Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 0-bedroom, 0-bathroom residential multi family at 1015 W Pine St in Hattiesburg, MS is listed for $2,000,000 ($103 per sqft). Built in 1972, the home offers 19,500 sqft of living space on a 1.00 acres lot.
This 32-unit complex will be an excellent addition to your investment portfolio. 12 units have been under a corporate contract for the past 6 years, contributing to income stability. Several other upside features include location in a progressive college town, within City limits & everything metro living has to offer; historical occupancy rate of 90% or higher; same Owner for the past 6 years; room for rent increases.
** (12) 1 BR/1 Bath units & (20) 2 BR/1 Bath units. Ongoing maintenance includes replacement of 14 hot water heaters, 9 central AC units & more. ** Gross Income, Rent Rolls, Total Operating Expenses & Cap Rate are available to qualified Buyers. Owners have numbers to substantiate Trailing NOI as well as Stabilized NOI.
** Buyer/Investor must be pre-qualified for showing appointments. No Owner Financing. This is an ongoing business property so please do not reach out to Tenants. Let's talk! ** 55-min drive from Picayune & 40 minutes from Poplarville.
Key Features
- Built in 1972
- 1.00 acre lot
Property Details
Amenities
Monthly Cost Estimate
$10,696/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1015 W Pine St
Hattiesburg, MS 39401
Property Details
Flooring
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 1015 W Pine St is listed at $2,000,000 ($103/sqft). The estimated monthly payment is $8,667 based on 20% down at 6.5% interest.
Key features include: Built in 1972, 1.00 acre lot.
This property is listed by Paulette Egler and can be reached at 9852645342 or pegler123@gmail.com.
