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Listed by Jacob Shemper • RE/MAX Real Estate Partners
$1,900,000
Est. payment /mo
Pending
2503 W 7th St. Hattiesburg, MS 39401
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 148250
Year Built 2004
Annual Tax Amount $27,804
Tax Year 27804
Lot Dimensions Parcel #'s 2-028G-05-048.01, 2-028G-05-049.00, 2-028G-05-050.00, 2-028G-05-052.00, 2-028G-05-053.00
Property Sub-Type Multi Family
Source Hattiesburg Area Association of REALTORS®
Property Description
Exceptional Multifamily Investment Opportunity in Hattiesburg! Don't miss this outstanding opportunity to add a strong income-producing asset to your investment portfolio. Located at 2701 & 2703 W. 7th Street, Hattiesburg, MS 39401, this well-maintained apartment complex features 28 one-bedroom, one-bathroom units, each offering approximately 779 square feet of comfortable living space. The property boasts an impressive 89% occupancy rate and currently generates approximately $20,650 in monthly rental income, with rental rates ranging from $750 to $800 per month. Each unit is equipped with desirable amenities including a stove, microwave, dishwasher, washer and dryer, along with durable ceramic tile flooring, making these apartments attractive to long-term tenants.
Ideally situated just minutes from The University of Southern Mississippi, US Highway 49, downtown Hattiesburg, and an abundance of popular shopping, dining, and entertainment, this location offers exceptional convenience and consistent rental demand. Whether you're expanding an existing portfolio or making your next commercial investment, this turnkey multifamily property presents an outstanding opportunity for immediate cash flow and long-term appreciation.
Ideally situated just minutes from The University of Southern Mississippi, US Highway 49, downtown Hattiesburg, and an abundance of popular shopping, dining, and entertainment, this location offers exceptional convenience and consistent rental demand. Whether you're expanding an existing portfolio or making your next commercial investment, this turnkey multifamily property presents an outstanding opportunity for immediate cash flow and long-term appreciation.
Location
State MS
County Forrest
Interior
Cooling Central Air
Flooring Ceramic Tile
Exterior
Parking Features Off Street
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Brick Veneer
Schools
High Schools City
NEARBY SCHOOL & BUSINESS
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