2508 Beach Blvd S, Gulfport, FL 33707

This property has loads of potential. Deals like this don't come up in Gulfport very often, it's hard to get any multifamily units for $200k here. Great area, this property has tons of character, spacious built deep into lot. Within walking distance to downtown and the art district of Gulfport. This will be a full rehab but definitely worth the effort in the end. For Holding/Renting:Sale Price: $109,000Est. Repairs: $50,000Estimated Rent: $2,800/mo.Net Operating Income (after taxes $2,500/insurance $1,500): $29,600Cap Rate: 18.6%