About This Home
This 0-bedroom, 0-bathroom commercial at 100 Elizabeth Street in Picayune, MS is listed for $550,000 ($118 per sqft). the home offers 4,650 sqft of living space on a 0.24 acres lot.
Key Features
- 0.24 acre lot
**100 Elizabeth Street | Picayune, Mississippi** **Multifamily Investment Opportunity** This six-unit multifamily property presents an exceptional investment opportunity in the heart of downtown Picayune. Offering stable in-place cash flow, multiple income streams, and immediate upside potential, this asset is well-positioned for investors seeking long-term income and operational flexibility.
Property Highlights * Six-unit multifamily property * Three 2-bedroom, 1-bath apartments * Three 1-bedroom, 1-bath apartments * Prime downtown corner location with dual street frontage * Adjoining parcel included for dedicated tenant parking * Municipal utilities * Located in Flood Zone X * Zoned C-2 Downtown Commercial Income-Producing Features *
Established rental property with documented operating history * Diversified income through both traditional apartment rentals and an existing furnished corporate rental * Furnished corporate rental has generated income through Airbnb, VRBO, direct bookin
Monthly Cost Estimate
$2,942/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
100 Elizabeth Street
Picayune, MS 39466
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 100 Elizabeth Street is listed at $550,000 ($118/sqft). The estimated monthly payment is $2,941 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 0.24 acre lot.
This property is listed by Amy Olson and can be reached at 2285969916.
