508 E Main St., Lumberton, MS 39455

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List Price
$49,700
Status
ACTIVE
Days on Market
283
Price Change
▼ $3,800 1779484405
MLS#
145260
Subtype
Multi Family
Year Built
1965
Living Area
2,174
MLS Area Major
Lumberton

Property Description

VALUE-ADD / HEAVY REHAB OPPORTUNITY - Triplex in Lumberton! Investor special located on a corner lot on the main road in the heart of Lumberton. While the property will require significant repairs and renovation before it's rent-ready, it is structurally in great shape, making it an excellent candidate for a full rehab and long-term cash flow. At just 55k, this is a chance to pick up a multi-unit property at an entry-level price point and build equity through improvements ideal for experienced investors, contractors, or anyone looking for their next value-add project. As an added benefit, there's an option to purchase the neighboring lot as well, giving you added flexibility for extra parking, outdoor space, storage, or future expansion (buyer to verify feasibility and zoning). Bring your vision, your crew, and your plan—this one is all about the potential.

Additional Information

Taxes
$410
Flooring
Laminate
Air Conditioning
Central Air
Exterior Construction
Block
Levels
One
School District
Lumberton

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Calculator source: Real Geeks

Listing courtesy of Real Broker.