$99,000
$99,000
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4 Beds
4 Baths
2,000 SqFt
SOLD DATE : 11/15/2023
Key Details
Sold Price $99,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $49
Subdivision Fondren
MLS Listing ID 4059585
Sold Date 11/15/23
Style Traditional
Bedrooms 4
Full Baths 4
Originating Board MLS United
Year Built 1955
Annual Tax Amount $1,299
Lot Size 6,969 Sqft
Acres 0.16
Property Description
Fully rented to long-term tenants who would love to stay and are paying under-market value.
All tenants are currently under month-to-month leases, so perfect opportunity to revise and increase rent. Current tenants have been there since 1991, 1994,, 2011, and 2014.. Each unit is 500 sf, with a bedroom, kitchen, living room and bathroom. Each pays $355 a month which includes water. This is a solid property with no apparent foundation issues and the roof was replaced about 3 years ago. NO SHOWINGS OR VIEWINGS OF THIS PROPERTY WILL BE PERMITTED UNTIL A CONTRACT IS ACCEPTED. The contract will be contingent upon buyer's ability to view and inspect both inside and outside. Do not disturb tenants or walk around property, but you may certainly drive by on the public street.
Location
State MS
County Hinds
Interior
Heating Natural Gas, Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, Tile, Vinyl
Fireplaces Type Bedroom, Kitchen, Living Room
Furnishings No
Window Features Metal
Appliance Range, Refrigerator
Laundry None
Exterior
Exterior Feature Private Entrance
Parking Features Attached, Parking Pad
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Asphalt
Garage Yes
Building
Lot Description Level
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories One
Structure Type Private Entrance
New Construction No
Schools
Elementary Schools Walton
Middle Schools Brinkley
High Schools Lanier
Others
Tax ID 0056-0008-000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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