Property Listing No Longer Available for Sale

1518 20th Ave., Gulfport, MS

Multi-family for Sale - $300,000 - 5,400 Sq. Ft. on 2 acres


Property Info

CIMLS#431439
Location
  1518 20th Ave.
  Gulfport MS 39501
UpdatedAugust 2nd, 2012
TypeMulti-family
Price$300,000
Building5,400 Sq. Ft.
Land2 acres

Property Description

6 apartment units on a corner lot in the downtown district of Gulfport. Hardwood floors, 10 ft ceilings and screened porches in an ante-bellum shotgun style floorplan. The property is located 2 blocks of the beach and with a safe walking distance any time day or night from the main bus hub and downtown retail, restaurants and entertainment. There are 2 buildings situated on the property with a 4 plex and duplex (cannot divide). Contact me anytime for additional information and property flier.


Financials

Rents range from $500 to $650 monthly. Landlord expenses include water/sewer, insurance, property taxes, and electric for exterior lighting and coin laundry. Laundry income is an additional +/-$2,000 annually to the listed income.