About This Home

This 6-bedroom, 4-bathroom residential multi family at 2401 Esplanade Street lot: A & B in Ocean Springs, MS is listed for $255,000 ($102 per sqft). Built in 2010, the home offers 2,500 sqft of living space on a 0.11 acres lot.

Key Features

  • Built in 2010
  • 0.11 acre lot
  • 2 stories
  • 4 parking spaces
  • Private pool

Property Details

2 stories
4 full
4 spaces
2010

Amenities

PoolA/C
Listing Description

Turnkey investment opportunity with an assumable FHA loan at just 3.7% (subject to lender approval and buyer qualification)! This well-maintained duplex features two spacious units, each offering 1,250 square feet with 3 bedrooms and 2 full bathrooms.

Unit A occupies the entire upper level and features a private balcony, while Unit B offers convenient ground-level access with a welcoming front porch. Both units are currently tenant-occupied, providing immediate rental income from day one. Each unit is separately metered for electricity and water, allowing tenants to pay their own utilities, while the owner is responsible only for the HOA dues.

Washer and dryer hookups are available in both units, and the washer and dryer in Unit A will convey with the sale. Positioned in one of the most desirable locations within the community, this duplex sits directly across from the neighborhood pool and enjoys the added benefit of no neighboring property on one side, thanks to the adjacent vacant lot.

These features provide a more open feel, additional privacy, and a setting that stands out from many other duplexes in the subdivision. Conveniently located near shopping, dining, entertainment, Keesler Air Force Base, downtown Ocean Springs, and within the highly regarded St.

Martin School District, this property offers an excellent opportunity for investors seeking immediate cash flow with long-term appreciation potential. Income-producing duplexes with assumable low-interest financing are rarely available, making this an exceptional opportunity to secure both immediate cash flow and below-market financing.

Whether you're looking to expand your portfolio or purchase your first income-producing property, this duplex combines strong rental appeal, an exceptional location within the neighborhood, and the rare opportunity to assume an FHA loan with a 3.7% interest rate (subject to lender approval and buyer qualification). Schedule your showing today.

Monthly Cost Estimate

$1,430/mo

20% down · 6.5% · 30 years

Principal$184
Interest$1,105
Insurance$74
HOA$66

Estimates only. Actual payments may vary.

Location

2401 Esplanade Street lot: A & B

Ocean Springs, MS 39564

Orleans Place

Property Details

Flooring

CarpetVinyl

Pool Features

Porch

Questions & Answers

This 6-bedroom, 4-bathroom residential multi family at 2401 Esplanade Street lot: A & B is listed at $255,000 ($102/sqft). The estimated monthly payment is $1,429 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $66/month.

Key features include: Built in 2010, 0.11 acre lot, 2 stories, 4 parking spaces, Private pool.

This property is listed by Carl Watson and can be reached at 2282313866.

CW

Carl Watson

Agent at Century 21 Busch Realty Group

(228) 231-3866

Listed by Century 21 Busch Realty Group · View on Broker Site

MLS# 4156344· Source: listhub· 1 day on market

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2401 Esplanade Street lot: A & B, Ocean Springs, MS 39564

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