Bedrooms: 2 Full Baths: 1 Number of Rooms: 4 Rent: 875 Leased: Yes Occupied: Yes

Unit 1 Appliances

Range: 1 Refrigerator: 1 Water Heater - Gas: 1

Unit 2

Bedrooms: 1 Full Baths: 1 Number of Rooms: 3 Rent: 800 Furnished: Yes Occupied: Yes

Unit 2 Appliances

Range: 1 Refrigerator: 1 Water Heater - Gas: 1

Unit 3

Bedrooms: 1 Full Baths: 1 Number of Rooms: 3 Rent: 625 Occupied: Yes

Unit 3 Appliances

Range: 1 Refrigerator: 1 Water Heater - Gas: 1

Unit 4

Bedrooms: 1 Full Baths: 1 Number of Rooms: 3 Rent: 625 Leased: Yes Occupied: Yes

Unit 4 Appliances

Range: 1 Refrigerator: 1 Water Heater - Gas: 1

Property Features

Structure Type: Multi Family Additional Type Details: Apartments - 5 or Fewer Architectural Style: Bungalow Lot Features: City Lot; Cleared Levels: Multi/Split Owner Pays: All Utilities; Electricity; Gas; Water Tenant Pays: All Utilities; Cooling; Electricity; Gas; Heating Appliances: Electric Water Heater; Range; Refrigerator Walls - Interior: Sheetrock Flooring: Carpet; Tile; Wood Window Features: Blinds Laundry Features: Common Area Cooling: Central Air; Electric Heating: Central Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected Sewer: Public Sewer Water Source: Public Foundation Details: Concrete Perimeter; Slab Listing Terms: Cash; Conventional Roof: Architectural Shingles Exterior Features: Private Yard Patio And Porch Features: Front Porch Driveway Features: Concrete Drive Parking Features: Carport; Common; Driveway; Gravel; On Street Other Structures: Storage Community Features: Boating; Near Entertainment; Park; Playground; Sidewalks; Tennis Court(s) Flood Insurance: Subject to Survey; Unknown Water Heater: Electric Lease Term: Month To Month Approx Age Code: Older Home 25+ Years Parking Spaces: Units Vary Unit 1 Appliances: Range; Refrigerator; Water Heater - Gas Unit 2 Appliances: Range; Refrigerator; Water Heater - Gas Unit 3 Appliances: Range; Refrigerator; Water Heater - Gas Unit 4 Appliances: Range; Refrigerator; Water Heater - Gas Documents: Floodway Map; Plot Plan/Survey
Listing Office: RE/MAX Real Estate Partners
Listing Agent: Mary Ann Clisby
Last Updated: November - 15 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.