714 N President Street, Jackson, MS 39202

$390,000
Property Type: Res Income Multi-Fam Status: Closed
Current Price: $420,000 List Date: 6/10/2015 Last Modified: 11/14/2024

Description

8 plex. Each unit is 1 bd, 1ba that rents for $650 a month. Wood floors throughout. Utilities are separately metered. Owner furnishes a washer and dryer for the use of all the tenants. Gated parking lot with 8 spaces. New wiring and upgraded plumbing done in 2006. Looks real good structurally. Owner has architectural drawing to convert building into office space.

More Information MLS# 1276153

Address and Location Information

Parcel Number: 36-20-1 Directions to Property: Just north of High St on the east side Street Number: 714 Street Direction: N Street Name: President Street Suffix: Street County: Hinds State: MS Zip Code: 39202

Listing Information

Listing Service: Full Service Status: Closed List Date: 2015-06-10 List Price: $420,000 Current Price: $390,000

General Property Information

# of Units Included in Sale: 8 Lot Size Dimensions: 107x160 Total Floors: 2 Year Built: 1950

Tax and Financial Information

Tax Annual Amount: 5855 Tax Year: 2014 Flood Insurance Required?: No

Remarks & Miscellaneous

Public Remarks: 8 plex. Each unit is 1 bd, 1ba that rents for $650 a month. Wood floors throughout. Utilities are separately metered. Owner furnishes a washer and dryer for the use of all the tenants. Gated parking lot with 8 spaces. New wiring and upgraded plumbing done in 2006. Looks real good structurally. Owner has architectural drawing to convert building into office space.

Status Change Info

Appraised SqFt: 6696 Contract Date/Pending Date: 2015-11-12 Closing Date: 2015-11-13

Income & Expenses

Annual Net Income: 50334 Gross Operating Income: 62400

Architectural Style

Traditional: 1

Levels

Two: 1

Sewer

Public Sewer: 1

Water Source

Public: 1

Listing Terms

Cash: 1 Conventional: 1

Waterfront Features

Waterfront: No None: 1

Security Features

Gated Community: 1

Cooling

Wall Unit(s): 1

Heating

Electric: 1 Other: 1

Foundation Details

Conventional: 1

Exterior Construction/Siding

Brick: 1

Roof

Architectural Shingles: 1

Exterior Features

Other: 1

Fencing

Full: 1 Gate: 1 Security: 1

Parking Features

On Site: 1 Secured: 1

Community Features

Gated: 1

Basement Features

Basement: No

Available Documents

Survey: 1

Lot Size Range

0 to .5 Acres: 1

Parking Spaces

1 Space Unit: 1

Unit 1 Appliances

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

Unit 2 Appliances

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

Property Features

Architectural Style: Traditional Levels: Two Security Features: Gated Community Cooling: Wall Unit(s) Heating: Electric; Other Sewer: Public Sewer Water Source: Public Foundation Details: Conventional Listing Terms: Cash; Conventional Roof: Architectural Shingles Exterior Features: Other Fencing: Full; Gate; Security Parking Features: On Site; Secured Community Features: Gated Waterfront Features: None Parking Spaces: 1 Space Unit Available Documents: Survey Unit 1 Appliances: Range; Refrigerator; Water Heater - Gas Unit 2 Appliances: Range; Refrigerator; Water Heater - Gas Lot Size Range: 0 to .5 Acres
Listing Office: Nix-Tann & Associates, Inc.
Listing Agent: Donald Potts
Last Updated: November - 14 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.