About This Home
This 5-bedroom, 1-bathroom residential multi family at 1015 W Pine St in Hattiesburg, MS is listed for $2,000,000 ($81 per sqft). Built in 1972, the home offers 24,576 sqft of living space on a 0.94 acres lot.
Key Features
- Built in 1972
- 0.94 acre lot
Property Details
Amenities
At only $81.38/SF living area, this 32-unit complex in desirable Flood Zone C is an excellent addition to your investment portfolio. 12 units have been under a corporate contract for more than 6 yrs & the contract has been maintained by same Owners for the past 6 yrs.
Property is included in the exciting new "Right Down Broadway" Overlay Project; progressive college town; within City limits with all metro perks; on-site laundry; potential for rent increases. ** (12) 1 BR/1 Bath units & (20) 2 BR/1 Bath units. 14 hot water heaters & 9 central AC units replaced.
Metal roof on rear building. ** 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; no Owner Financing. This is an ongoing business listing so please do not reach out to Tenants. Call me with questions. ** 55-min drive from Picayune & 40 min from Poplarville.
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 5-bedroom, 1-bathroom residential multi family at 1015 W Pine St is listed at $2,000,000 ($81/sqft). The estimated monthly payment is $10,696 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1972, 0.94 acre lot.
This property is listed by Paulette Egler and can be reached at 9852645342.