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Tye Densford

tye@trifecta-ms.com +1(601) 454-9373

$278,000

Est. payment - /mo

6 Beds

3 Baths

3,210 SqFt

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,210 sqft

Price per Sqft $86

Subdivision Lake Ridgelea

MLS Listing ID 4146102

Style Traditional

Bedrooms 6

Full Baths 3

Year Built 1951

Annual Tax Amount $2,528

Lot Size 0.610 Acres

Acres 0.61

Source MLS United

Property Description

Investor Special! Two Homes, One Price - Cash Flow from Day One! Here's your chance to own not one, but TWO income-producing properties on a single lot for just $278,000! This unique investment opportunity includes a spacious two-story 4-bedroom, 2-bath home currently rented for $1,900/month, PLUS a recently renovated 2-bedroom, 1-bath home bringing in $1,200/month. In both homes, the tenant pays all utilities. That's $3,100/month in gross rental income--well above the 1% rule! Both homes are tenant-occupied, generating strong cash flow from day one. With a total of 6 bedrooms and 3 baths across both properties, this setup is perfect for investors looking to maximize return while minimizing risk. Whether you're building your portfolio or looking for your next low-maintenance rental, this deal checks all the boxes. Opportunities like this are rare--two homes, one property, fully rented, and priced to sell. Don't miss it!

Location

State MS

County Hinds

Community Lake

Interior

Heating Central

Cooling Ceiling Fan(s), Central Air

Furnishings No

Appliance Dishwasher, Range, Refrigerator, Water Heater

Exterior

Exterior Feature Lighting

Parking Features Carport, Covered, Enclosed, Concrete, Gravel

Garage Spaces 2.0

Carport Spaces 2

Community Features Lake

Utilities Available Cable Available, Electricity Connected, Sewer Connected, Water Connected

Roof Type Metal

Garage No

Private Pool No

Building

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Two

Structure Type Lighting

New Construction No

Schools

Elementary Schools Gary Road

Middle Schools Byram

High Schools Terry

Others

Tax ID 4854-0833-000

Virtual Tour https://www.propertypanorama.com/2039-S-Ridge-Road-Byram-MS-39272--4146102/unbranded

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Listed by Keller Williams

Nearby School & Business

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Tye Densford

+1(601) 454-9373

Owner/Broker | B-24264

Owner/Broker B-24264

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2039 S Ridge Road Byram, MS 39272

Tye Densford

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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