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$682,300
Est. payment /mo
7,739 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 7,739 sqft
Price per Sqft $88
MLS Listing ID 4108803
Year Built 1982
Annual Tax Amount $6,562
Lot Size 0.440 Acres
Acres 0.44
Property Sub-Type Office
Source MLS United
Property Description
This 12-unit commercial/retail property is a turnkey investment with strong cash flow and a 10% cap rate. The property is fully leased with tenants on month-to-month leases, providing flexibility for rent adjustments or lease restructuring.
Carefully maintained, the building has no significant deferred maintenance and features recent upgrades, including LED lighting, a new surveillance system, and a freshly restriped parking lot. These improvements enhance security, energy efficiency, and curb appeal, making it an attractive asset for both tenants and investors.
With detailed financial records available, this property offers a stable and profitable investment with a strong rental history. High tenant occupancy ensures steady cash flow, making it a reliable income-generating asset.
Carefully maintained, the building has no significant deferred maintenance and features recent upgrades, including LED lighting, a new surveillance system, and a freshly restriped parking lot. These improvements enhance security, energy efficiency, and curb appeal, making it an attractive asset for both tenants and investors.
With detailed financial records available, this property offers a stable and profitable investment with a strong rental history. High tenant occupancy ensures steady cash flow, making it a reliable income-generating asset.
Location
State MS
County Hinds
Building
Level or Stories Two
New Construction No
Others
Tax ID 0504-0812-000
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Information is deemed to be reliable but not guaranteed. Copyright © 2025 MLS United, LLC.
Listed by JDJ Realty