$375,000 Price Analysis    ♡   Richton, MS 39476 26 bed None bath 9,928 SqFt ($37/SqFt) 1.6 acre lot. Built 1954 Listed 2024-01-31 | ✓ USDA Eligible near Blodgett, MS Restrictions may apply due to home size |
Here is a 12-Unit investment opportunity in Richton with a projected 12% CAP rate!
This property contains 6 total buildings and rarely has a vacancy. ALL UNITS ARE FILLED AS WELL. Seller pays for garbage and security lights while the tenants pay for utilities! Property has the potential to grow in vlue and income! Property is priced to sell.
Don't lose this chance!
Presented by Braden Witcher at
KW Elite Realty.
Property MLS #136547 from Hattiesburg
Bedrooms: 26
Lot Size Acres: 1.6
Lot Size Dimensions: 1.6 Acres MOL
Lot Size Square Feet: 69696
Lot Size Dimensions: 1.6 Acres MOL
Lot Size Square Feet: 69696
Number of Buildings: 6
Number of Units: 12
Number of 1 Bedroom Units: 2
Number of 2 Bedroom Units: 6
Number of 3 Bedroom Units: 4
Unit-1 Bedroom Description: One Bath
Unit-2 Bedroom Description: One Bath
Unit-3 Bedroom Description: One Bath
Number of Units: 12
Number of 1 Bedroom Units: 2
Number of 2 Bedroom Units: 6
Number of 3 Bedroom Units: 4
Unit-1 Bedroom Description: One Bath
Unit-2 Bedroom Description: One Bath
Unit-3 Bedroom Description: One Bath
Gross Income: 51600.00
School District: Richton
Richton Elementary School is a public elementary school located approximately 0.5 miles away.
Map directions
Map directionsRichton High School is a public middle and high school located approximately 0.5 miles away.
Map directions
Map directionsFirst Assembly Christian Academy Soldiers is a private elementary, middle and high school located approximately 2.3 miles away.
Map directions
Map directionsAnnual Tax Amount: 4625.14
Source Listing Status: Active
County: Perry
Directions: From Front Street turn onto Bay Avenue. Bay Ave Becomes Old Augusta Rd. Turn slight right onto Ash Ave. The buildings will be on the left.
Source Property Type: Multi-Family
Area: Richton
Source Neighborhood: Richton
Flood Plain: No
Property Subtype: Apartment Complex
Source System Name: C2C
Source Listing Status: Active
County: Perry
Directions: From Front Street turn onto Bay Avenue. Bay Ave Becomes Old Augusta Rd. Turn slight right onto Ash Ave. The buildings will be on the left.
Source Property Type: Multi-Family
Area: Richton
Source Neighborhood: Richton
Flood Plain: No
Property Subtype: Apartment Complex
Source System Name: C2C
Listed 2024-01-31
$375,000
Hattiesburg
$375,000
Hattiesburg
Electric: Mississippi Power Co
Gas: Center Point Energy
Gas: Center Point Energy
Year Built: 1954
Building Area Total: 9928
Construction Materials: Brick Veneer
Property Age: 70
Levels or Stories: One Story
Building Area Total: 9928
Construction Materials: Brick Veneer
Property Age: 70
Levels or Stories: One Story
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.