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About This Home
This 4-bedroom, 4-bathroom residential multi family at 1605 Fern Avenue in Gulfport, MS is listed for $225,000 ($103 per sqft). Built in 1945, the home offers 2,181 sqft of living space on a 0.25 acres lot.
Excellent income-producing investment opportunity featuring four rental units with a strong rental history. The property offers a mix of spacious 2-bedroom/1-bath units and studio apartments, providing diversified rental income potential. Studio units include all utilities, adding convenience for tenants.
Whether you're expanding your portfolio or seeking a turnkey investment, this property presents a great opportunity for steady cash flow. Current Rental Rates: Unit A (2BR/1BA): $995/month Unit B (2BR/1BA): $995/month Unit C (Studio): $695/month (all utilities included) Unit D (Studio): $695/month (all utilities included)
Key Features
- Built in 1945
- 0.25 acre lot
Property Details
Amenities
Monthly Cost Estimate
$1,203/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1605 Fern Avenue
Gulfport, MS 39501
Gulf Gardens
Property Details
Flooring
Pool Features
Questions & Answers
This 4-bedroom, 4-bathroom residential multi family at 1605 Fern Avenue is listed at $225,000 ($103/sqft). The estimated monthly payment is $975 based on 20% down at 6.5% interest.
Key features include: Built in 1945, 0.25 acre lot.
This property is listed by Nicole S Sanchez and can be reached at 2282431222 or nskw671@gmail.com.
