Description
Investor Opportunity!! Updated 8-plex near the beach, with strong cash-flow. Turn-key 8-unit multifamily in a high-demand coastal corridor on the Gulfport/Long Beach line, just a short walk to the beach. Property consists of 4 townhomes + 4 flats, fully occupied and professionally maintained. Recent capital improvements include a new roof, new exterior paint, and blown in R19 insulation, along with interior upgrades such as vinyl plank flooring, updated mechanicals, and fresh paint throughout. A shared washer/dryer utility adds additional tenant convenience and retention value. Current rents range $775-$800, with one furnished unit at $925, producing $6,520/month in gross income with room for future upside. Located south of the tracks in a mostly owner-occupied area near Island View Casino, retail, dining, and essential services. This is an ideal setting for long-term renter stability. A clean, updated, cash flowing asset in a prime coastal location. Excellent long-term hold with immediate income.
Details
| MLS # | 4126144 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1978 |
| Days On Site | 344 |
| Listing Provided By | Southern Way Realty | Alain Harpin |
Features
| Bed(s) | 16 |
|---|---|
| Bath(s) | 8 Total |
| SQ Feet | 6,406 |
| Units | 8 |
| Acreage | 0.21 |
| Water Front | None |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Furnished | No |
| Appliances | Dishwasher, Electric Range, Electric Water Heater, Range Hood, Refrigerator |
Exterior
| Exterior Features | None |
|---|---|
| Roof | Asphalt Shingle |
| Construction Materials | Brick, Siding |
| Foundation Details | Slab |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Concrete, Driveway |
Utilities
| Utilities | Cable Connected, Electricity Connected, Sewer Connected, Water Connected |
|---|
Taxes
| Property | 3078 |
|---|
Area Information
| State | MS |
|---|---|
| County | Harrison |
| City | Gulfport |
| Zip Code | 39501 |
| Area | Harrison |
| Community Name | Metes And Bounds |
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Learn More About This Property
| State | MS |
|---|---|
| County | Harrison |
| City | Gulfport |
| Zip Code | 39501 |
| Area | Harrison |
| Community Name | Metes And Bounds |