406 Russell Avenue, Long Beach, MS 39560

$600,000
Property Type: Res Income Multi-Fam Bedrooms: 6 Square Footage: 4,028 Lot Size (sq. ft.): 16,553 Status: Closed
Current Price: $600,000 List Date: 11/04/2022 Last Modified: 11/15/2024

Overview

Description

Well cared for, income producing, fully occupied 5 unit complex, is located a short stroll from the beach, but NOT IN FLOOD ZONE. Excellently cared for apartments, 4 units in front building are 1 br, 1 bath, 2 story, all with large bedrooms and living rooms, 2nd building is all tile, 2 bedrooms and has a screened in back porch and is 1 story. New roof in 2022. Each unit has water and dryer along with icemaker in freezer. Low maintenance and all units under lease.

Listing Details MLS# 4032959

General Property Information

# of Units Included in Sale
5
Approx Lot Size Acres
0.38
Lot Size Dimensions
163 x 100 x 163 x 102
Approx H/C SqFt
4028
SqFt Source
Public Records
List Price/SqFt
152.93
Year Built
1974
Year Built Source
Assessor
Total Floors
2
Bedrooms Total
6
Bathrooms Full
5
Furnished
No
Pool
No
School District
Long Beach Dist
Elementary School
Harper Mccaughan
Middle or Junior School
Long Beach Middle School
High School
Long Beach
Accessibility Features
No
New Construction
No
Property Condition
Updated/Remodeled
Garage Spaces
0
Carport Spaces
0
Bathrooms Half
0
Bathrooms Three Quarter
0

Property Features

Structure Type: Quadruplex Additional Type Details: Apartment Complex; Apartments - 5 or Fewer Lot Features: City Lot; Level; Near Beach Levels: Two Owner Pays: Exterior Maintenance; Grounds Care; Repairs; Taxes; Trash Collection; Water Tenant Pays: Cable TV; Deposit; Electricity Interior Features: Bar; Breakfast Bar; Ceiling Fan(s); Granite Counters; His and Hers Closets; Open Floorplan; Pantry; Soaking Tub; Storage; Walk-In Closet(s) Kitchen Features: Breakfast Bar; Custom Cabinets; Granite Counters; Kitchen/Family Room View Bathroom Features: Ceramic Tile Fireplace Features: None Appliances: Dishwasher; Electric Range; Ice Maker; Microwave; Refrigerator; Vented Exhaust Fan; Washer/Dryer Stacked; Water Heater Walls - Interior: Sheetrock Flooring: Carpet; Tile Window Features: Blinds; Double Pane Windows; Screens Door Features: Dead Bolt Lock(s); Insulated Laundry Features: In Kitchen Security Features: Security Lights; Smoke Detector(s) Cooling: Ceiling Fan(s); Central Air; Exhaust Fan; Heat Pump Heating: Central; Electric; Heat Pump Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Sewer: Public Sewer Water Source: Public Foundation Details: Slab Listing Terms: Cash; Conventional Roof: Architectural Shingles Exterior Features: Lighting Patio And Porch Features: Front Porch; Rear Porch; Slab Fencing: Wood Driveway Features: Concrete Drive Parking Features: Concrete Other Structures: Shed(s) Community Features: Near Entertainment; Street Lights Waterfront Features: Beach Access Water Heater: Electric Lease Term: See Remarks Disclosures: Lead Paint Approx Age Code: Older Home 25+ Years Available Documents: Leases; Tax Info Unit 1 Appliances: Dishwasher; Disposal; Dryer; Free Standing Stove; Microwave; Range; Refrigerator; Vent Fan; Washer; Water Heater - Electric Unit 2 Appliances: Dishwasher; Dryer; Free Standing Stove; Ice Machine; Microwave; Range; Refrigerator; Vent Fan; Washer; Water Heater - Electric Unit 3 Appliances: Dishwasher; Dryer; Free Standing Stove; Microwave; Refrigerator; Vent Fan; Washer Unit 4 Appliances: Dishwasher; Disposal; Dryer; Free Standing Stove; Microwave; Refrigerator; Vent Fan; Washer; Water Heater - Electric Unit 5 Appliances: Dishwasher; Disposal; Dryer; Free Standing Stove; Ice Machine; Microwave; Refrigerator; Vent Fan; Washer; Water Heater - Electric

Address and Location Information

Street Number
406
Street Name
Russell
Street Suffix
Avenue
County
Harrison
State
MS
Zip Code
39560
Parcel Number
0612f-02-023.000
Subdivision
Kohler & Russell
Directions to Property
From Hwy 49 in Long Beach, Turn north onto Russell. 406 Russell will be on the left.
N or S of I-10
S
N or S of CSX Railroad Track
S

Listing Information

Listing Service
Full Service
Never Occupied
No

Tax and Financial Information

Tax Annual Amount
4839
Tax Year
2020
Homestead Y/N
No
Additional Exemptions Y/N
No
Flood Insurance Required?
No
Annual Home Insurance
6073
Leasehold Y/N
No
Sold In Previous 12 Months
No
Association
No
Covenants Y/N
No
Legal Description
LOTS 5 TO 8 BLK 18 KOHLER & RUSSELL

Status Change Info

Contract Date/Pending Date
2023-04-09
Closing Date
2023-06-16
Appraised SqFt
4020
Sold Price/SqFt
148.96

