Exceptional Investment Opportunity in Gulfport, MS - Modernized Fourplex with Strong Rental Income
Welcome to this outstanding fourplex property, a prime investment opportunity in the heart of Gulfport, MS. Positioned less than a mile from the NCBC base, this property is an investor's dream, boasting an impressive rental income of approximately $4,000 per month.
Diverse Unit Mix & Sophisticated Upgrades: The property consists of four units, each with its own unique charm and appeal. Two units have undergone a complete remodel to high standards, featuring new sheetrock, modern flooring, sleek bathrooms, state-of-the-art appliances, and stylish cabinets. The other two units are partially remodeled, maintaining comfort and efficiency. Further enhancing the value of this property are over $100,000 in upgrades, including brand new mini-splits in all units for optimal climate control and energy efficiency.
Distinctive Exterior & Utilities: The building showcases a durable and attractive brick veneer exterior, adding to its classic appeal. Each unit has its own separated electrical meter, facilitating easy utility management and billing.
Proven Rental Performance & Ideal Location: This fourplex not only has a great rental history but also shows excellent performance on Airbnb, providing a versatile rental strategy for potential higher income and occupancy rates. Its location, being less than a mile from the NCBC base, is highly advantageous, offering tenants proximity to local amenities, shopping, dining, and entertainment options.
Turnkey Investment for Investors: In excellent condition and ideal for holding, this building represents a turnkey investment. Minimal maintenance requirements make it a hassle-free addition to any investment portfolio. The property's desirability is further boosted by its location and the diverse rental options it presents.
This multifamily property is a rare find in Gulfport, MS, offering investors a chance to acquire a well-maintained, income-generating asset with significant upside potential. It's perfect for those seeking a balance of immediate cash flow and long-term
Closed
Price Unknown
2804 34th Ave BUILDING D, Gulfport, MS 39501
8beds
4,000sqft
Multi Family, Quadruplex
Built in 1988
-- sqft lot
$282,500 Zestimate®
$--/sqft
$1,561 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: November 15, 2024 at 09:15am
Listed by:
Andrew G Harwell 601-966-2454,
Trifecta Real Estate, LLC
Bought with:
Andrew G Harwell, S59841
Trifecta Real Estate, LLC
Source: MLS United,MLS#: 4068937
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Ductless, Electric
Cooling
- Ductless
Interior area
- Total structure area: 4,000
- Total interior livable area: 4,000 sqft
Property
Parking
- Parking features: Concrete
Features
- Levels: Two
- Stories: 2
- Exterior features: Balcony
- Waterfront features: None
Lot
- Size: 0.36 Acres
Details
- Parcel number: 0810m04004.004
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Quadruplex
Materials
- Brick Veneer, Wood Siding
- Foundation: Slab
- Roof: Architectural Shingles
Condition
- New construction: No
- Year built: 1988
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Water Available
Community & neighborhood
Location
- Region: Gulfport
- Subdivision: Metes And Bounds
Other
Other facts
- Listing terms: 1031 Exchange,Cash,Conventional,Other
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$282,500
2% more+ $5,650
With Zillow Showcase(estimated)
$288,150