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Listed by Jason Gunter • Realty Star Network
$344,900
Est. payment /mo
2,415 SqFt
New
154 N Wind Ridge Ln. Purvis, MS 39475
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,415 sqft
Price per Sqft $142
Subdivision Windridge
MLS Listing ID 148464
Year Built 2005
Annual Tax Amount $4,918
Tax Year 4918
Lot Dimensions 125' x 135'
Property Sub-Type Multi Family
Source Hattiesburg Area Association of REALTORS®
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.
Location
State MS
County Lamar
Community Windridge
Interior
Cooling Central Air
Flooring Laminate, Ceramic Tile
Exterior
Garage Spaces 1.0
Building
Sewer Public Sewer
Water Community Water
Structure Type Brick Veneer
Schools
High Schools Oak Grove
NEARBY SCHOOL & BUSINESS
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