Well cared for, income producing five unit complex located just a short stroll from the beach and not in a flood zone. This fully occupied property offers excellent cash flow with a total monthly rental income of $5,400.
The front building features four spacious one bedroom one bath two story units with large living areas and bedrooms. The second building is a single story two bedroom unit with tile flooring throughout and a screened back porch.
Property has been well maintained. Each unit includes washer and dryer along with an icemaker in the freezer. Low maintenance setup with all units currently under lease, making this a turnkey investment opportunity.
Excellent opportunity for investors seeking strong and stable income in a desirable coastal location.
6
BEDROOMS
5
BATHROOMS
0.38
ACRES
1974
YEAR BUILT
Two
LEVELS
4028
SQ. FT.
Primary Information
MLS#:4143015
Price:$632,000
Bedrooms:6
Bathrooms:5
Lot Size:16552.8
Lot Acres:0.38
Years Built:1974
Total Levels:Two
Status:Active
Neighborhood Information
Address:406 Russell Avenue, 5, Long Beach, MS 39560
Details:Well cared for, income producing five unit complex located just a short stroll from the beach and not in a flood zone. This fully occupied property offers excellent cash flow with a total monthly rental income of $5,400.
The front building features four spacious one bedroom one bath two story units with large living areas and bedrooms. The second building is a single story two bedroom unit with tile flooring throughout and a screened back porch.
Property has been well maintained. Each unit includes washer and dryer along with an icemaker in the freezer. Low maintenance setup with all units currently under lease, making this a turnkey investment opportunity.
Excellent opportunity for investors seeking strong and stable income in a desirable coastal location.
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