$ 55,000

205 Brookfield Drive

Ridgeland, MS 39157

  • 3 Beds
  • 2 Baths
    Full Baths: 2
  • 1,464 SqFt
  • 0.37 Lot Size
  • 1985 Year Built
Discover a unique investment opportunity at 205 Brookfield Dr, Ridgeland, MS 39157. This property presents an exceptional chance for the astute investor to turn a challenging situation into a profitable venture. While the home has experienced fire damage, its strategic location, and the potential for redevelopment make it a promising prospect for those seeking to capitalize on the real estate market.

Property Highlights:

Prime Location: Situated in the desirable area of Ridgeland, this property is surrounded by well-established neighborhoods, schools, and amenities, making it an attractive choice for potential buyers in the future.

Engineer's Option Included: With the listing, we offer an engineer's assessment, providing invaluable insights into the property's structural integrity, repair options, and redevelopment potential. This ensures that any future plans align with safety standards and building codes.

Privacy and Security: The safety of the premises is of utmost importance. For the protection of both potential buyers and the property itself, access to the site is restricted. Rest assured that no one will be allowed to enter the property without proper authorization, ensuring a safe viewing experience for everyone involved.

Potential for Profit: Renowned for its strong real estate market, Ridgeland offers immense potential for capital growth and rental demand. With careful planning and vision, this property can be transformed into a valuable asset, providing long-term returns for the savvy investor.

Limitless Possibilities: The fire damage presents a blank canvas, allowing for creative development and innovative designs. Whether it's renovating the existing structure or building anew, the possibilities are only limited by your imagination.

This is a rare chance to enter the lucrative real estate market of Ridgeland, with the added benefit of purchasing at a potentially reduced price due to the property's current condition. Don't miss out on this extraordinary investment opportunity at 205 Brookfield Dr. Act now and seize the potential for substantial returns on your investment.

Note: For safety and security reasons, access to the property is restricted. Please contact us to arrange a guided viewing and receive the engineer's assessment for a more informed decision-making process.
Listed by Southern Homes Real Estate

PROPERTY DETAIL

  • Key Details

    Sold Price $55,000

    Property Type Single Family Home, Multi-Family

    Sub Type Single Family Residence

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 1, 464 sqft

    Price per Sqft $37

    Subdivision Brookfield

    MLS Listing ID 4053501

    Style Traditional

    Bedrooms 3

    Full Baths 2

    Year Built 1985

    Annual Tax Amount $1,030

    Lot Size 0.370 Acres

    Property Sub-Type Single Family Residence

  • Location

    State MS

    County Madison

  • Building

    Lot Description City Lot

    Foundation Slab

    Sewer Public Sewer

    Water Public

    Structure Type None

    New Construction No

  • Interior

    Heating None

    Cooling Central Air

  • Exterior

    Exterior Feature None

    Garage Spaces 2.0

    Utilities Available Cable Available, Electricity Available

    Roof Type Other

  • Schools

    Elementary Schools Ann Smith

    Middle Schools Olde Towne

    High Schools Ridgeland

  • Others

    Acceptable Financing 1031 Exchange, Cash

    Listing Terms 1031 Exchange, Cash

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