Four-unit investment property in Purvis, Lamar County, with all four units at 1,200 square feet -- 4,800 total square feet. Three units are leased with terms running into 2027; the fourth is vacant and ready to lease, offering immediate upside and a clean look at the interior. Market rent is $950 per unit, and each unit carries a total monthly charge of $1,012.40 including utility reimbursement, for gross potential income of $48,595.20 annually. Water, sewer, and trash are owner-paid and rebilled to residents. Currently professionally managed; management can remain in place at closing or the property can convey free of management. Uniform unit sizes keep maintenance, turnover, and budgeting predictable, and identical floor plans make renovation costs easy to model. Rent roll, 12-month income statement, and a full pro forma including taxes and insurance are available to qualified buyers. 24-hour notice required for showings -- please do not disturb occupants.
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Zillow last checked:
Listing updated:
Listed by:
Jason M Gunter601-447-7240,
Realty Star Network601-544-6363,
Cody C Thaggard601-416-2607
Source: MLS United,MLS#: 4160408
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 8
Full bathrooms: 8
Heating
Central, Electric
Cooling
Ceiling Fan(s), Central Air
Appliances
Included: Dishwasher, Electric Oven, Electric Water Heater, Microwave, Range, Refrigerator