Description
Investors, take notice! This unique multi-unit property offers an excellent opportunity for an investor looking to generate rental income from multiple units, all conveniently located on one property. The well-maintained primary residence features 2 bedrooms and 2 bathrooms, along with its own laundry room. The home includes all kitchen appliances, and original hardwood floors are located underneath the existing carpet for buyers who prefer a more classic look. Located behind the main residence is an attached 2- level, 2 unit apartment/garage building. The first level features a 1-bedroom, 1.5 -bathroom unit, work shop and a 3-bay garage, providing additional parking for tenants. Upstairs you will find the third unit- a two bedroom, 1 bathroom unit with a partially finished kitchenette. The property has seen several recent updates, including a 4-year-old roof, new breaker box, new electrical outlets throughout the main residence, and low-maintenance vinyl siding. For added convenience and flexibility, there are two electric meters and two gas meters-one serving the main residence and the other serving the apartment/garage building. For investors looking to maximize the property's potential, the current layout could potentially be converted into a 4-unit property. The first-level workshop could be transformed into an additional 1- or 2-bedroom apartment, creating the possibility of a quadplex. Electrical and plumbing are already in place, offering a head start on a future conversion. With some TLC and the right investment strategy, this property has the potential to provide multiple income-producing units on one conveniently located property. Whether you're an experienced investor or looking for an opportunity to expand your rental portfolio, this property is for certain worth a closer look!
Details
| MLS # | 4160023 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1940 |
| Days On Site | 29 |
| Listing Provided By | Keller Williams | Tyler D Smith |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 5 Total |
| SQ Feet | 3,500 |
| Garage | 3 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | General Residence District |
| Acreage | 0.20 |
| Water Front | None |
Interior
| Rooms Total | 0 |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Ceiling Fan(s), Central Air, Electric, Window Unit(s), Gas |
| Heating Yes / No | Yes |
| Heating | Central, Electric, Other, Natural Gas |
| Interior Features | In-Law Floorplan, Walk-In Closet(s) |
| Window Features | Aluminum Frames, Screens, Storm Window(s), Wood Frames |
| Appliances | Dishwasher, Refrigerator |
Exterior
| Exterior Features | Landscaping Lights |
|---|---|
| Roof | Architectural Shingles |
| Security Features | Other |
| Construction Materials | Vinyl |
| Foundation Details | Block, Slab, Stone |
| Lot Features | Fenced, Sloped |
Parking
| Attached Garage Yes / No | Yes |
|---|---|
| Parking Features | Attached, Paved |
Location
| Community Features | Sidewalks, Street Lights |
|---|
Utilities
| Utilities | Other |
|---|
Taxes
| Property | 235 |
|---|
Area Information
| State | MS |
|---|---|
| County | Pike |
| City | McComb |
| Zip Code | 39648 |
| Area | Pike |
| School District | McComb |
| Listing VS Median (in 39648) | |
Price: $196,000 low | high Med: $139,500 sqft: 3,500 low | high Med: 2,318 $ / sqft: $56 low | high Med: $60 On site: 29 low | high Med: 584 | |
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Learn More About This Property
| State | MS |
|---|---|
| County | Pike |
| City | McComb |
| Zip Code | 39648 |
| Area | Pike |
| School District | McComb |
| Listing VS Median (in 39648) | |
Price: $196,000 low | high Med: $139,500 sqft: 3,500 low | high Med: 2,318 $ / sqft: $56 low | high Med: $60 On site: 29 low | high Med: 584 | |
