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$600,000   Price Analysis
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2204 S McGeehee Ln
Picayune, MS 39466
12 bed 6 bath unknown SqFt ($0/SqFt)
1.38 acre lot. Built 1984
Listed 2024-01-03, Taxes $8,403
USDA Eligible
near Picayune, MS
 

3 duplexes (6 units)

With 100% occupancy rate and ample room to build additional units on opposite side of parcel. Each unit consists of 2 beds, 1 bath, kitchen, living, eating area and utility closet. 4 parking spots for each duplex. Rents have been stabilized for several years a nd do not reflect current market projections- room for improvement!

Offsets, building codes, zoning, etc. is the responsibility of the Buyer to verify. Financials will be given upon receipt of LOI and proof of funds. Listing gent is related to owners.


Presented by Julie Ragusa at
Engel & Volkers Slidell.


Property MLS #4067100 from MLSUnited

Bedrooms: 12

Cooling Features: Central Air
Heating Features: Central

Full Bathrooms: 6

Private Entrance

Lot Size Acres: 1.38
Lot Size Dimensions: 309' x 202'
Lot Size Square Feet: 60113

Parking Features: Common, Concrete

Association: No
Calculated Total Monthly Association Fees: 0

Number of Units: 6
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 2
Bedrooms in Unit-6: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Full Bathrooms in Unit-5: 1
Full Bathrooms in Unit-6: 1
Unit 1 Total Actual Rent: 750.00
Unit 2 Total Actual Rent: 750.00
Unit 3 Total Actual Rent: 750.00
Unit 4 Total Actual Rent: 750.00
Unit 5 Total Actual Rent: 750.00
Unit 6 Total Actual Rent: 750.00

Tenant Pays: All Utilities

Annual Tax Amount: 8403.00
Source Listing Status: Active
County: Pearl River
Directions: Traveling north on Hwy. 11, turn left on W. Sycamore Rd.Take first right onto McGeehee Lane. Duplexes are on the right.
Tax Year: 2023
Source Property Type: Res Income Multi-Fam
Source Neighborhood: Metes And Bounds
Parcel Number: 6-17-1-11-001-020-2701
Subdivision: Metes And Bounds
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$50,600
$8,403
2021$unknown + $unknown
$50,600
$8,403
2020$unknown + $unknown
$50,600
$7,825
2019$unknown + $unknown
$48,056
$7,421
2018$unknown + $unknown
$48,056
$7,444
2017$unknown + $unknown
$48,056
$7,460
2016$unknown + $unknown
$48,056
$7,364
2015$unknown + $unknown
$45,612
$7,158
2014$unknown + $unknown
$45,612
$7,259
2013$unknown + $unknown
$45,612
$7,239
2012$unknown + $unknown
$45,612
$7,300
2010$unknown + $unknown
$48,974
$7,214
2009$unknown + $unknown
$48,974
$6,732
2008$unknown + $unknown
$56,984
$7,599
2007$unknown + $unknown
$36,721
$1,869
2006$unknown + $unknown
$36,721
$2,052

Relisted 2024-04-08
$600,000
MLSUnited
Listing removed 2024-03-19
$0
MLSUnited
Price Changed 2024-02-16
$600,000
MLSUnited
Listed 2024-01-03
$655,000
MLSUnited

Sewer: Public Sewer
Cable Available
Electricity Available
Sewer Connected
Water Available
Water Connected
Water Source: Public

Building Exterior Type: Brick
Foundation Details: Slab
Levels: One
Property Age: 40
Roof: Asphalt Shingle
Building Total Stories: 1
Structure Type: Duplex
Year Built Source: Assessor

Roseland Park Elementary School is a public elementary school located approximately 0.5 miles away.
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Picayune Junior High School is a public middle school located approximately 1.2 miles away.
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Picayune Memorial High School is a public high school located approximately 1.2 miles away.
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Roseland Park Baptist Church Academy is a private elementary and middle school located approximately 0.2 miles away.
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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.