22 Shears Road Pending

Hattiesburg,MS 39402

$ 1200000

32 Beds

16 Baths

0 SqFt


Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Subdivision Metes And Bounds

MLS Listing ID 4106507

Bedrooms 32

Full Baths 16

Year Built 1984

Annual Tax Amount $6,759

Property Description

Turnkey 16-uit apartment complex in the highly sought-after Oak Grover School District! Each unit features 2 bedrooms, 1 bathroom, and washer & dryer hookups, offering a desirable layout for tenants. Renovated in 2021, this fully occupied property is generating strong cash flow with the most high-ticket items replaced in recent years, including new roofs on all four buildings. With well-maintained units and stable tenancy, this investment offers immediate income potential with minimal upfront work. Conveniently located near shopping centers, entertainment, and major highways, this is a prime opportunity for investors looking to expand their portfolio with a high-performing asset!

Location

State MS

County Lamar

Interior

Heating Central

Cooling Central Air

Exterior

Exterior Feature Other

Parking Features Paved

Utilities Available Electricity Available

Waterfront Description None

Roof Type Architectural Shingles

Building

Foundation Brick/Mortar

Sewer Other

Water Separate Meters

Structure Type Other

New Construction No

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