643 Rio St Street, Jackson, MS 39202
$625,000
Property Type:
Res Income Multi-Fam
Bedrooms:
8
Square Footage:
5,032
Lot Size (sq. ft.):
10,890
Status:
Closed
Current Price:
$625,000
List Date:
1/05/2023
Last Modified:
11/15/2024
Description
**Investment Property Opportunity** Don't miss a great opportunity to own an 8-unit apartment. Each unit is a 1 bedroom 1 bath with a living area. Property is convenient and currently completely rented.
More Information MLS# 4013886
Address and Location Information
Parcel Number: 25-22-1
Directions to Property: From I-55 take High St. exit. Turn Right onto Rio St. Property is on the left
Community Of: N/A
Street Number: 643
Street Name: Rio St
Street Suffix: Street
County: Hinds
State: MS
Zip Code: 39202
Subdivision: Belhaven/Belhaven Heights
Listing Information
Listing Service: Full Service
Status: Closed
List Date: 2022-04-07
List Price: $625,000
Current Price: $625,000
General Property Information
New Construction: No
# of Units Included in Sale: 8
Approx Lot Size Acres: 0.25
SqFt Source: Public Records
List Price/SqFt: 124.21
Year Built Source: Public Records
Total Floors: 2
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Furnished: No
School District: Jackson Public
Elementary School: Casey
Elementary School 2: N/A
Intermediate School: N/A
Middle or Junior School: Bailey APAC
High School: Murrah
Accessibility Features: No
Approx H/C SqFt: 5032
Year Built: 1985
Bedrooms Total: 8
Bathrooms Full: 8
Tax and Financial Information
Tax Annual Amount: 4399.87
Tax Year: 2021
Homestead Y/N: No
Additional Exemptions Y/N: No
Flood Insurance Required?: No
Leasehold Y/N: No
Association: No
Covenants Y/N: No
Legal Description: BEG 81.2 FT N & 150 FT E INT E/L JEFFERSON
ST & N/L SPENGLER ST E 140 FT S 92.1 FT W
140 FT N 84.9 FT TO POB IN 5 AC LOT 13 N J
Remarks & Miscellaneous
Public Remarks: **Investment Property Opportunity** Don't miss a great opportunity to own an 8-unit apartment. Each unit is a 1 bedroom 1 bath with a living area. Property is convenient and currently completely rented.
Status Change Info
Appraised SqFt: 5320
Sold Price/SqFt: 124.21
Contract Date/Pending Date: 2023-04-06
Closing Date: 2023-05-25
Structure Type
Multi Family: 1
Income & Expenses
Annual Net Income: 66072
Levels
Two: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Listing Terms
Cash: 1
Conventional: 1
Waterfront Features
None: 1
Showing Requirements
Showing: Appointment Required
Utilities
Electricity Connected: 1
Cooling
Central Air: 1
Heating
Central: 1
Foundation Details
Slab: 1
Exterior Construction/Siding
Brick Veneer: 1
Other: 1
Roof
Asphalt: 1
Exterior Features
Balcony: 1
Parking Features
Parking Total: 8
Uncovered Parking?
1-25 Spaces: 1
Property Features
Structure Type: Multi Family
Levels: Two
Cooling: Central Air
Heating: Central
Utilities: Electricity Connected
Sewer: Public Sewer
Water Source: Public
Foundation Details: Slab
Listing Terms: Cash; Conventional
Roof: Asphalt
Exterior Features: Balcony
Waterfront Features: None
Listing Office:
Havard Real Estate Group, LLC
Listing Agent:
Drew Jackson
Last Updated: November - 15 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.