154 N Wind Ridge Ln., Purvis, MS 39475

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List Price
$344,900
Days on Market
63
Status
PENDING
MLS#
148464
Living Area
2,415
Year Built
2005

Property Description

Four-unit investment property in Purvis, Lamar County, with all four units at 1,200 square feet -- 4,800 total square feet. Three units are leased with terms running into 2027; the fourth is vacant and ready to lease, offering immediate upside and a clean look at the interior. Market rent is $950 per unit, and each unit carries a total monthly charge of $1,012.40 including utility reimbursement, for gross potential income of $48,595.20 annually. Water, sewer, and trash are owner-paid and rebilled to residents. Currently professionally managed; management can remain in place at closing or the property can convey free of management. Uniform unit sizes keep maintenance, turnover, and budgeting predictable, and identical floor plans make renovation costs easy to model. Rent roll, 12-month income statement, and a full pro forma including taxes and insurance are available to qualified buyers. 24-hour notice required for showings -- please do not disturb occupants.

Additional Information

Area
Oak Grove
Subdivision
Windridge
Taxes
$4,918
Flooring
Ceramic Tile, Laminate
Cooling
Central Air
Water
Community Water
Sewer
Public Sewer
School District
Oak Grove

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Listing courtesy of Realty Star Network.