More Information

Showing Requirements

Showing
Appointment Required

Basement Features

Basement
No

Unit 1

Full Baths
Yes
Number of Rooms
3
Rent
870
Furnished
No
Leased
Yes
Occupied
Yes

Unit 2

Full Baths
Yes
Number of Rooms
3
Rent
875
Furnished
No
Leased
Yes
Occupied
No

Unit 3

Full Baths
Yes
Rent
800
Furnished
No
Leased
Yes
Occupied
Yes
Description
Officer Discount

Unit 4

Full Baths
Yes
Number of Rooms
3
Rent
900
Furnished
No
Leased
Yes
Occupied
Yes

Unit 5

Full Baths
2
Number of Rooms
5
Rent
975
Furnished
No
Leased
Yes
Occupied
Yes

Remarks & Miscellaneous

Public Remarks
Well cared for, income producing, fully occupied 5 unit complex, is located a short stroll from the beach, but NOT IN FLOOD ZONE. Excellently cared for apartments, 4 units in front building are 1 br, 1 bath, 2 story, all with large bedrooms and living rooms, 2nd building is all tile, 2 bedrooms and has a screened in back porch and is 1 story. New roof in 2022. Each unit has water and dryer along with icemaker in freezer. Low maintenance and all units under lease.

Structure Type

Quadruplex
Yes

Income & Expenses

Offsite Management
0
Onsite Management
0
Vacancy Factor
No

Lot Features

City Lot
Yes
Level
Yes
Near Beach
Yes

Additional Type Details

Apartment Complex
Yes
Apartments - 5 or Fewer
Yes

Levels

Two
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Waterfront Features

Beach Access
Yes

Interior Features

Bar
Yes
Breakfast Bar
Yes
Ceiling Fan(s)
Yes
Granite Counters
Yes
His and Hers Closets
Yes
Open Floorplan
Yes
Pantry
Yes
Soaking Tub
Yes
Storage
Yes
Walk-In Closet(s)
Yes

Utilities

Cable Available
Yes
Electricity Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Owner Pays

Exterior Maintenance
Yes
Grounds Care
Yes
Repairs
Yes
Taxes
Yes
Trash Collection
Yes
Water
Yes

Tenant Pays

Cable TV
Yes
Deposit
Yes
Electricity
Yes

Kitchen Features

Breakfast Bar
Yes
Custom Cabinets
Yes
Granite Counters
Yes
Kitchen/Family Room View
Yes

Bathroom Features

Ceramic Tile
Yes

Fireplace Features

None
Yes

Appliances

Dishwasher
Yes
Electric Range
Yes
Ice Maker
Yes
Microwave
Yes
Refrigerator
Yes
Vented Exhaust Fan
Yes
Washer/Dryer Stacked
Yes
Water Heater
Yes

Walls - Interior

Sheetrock
Yes

Flooring

Carpet
Yes
Tile
Yes

Window Features

Blinds
Yes
Double Pane Windows
Yes
Screens
Yes

Door Features

Dead Bolt Lock(s)
Yes
Insulated
Yes

Laundry Features

In Kitchen
Yes

Security Features

Security Lights
Yes
Smoke Detector(s)
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes
Exhaust Fan
Yes
Heat Pump
Yes

Heating

Central
Yes
Electric
Yes
Heat Pump
Yes

Foundation Details

Slab
Yes

Exterior Construction/Siding

Brick Veneer
Yes

Roof

Architectural Shingles
Yes

Exterior Features

Lighting
Yes

Patio And Porch Features

Front Porch
Yes
Rear Porch
Yes
Slab
Yes

Fencing

Wood
Yes

Driveway Features

Concrete Drive
Yes

Parking Features

Concrete
Yes

Other Structures

Shed(s)
Yes

Community Features

Near Entertainment
Yes
Street Lights
Yes

Water Heater

Electric
Yes

Available Documents

Leases
Yes
Tax Info
Yes

Disclosures

Lead Paint
Yes

Approx Age Code

Older Home 25+ Years
Yes

Uncovered Parking?

1-25 Spaces
Yes

Lease Term

See Remarks
Yes

Unit 1 Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Free Standing Stove
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Vent Fan
Yes
Washer
Yes
Water Heater - Electric
Yes

Unit 2 Appliances

Dishwasher
Yes
Dryer
Yes
Free Standing Stove
Yes
Ice Machine
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Vent Fan
Yes
Washer
Yes
Water Heater - Electric
Yes

Unit 3 Appliances

Dishwasher
Yes
Dryer
Yes
Free Standing Stove
Yes
Microwave
Yes
Refrigerator
Yes
Vent Fan
Yes
Washer
Yes

Unit 4 Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Free Standing Stove
Yes
Microwave
Yes
Refrigerator
Yes
Vent Fan
Yes
Washer
Yes
Water Heater - Electric
Yes

Unit 5 Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Free Standing Stove
Yes
Ice Machine
Yes
Microwave
Yes
Refrigerator
Yes
Vent Fan
Yes
Washer
Yes
Water Heater - Electric
Yes
Listing Office: McDaniel Realty Group, LLC
Listing Agent: Gaye McDaniel
Source MLS Verified
Last Updated: November - 15 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.