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.
Listed By
Agency Name: Premier Living Realty, LLC
Shown By
Agency Title: Mozingo Real Estate & Auction, Inc.
Agency Phone: 2288963400
Estimated Payment
$ 2,164.56 per month $1,406.56 Principal & Interest $573.67 Property Tax $184.33 Homeowner's Insurance
406 Russell Avenue | MLS# 4143015
This multi-family property located at 406 Russell Avenue, Long Beach, MS 39560 is currently listed for sale with an asking price of $632,000. Search Long Beach real estate on www.mozingoauctions.com today.