154 N Wind Ridge Ln., Purvis, MS 39475

$344,900
2,415
SqFt

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List Price
$344,900
Status
PENDING
Days on Market
34
MLS#
148464
Subtype
Multi Family
Year Built
2005
Living Area
2,415
Subdivision
Windridge
MLS Area Major
Oak Grove

Property Description

Four-unit investment property in Purvis, Lamar County, with all four units at 1,200 square feet -- 4,800 total square feet. Three units are leased with terms running into 2027; the fourth is vacant and ready to lease, offering immediate upside and a clean look at the interior. Market rent is $950 per unit, and each unit carries a total monthly charge of $1,012.40 including utility reimbursement, for gross potential income of $48,595.20 annually. Water, sewer, and trash are owner-paid and rebilled to residents. Currently professionally managed; management can remain in place at closing or the property can convey free of management. Uniform unit sizes keep maintenance, turnover, and budgeting predictable, and identical floor plans make renovation costs easy to model. Rent roll, 12-month income statement, and a full pro forma including taxes and insurance are available to qualified buyers. 24-hour notice required for showings -- please do not disturb occupants.

Additional Information

Taxes
$4,918
Flooring
Ceramic Tile, Laminate
Air Conditioning
Central Air
Exterior Construction
Brick Veneer
Levels
One
School District
Oak Grove

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Calculator source: Real Geeks

Listing courtesy of Realty Star Network.