970 Dixon Road, A, B, C, and D, Jackson, MS 39209
$497,000
Property Type:
Res Income Multi-Fam
Status:
Closed
Current Price:
$498,000
List Date:
11/27/2018
Last Modified:
11/15/2024
Description
Four (4) fourplexes for sale for only $498,000. This is only at $124,500 for each building. There are a total of 16 units. 12 units are 2 bedrooms and 1.5 baths and 4 units are 3 bedrooms 1.5 baths. This apartment is 100% occupied. All four must be purchased as a package deal. This property is a cash cow. It generates over $90,000 a year gross income. Owner's expenses are maintenance, taxes, insurance, security lights, and trash (picked up bi-weekly). Seller willing to giving financials and rent rolls upon request from serious pre approved or cash buyers. This awesome income generating property will not last long!
More Information MLS# 1314896
Address and Location Information
Directions to Property: Direction from Walmart on Hwy 18 Turn right onto Highway 18/MS-18. Continue to follow MS-18. Then 1.33 miles MS-18 becomes Robinson St. Then 0.08 miles Turn left onto Dixon Rd. Dixon Rd is just past Jackson Hwy If you reach Loflin Dr you've gone about 0.1 miles too far Then 0.58 miles 970 Dixon Rd, Jackson, MS 39209-4900, 970 DIXON RD.
Street Number: 970
Street Name: Dixon
Street Suffix: Road
County: Hinds
State: MS
Zip Code: 39209
Unit #: A, B, C, and D
Listing Information
Listing Service: Full Service
Status: Closed
List Date: 2018-11-27
List Price: $498,000
Current Price: $497,000
General Property Information
Complex Name: Ridge Creek Apartments
Year Built: 1990
Tax and Financial Information
Flood Insurance Required?: No
Leasehold Y/N: No
Legal Description: BEG 135 FT N INT E/L DIXON RD & N/L MCCAIN AVE E 90 FT N 113 FT W 89.6 FT TO E/L RD SLY ALONG RD 113
Remarks & Miscellaneous
Public Remarks: Four (4) fourplexes for sale for only $498,000. This is only at $124,500 for each building. There are a total of 16 units. 12 units are 2 bedrooms and 1.5 baths and 4 units are 3 bedrooms 1.5 baths. This apartment is 100% occupied. All four must be purchased as a package deal. This property is a cash cow. It generates over $90,000 a year gross income. Owner's expenses are maintenance, taxes, insurance, security lights, and trash (picked up bi-weekly). Seller willing to giving financials and rent rolls upon request from serious pre approved or cash buyers. This awesome income generating property will not last long!
Status Change Info
Appraised SqFt: 11390
Contract Date/Pending Date: 2018-12-15
Closing Date: 2019-01-29
Architectural Style
Traditional: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Listing Terms
Cash: 1
Conventional: 1
Other: 1
Waterfront Features
Waterfront: No
None: 1
Showing Requirements
Showing: Appointment Required
Utilities
Electricity Available: 1
Natural Gas Available: 1
Water Available: 1
Cooling
Central Air: 1
Heating
Central: 1
Natural Gas: 1
Foundation Details
Slab: 1
Exterior Construction/Siding
Brick: 1
Roof
Architectural Shingles: 1
Exterior Features
None: 1
Fencing
Partial: 1
Parking Features
Parking Pad: 1
Community Features
None: 1
Basement Features
Basement: No
Lot Size Range
1 to 5 Acres: 1
Uncovered Parking?
26-50 Spaces: 1
Unit 1 Appliances
Dishwasher: 1
Range: 1
Refrigerator: 1
Unit 2 Appliances
Dishwasher: 1
Range: 1
Refrigerator: 1
Unit 3 Appliances
Dishwasher: 1
Range: 1
Refrigerator: 1
Unit 4 Appliances
Dishwasher: 1
Range: 1
Refrigerator: 1
Property Features
Architectural Style: Traditional
Cooling: Central Air
Heating: Central; Natural Gas
Utilities: Electricity Available; Natural Gas Available; Water Available
Sewer: Public Sewer
Water Source: Public
Foundation Details: Slab
Listing Terms: Cash; Conventional; Other
Roof: Architectural Shingles
Exterior Features: None
Fencing: Partial
Parking Features: Parking Pad
Community Features: None
Waterfront Features: None
Unit 1 Appliances: Dishwasher; Range; Refrigerator
Unit 2 Appliances: Dishwasher; Range; Refrigerator
Unit 3 Appliances: Dishwasher; Range; Refrigerator
Unit 4 Appliances: Dishwasher; Range; Refrigerator
Lot Size Range: 1 to 5 Acres
Listing Office:
eXp Realty
Listing Agent:
Theo J Davis
Last Updated: November - 15 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.