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Key Details
Sold Price $244,900
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,294 sqft
Price per Sqft $106
MLS Listing ID 4133277
Bedrooms 8
Full Baths 4
Half Baths 4
Year Built 1980
Annual Tax Amount $3,601
Lot Size 7,840 Sqft
Property Description
Income-producing property in the heart of Hattiesburg! This well-maintained apartment building features four spacious townhouse-style units, ideally positioned near the University of Southern Mississippi and Highway 49 for maximum tenant appeal. Currently generating steady rental income with occupied units and professional property management already in place. This turnkey investment offers immediate cash flow in a prime location within Hattiesburg city limits. Close proximity to USM campus makes it perfect for student and faculty housing, while convenient highway access appeals to working professionals. The townhouse configuration provides tenants with more space and privacy than traditional apartments, commanding premium rents while minimizing turnover. Strong rental demand in this established neighborhood ensures consistent occupancy. Perfect for investors seeking a hands-off, income-generating property in a proven rental market. Don't miss this opportunity to add a performing asset to your portfolio!
Location
State MS
County Forrest
Interior
Heating Central, Electric
Cooling Central Air
Flooring Ceramic Tile
Exterior
Exterior Feature None
Parking Features Common, Concrete, Unassigned
Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Roof Type Asphalt Shingle
Building
Lot Description City Lot, Zero Lot Line, Dumpster
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type None
New Construction No
Schools
High Schools Hattiesburg
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