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$334,900
Est. payment /mo
16 Beds
8 Baths
4,504 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,504 sqft
Price per Sqft $74
Subdivision Pine Burr Terrace
MLS Listing ID 4102852
Bedrooms 16
Full Baths 8
Originating Board MLS United
Year Built 1972
Annual Tax Amount $2,954
Lot Size 0.370 Acres
Acres 0.37
Property Description
This 8-unit apartment building offers a solid investment opportunity in a convenient location near two of Jackson County's largest employers: Ingalls Shipbuilding and the Chevron Refinery, ensuring steady rental demand. With eight 2-bed/ 1-bath units, this property is well-suited for steady occupancy. Zoned R-4 High-Density Residential, it also offers potential for future growth. Each unit is individually metered for electricity and paid directly by the tenants, while the owner covers the costs of water and dumpster services. Additionally, the property is situated in an X500 flood zone, meaning flood insurance is not required, which helps keep operating costs down. With affordable property prices and a growing workforce in the area, rental properties like this offer consistent income and the potential for long-term value appreciation, making it a sound choice for investors seeking a stable asset.
Location
State MS
County Jackson
Interior
Heating Central
Cooling Central Air
Furnishings No
Exterior
Exterior Feature None
Parking Features Parking Lot
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Asphalt Shingle
Garage No
Building
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type None
New Construction No
Others
Tax ID 2-22-25-051.000
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Information is deemed to be reliable but not guaranteed. Copyright © 2025 MLS United, LLC.
Listed by Century 21 J. Carter & Company