2002 Ray Avenue Active Save Request In-Person Tour Request Virtual Tour
Pascagoula,MS 39567
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,584 sqft
Price per Sqft $94
Subdivision Metes And Bounds
MLS Listing ID 4108475
Bedrooms 3
Full Baths 2
Year Built 1984
Annual Tax Amount $1,356
Lot Size 9,147 Sqft
Property Description
Nestled in the serene neighborhood of Pascagoula, MS, at 2002 Ray Ave., lies a unique investment opportunity. This property features a 1,104 sqft main house alongside a fully remodeled 480 sqft cottage, presenting a combined rental income potential of $1,900 per month.
The main house brings a rent of $1,100 per month. It has recently undergone extensive renovations, including the installation of central air and heat, an updated kitchen, modernized bathrooms, new flooring, and a new roof. These enhancements not only elevate the living experience but also promise reduced maintenance costs in the long term.
In addition to the main residence, the property includes a charming cottage, meticulously remodeled from the ground up. This additional unit brings $800 in monthly rent, boasts new roofing and siding, reinforcing its durability and appeal.
Located on a peaceful street, this property is ideal for tenants seeking a quiet and comfortable living environment. As an investor, you will appreciate the straightforward financial arrangement: while the owner is responsible for water bills, tenants cover the other utilities, simplifying the management process.
This property represents a lucrative investment opportunity, combining strong rental income potential with recent upgrades to ensure minimal future maintenance expenses. It's an ideal acquisition for those looking to expand their portfolio in a thriving community.
Location
State MS
County Jackson
Interior
Heating Central,Ductless
Cooling Central Air,Ductless
Exterior
Exterior Feature None
Parking Features Carport
Utilities Available Cable Available
Waterfront Description None
Roof Type Architectural Shingles
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type None
New Construction No