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    4229 Martin Luther King Blvd

    Moss Point, MS 39563
    • $274,900
    • STATUS: Active
    • ON SITE: 106 days
    • MLS #: 365165
    UPDATED: 24 min ago
    $274,900
    • 0
      BEDS
    • 0.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,100
      SQFT
    • $67
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    County:
    Area:

    School Ratings & Info

    Description

    This is a great, GREAT investment opportunity! Really terrific. Very rare and fantastic. Gross monthly income of $3500/mo. 100% occupancy. This fully occupied 9 unit multi-family has completed repairs and permits. Site is one 5plex and 2 duplexes. Seller is Motivated and 8 units have rents of $400/month/unit to $475/mo.. Last unit is onsite manager. Financials available through your Realtor. Not often an opportunity like this comes up. Everyone agrees. Believe Me. Zoned C2A Main Street Business District.

    Monthly Payment Calculator

    Terms & Conditions.

    © 2020 Mississippi Gulf Coast Multiple Listing Service, Inc. Buyer and/or Buyer's Agent should verify data and evaluate source. This information is furnished by the Mississippi Gulf Coast Multiple Listing Service, Inc. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Mississippi Gulf Coast Multiple Listing Service, Inc. All properties are subject to prior sale, change or withdrawal. Neither the MLS nor the Listing Broker will be held responsible for any typographical errors, misinformation and misprints and shall be held totally harmless.
    www.maryandidagulfcoasthomes.com/homes/108725340
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    4229 Martin Luther King Blvd Moss Point, MS 39563

    • Price: $274,900
    • Status: Active
    • Updated: 24 min ago
    • MLS #: 365165
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.3
    Acres
    4,100
    SQFT
    $67
    $/SQFT
    Neighborhood:
    Moss Point
    County:
    Jackson
    Area:
    Moss Point
    Property Description
    This is a great, GREAT investment opportunity! Really terrific. Very rare and fantastic. Gross monthly income of $3500/mo. 100% occupancy. This fully occupied 9 unit multi-family has completed repairs and permits. Site is one 5plex and 2 duplexes. Seller is Motivated and 8 units have rents of $400/month/unit to $475/mo.. Last unit is onsite manager. Financials available through your Realtor. Not often an opportunity like this comes up. Everyone agrees. Believe Me. Zoned C2A Main Street Business District.
    Exterior Features

    Exterior Block Foundation Slab Parking Parking LotPaved Drive Type Apartment ComplexDuplex

    Interior Features

    Cooling System Central ElectricWindow Unit(S) Equipment And Appliances Range/OvenRefrigeratorSmoke Alarm Flooring Ceramic TileOther - See Remarks Furnishings Unfurnished Heating Fuel Electric Heating System ElectricOther - See Remarks Walls Sheet Rock/Paneling Water Heater ElectricOther - See Remarks

    Property Features

    Acceptable Financing CashConventional Age Older Home 25+ Years Age Or Year Built 1960 Annual Home Insurance 3564.00 Documents Survey Estimated Annual Taxes 2397.00 Flood Insurance Required No Gross Operating Income 38400 Net Operating Income 28420 Occupancy Tenant Owner Pays ElectricGround MaintenanceInsuranceOther - See RemarksSewerTrashWater Possession At Closing Potential Short Sale No Sewer City Sewer Sq Ft Source Tax Records Tenant Pays Electric Total Operating Expenses 9980 Type Of Lease One Year Lease Unfurnished Units 9 Water City Water

    Listing courtesy of Micah L Tinkler of Double Win Realty, Llc.
    © 2020 Mississippi Gulf Coast Multiple Listing Service, Inc.
    Terms & Conditions.

    © 2020 Mississippi Gulf Coast Multiple Listing Service, Inc. Buyer and/or Buyer's Agent should verify data and evaluate source. This information is furnished by the Mississippi Gulf Coast Multiple Listing Service, Inc. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Mississippi Gulf Coast Multiple Listing Service, Inc. All properties are subject to prior sale, change or withdrawal. Neither the MLS nor the Listing Broker will be held responsible for any typographical errors, misinformation and misprints and shall be held totally harmless.
     
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