2401 Esplanade Street #A & B, Ocean Springs, MS 39564
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$ 255,000
Est. payment | /mo

6 Beds

4 Baths

2,500 SqFt


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$ 255,000
Est. payment | /mo
Save

6 Beds

4 Baths

2,500 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 2,500 sqft

Price per Sqft $102

Subdivision Orleans Place

MLS Listing ID 4156344

Bedrooms 6

Full Baths 4

HOA Fees $66/mo

HOA Y/N Yes

Year Built 2010

Annual Tax Amount $1,957

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions Lt128

Property Sub-Type Multi Family

Source MLS United

Property Description

Turnkey investment opportunity with an assumable FHA loan at just 3.7% (subject to lender approval and buyer qualification)! This well-maintained duplex features two spacious units, each offering 1,250 square feet with 3 bedrooms and 2 full bathrooms. Unit A occupies the entire upper level and features a private balcony, while Unit B offers convenient ground-level access with a welcoming front porch. Both units are currently tenant-occupied, providing immediate rental income from day one. Each unit is separately metered for electricity and water, allowing tenants to pay their own utilities, while the owner is responsible only for the HOA dues. Washer and dryer hookups are available in both units, and the washer and dryer in Unit A will convey with the sale. Positioned in one of the most desirable locations within the community, this duplex sits directly across from the neighborhood pool and enjoys the added benefit of no neighboring property on one side, thanks to the adjacent vacant lot. These features provide a more open feel, additional privacy, and a setting that stands out from many other duplexes in the subdivision. Conveniently located near shopping, dining, entertainment, Keesler Air Force Base, downtown Ocean Springs, and within the highly regarded St. Martin School District, this property offers an excellent opportunity for investors seeking immediate cash flow with long-term appreciation potential. Income-producing duplexes with assumable low-interest financing are rarely available, making this an exceptional opportunity to secure both immediate cash flow and below-market financing. Whether you're looking to expand your portfolio or purchase your first income-producing property, this duplex combines strong rental appeal, an exceptional location within the neighborhood, and the rare opportunity to assume an FHA loan with a 3.7% interest rate (subject to lender approval and buyer qualification). Schedule your showing today.

Location

State MS

County Jackson

Community Pool

Interior

Interior Features High Ceilings

Heating Central, Electric

Cooling Central Air, Electric

Flooring Carpet, Vinyl

Fireplace No

Appliance Dishwasher, Microwave, Refrigerator

Laundry In Unit

Exterior

Exterior Feature Balcony

Parking Features Driveway, Paved

Pool Outdoor Pool

Community Features Pool

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Shingle

Porch Front Porch

Garage No

Private Pool Yes

Building

Foundation Chainwall

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Balcony

New Construction No

Others

HOA Fee Include Pool Service,Other

Tax ID 0-61-30-128.000

MLS United(Mississippi)
Listed by Century 21 Busch Realty Group

Nearby Locations

Cassie Webb

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(228) 860-4941

office@elevatemsrealty.com

Biloxi, MS, United States

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2401 Esplanade Street #A & B