$1,800,000
$1,800,000
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99 Beds
60 Baths
54,712 SqFt
SOLD DATE : 11/04/2022
Key Details
Sold Price $1,800,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 54,712 sqft
Price per Sqft $32
Subdivision Metes And Bounds
MLS Listing ID 4025078
Sold Date 11/04/22
Bedrooms 99
Full Baths 60
Originating Board MLS United
Year Built 1959
Annual Tax Amount $13,621
Lot Size 11.100 Acres
Acres 11.1
Property Description
Multi Family, investment fixer-rehab property. There is limited to no new multifamily development in the pipeline. The lack of future supply along with growing demand for housing. Makes this a rare find in East Jackson County.
Property is located less than 3 miles from the Intersection of Mississippi Highway 63 and Interstate 10. Walmart, Restaurants and Medical. Nearby Industries: Omega Protein, Rolls Royce, Chevron, Ingalls Ship Building, Gulf LNG Liquefaction Company, and Chemours, Ingalls, Trent Lott Airport, Singing River Hospital.
Property with Approximately 60 units (136 beds with 60 bath) 30 duplex buildings and leasing office/warehouse. 10-1 Bedroom, 28-2bedroom, 18-3 Bedroom and 4-4bedroom. It includes over 54,742+- sq. ft.; Office Buildings totaling 1,200+- sqft.
Seller will not make any repairs/improvements. Sold As Is Where Is. Property to be shown by appointment only.
Location
State MS
County Jackson
Direction Head east on I-10 E. Take exit 69 to merge onto MS-63 S toward E Moss Point/E Pascagoula 2.8 mi. Turn left onto Grierson St & Turn left onto Tanner St
Interior
Heating Electric
Cooling Central Air, Electric
Furnishings No
Exterior
Exterior Feature None
Garage On Site, Paved, Varies by Unit
Utilities Available Cable Connected, Electricity Connected, Sewer Available, Water Available
Roof Type Asphalt
Parking Type On Site, Paved, Varies by Unit
Garage No
Building
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type None
New Construction No
Others
Tax ID 2-24-05-002.500
Acceptable Financing Cash
Listing Terms Cash
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