2 homes on one parcel with a total of 6BR 3BA with 3,210 sq ft. One home is a 4BR/2BA (2,047 sqft), the other is a 2BR/1BA (1,163 sqft). The 4BR/2BA currently vacant but previously rented for $1,535/month. The 2BR/1BA currently rents for $1,160/month. The total gross rent for both homes is $2,695 /month. Owner pays for water, sewer and trash for both homes (roughly $45 /month). Owner pays for electricity for the 2BR/1BA (averages $150 /month). Owner only pays for electricity for the 2BR/1BA, but not the 4BR/2BA. Both homes have separate electric bills/meters. The water and sewer bills are shared. The 2BR/1BA is occupied by standard tenants. There's roughly 6-7 months left on the lease for the 2BR/1BA.
Both homes have also been renovated within the past year. The pictures provided were taken prior to tenants' occupancy. There is lots of potential for this property. New owners could occupy one home and rent the other out. There is also potential to separate both homes into two separate parcels and sell each home individually. Owner is pretty firm on price. You will not find another property in the metro area for $195,000 that has a gross rent of $2,695. Property is being sold as is.
Closed
Price Unknown
2039 S Ridge Rd, Jackson, MS 39272
6beds
3,210sqft
Multi Family
Built in 1951
-- sqft lot
$268,300 Zestimate®
$--/sqft
$1,439 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: November 15, 2024 at 09:15am
Listed by:
Dianne Nelson 601-421-7094,
Right Size Realty, LLC
Source: MLS United,MLS#: 4053537
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Central, Electric
Cooling
- Ceiling Fan(s), Central Air, Electric
Appliances
- Included: Dishwasher, Electric Cooktop, Electric Range, Range
- Laundry: In Carport, Lower Level
Features
- Entrance Foyer, Pantry
- Flooring: Carpet, Tile
- Doors: Insulated
- Windows: Insulated Windows
- Fireplace features: None
Interior area
- Total structure area: 3,210
- Total interior livable area: 3,210 sqft
Property
Parking
- Total spaces: 6
- Parking features: Covered, Enclosed, Concrete, Gravel
- Garage spaces: 4
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck
- Exterior features: None
- Fencing: Back Yard,Wood
- Waterfront features: Lake
Lot
- Size: 0.62 Acres
- Features: City Lot
Details
- Additional structures: Garage(s), Storage
- Parcel number: 48540833000
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Brick, Masonite
- Foundation: Conventional
- Roof: Metal
Condition
- New construction: No
- Year built: 1951
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & neighborhood
Security
- Security features: None
Community
- Community features: Lake
Location
- Region: Jackson
- Subdivision: Lake Ridgelea
Other
Other facts
- Listing terms: Cash,Conventional