Description
Looking to expand your investment portfolio? This 15-unit income-producing property is centrally located with convenient access to downtown Gulfport and the Gulfport business district, making it an attractive rental option for tenants seeking proximity to work, entertainment, and coastal amenities. The property is ideally situated near major employers and destinations including the Gulfport-Biloxi International Airport, Mississippi Air National Guard, Port of Gulfport, Island View Casino Resort, Jones Park, Gulfport Small Craft Harbor, and the Mississippi Aquarium. Its central location along the Mississippi Gulf Coast provides strong rental demand potential and convenient access to shopping, dining, recreation, and major transportation routes. The complex consists of 3 two-bedroom/one-bath units, 1 two-bedroom/two-bath unit, and 11 one-bedroom/one-bath units, providing a desirable unit mix for a variety of tenants. Recent exterior improvements include new soffit and fascia, painted, vinyl siding, exterior lighting, and new upstairs railings, enhancing both durability and curb appeal. Inside, several downstairs units have been updated with new sheetrock, appliances, paint, fixtures, shower/tubs, cabinets, vanities, and sinks. Additional upgrades include four new mini-split systems and one new conventional HVAC unit. Upstairs several units have also been refreshed, receiving new paint and repairs as needed. Don't miss this opportunity to own a well-located multi-family investment property with recent improvements and strong income potential.
Details
| MLS # | 4141295 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1965 |
| Days On Site | 176 |
| Listing Provided By | Beau Vue Realty, LLC | Monique C Ward |
Features
| Bed(s) | 19 |
|---|---|
| Bath(s) | 16 Total |
| SQ Feet | 10,276 |
| Story(s) | 2 |
| Units | 15 |
| Zoning | General Business |
| Acreage | 0.33 |
| Water Front | None |
Interior
| Cooling | Ceiling Fan(s), Central Air, Ductless, Electric, Wall/Window Unit(s) |
|---|---|
| Heating | Central, Ductless, Electric |
| Interior Features | Laminate Counters |
| Window Features | Blinds |
| Furnished | No |
| Appliances | Cooktop, Electric Oven, Free-Standing Electric Range, Refrigerator, Water Heater |
Exterior
| Exterior Features | Lighting |
|---|---|
| Roof | Shingle |
| Security Features | None |
| Construction Materials | Brick Veneer |
| Foundation Details | Slab |
| Lot Features | City Lot, Level |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Common, On Site, Paved |
Location
| Community Features | Near Entertainment, Street Lights |
|---|
Utilities
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|
Taxes
| Property | 7658 |
|---|
Area Information
| State | MS |
|---|---|
| County | Harrison |
| City | Gulfport |
| Zip Code | 39507 |
| Area | Harrison |
| Community Name | Magnolia Grove |
| School District | Gulfport |
| Elementary School | Pass Road |
| High School | Gulfport |
| Listing VS Median (in Magnolia Grove) | |
Price: $699,900 low | high Med: $900 sqft: 10,276 low | high Med: 11,129 $ / sqft: $68 low | high Med: $0 On site: 176 low | high Med: 182 | |
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Learn More About This Property
| State | MS |
|---|---|
| County | Harrison |
| City | Gulfport |
| Zip Code | 39507 |
| Area | Harrison |
| Community Name | Magnolia Grove |
| School District | Gulfport |
| Elementary School | Pass Road |
| High School | Gulfport |
| Listing VS Median (in Magnolia Grove) | |
Price: $699,900 low | high Med: $900 sqft: 10,276 low | high Med: 11,129 $ / sqft: $68 low | high Med: $0 On site: 176 low | high Med: 182 | |
