Active
  • $149,000

    2002 Ray Ave, Pascagoula, MS 39567

    3beds
    1,584sqft
    : 
    Multi Family, Single Family Residence
    Built in 1984
    -- sqft lot
    $-- Zestimate®
    $94/sqft
    $-- HOA

    What's special

    Nestled in the serene neighborhood of Pascagoula, MS, at 2002 Ray Ave., lies a unique investment opportunity. This property features a 1,104 sqft main house alongside a fully remodeled 480 sqft cottage, presenting a combined rental income potential of $1,900 per month. The main house brings a rent of $1,100 per month. It has recently undergone extensive renovations, including the installation of central air and heat, an updated kitchen, modernized bathrooms, new flooring, and a new roof. These enhancements not only elevate the living experience but also promise reduced maintenance costs in the long term. In addition to the main residence, the property includes a charming cottage, meticulously remodeled from the ground up. This additional unit brings $800 in monthly rent, boasts new roofing and siding, reinforcing its durability and appeal. Located on a peaceful street, this property is ideal for tenants seeking a quiet and comfortable living environment. As an investor, you will appreciate the straightforward financial arrangement: while the owner is responsible for water bills, tenants cover the other utilities, simplifying the management process. This property represents a lucrative investment opportunity, combining strong rental income potential with recent upgrades to ensure minimal future maintenance expenses. It's an ideal acquisition for those looking to expand their portfolio in a thriving community.
    128 days
    on Zillow
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    502
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    41
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