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12525 Canal Road, Gulfport, MS 39503 (MLS# 4016307)

12525 Canal Road, Gulfport, MS 39503

$800,000
Property Type: Res Income Multi-Fam Bedrooms: 18 Square Footage: 8,950 Status: Closed
Current Price: $775,000 List Date: 5/02/2022 Last Modified: 11/15/2024

Description

This unique income producing opportunity is tucked away in a beautiful private country setting just off Canal Rd. The property consists of 4 charming, well-maintained Acadian-style buildings totaling 10 units- all on one parcel. 3 duplexes & 1 quadruplex. Three floor plans- all are single story flats. 4- 2 Bed/1.5 Bath 4- 2 Bed/1.0 Bath 2- 1 Bed/1 Bath W/D hook ups in each unit. X Flood Zone. ALL UNITS ARE OCCUPIED with great tenants on month-to-month leases. Tenants pay all utilities. Current Annual Gross Rents $80,820 Upside potential. The photos show the inside of one of the 2 bedroom/ I bath units. More photos coming soon. POF or PQ required before setting appointment to show. 48 hour advance notice required to show. Call the listing agent to schedule showings and for information on the property. DO NOT DISTURB THE TENANTS

More Information MLS# 4016307

Address and Location Information

Parcel Number: 0608a-01-001.001 N or S of I-10: N N or S of CSX Railroad Track: N Street Number: 12525 Street Name: Canal Street Suffix: Road County: Harrison State: MS Zip Code: 39503 Subdivision: Metes And Bounds

Listing Information

Listing Service: Full Service Status: Closed List Date: 2022-05-02 List Price: $775,000 Current Price: $800,000

General Property Information

New Construction: No # of Units Included in Sale: 10 SqFt Source: Appraiser List Price/SqFt: 86.59 Year Built Source: Public Records Total Floors: 1 Bathrooms Half: 4 Bathrooms Three Quarter: 0 Furnished: No Accessibility Features: No Approx H/C SqFt: 8950 Year Built: 1987 Bedrooms Total: 18 Bathrooms Full: 10

Tax and Financial Information

Tax Annual Amount: 5923 Tax Year: 2021 Homestead Y/N: No Additional Exemptions Y/N: No Flood Insurance Required?: Subject to Survey Leasehold Y/N: No Association: No Covenants Y/N: No Legal Description: COM AT NE COR SEC 1-7-12 W ALONG N SEC LINE 550 FT TO POB S 350 FT W 100 FT N 350 FT E 100 FT TO POB CONTG .09 AC(C) SEC 1-7-12

Remarks & Miscellaneous

Public Remarks: This unique income producing opportunity is tucked away in a beautiful private country setting just off Canal Rd. The property consists of 4 charming, well-maintained Acadian-style buildings totaling 10 units- all on one parcel. 3 duplexes & 1 quadruplex. Three floor plans- all are single story flats. 4- 2 Bed/1.5 Bath 4- 2 Bed/1.0 Bath 2- 1 Bed/1 Bath W/D hook ups in each unit. X Flood Zone. ALL UNITS ARE OCCUPIED with great tenants on month-to-month leases. Tenants pay all utilities. Current Annual Gross Rents $80,820 Upside potential. The photos show the inside of one of the 2 bedroom/ I bath units. More photos coming soon. POF or PQ required before setting appointment to show. 48 hour advance notice required to show. Call the listing agent to schedule showings and for information on the property. DO NOT DISTURB THE TENANTS

Status Change Info

Sold Price/SqFt: 89.39 Contract Date/Pending Date: 2022-05-05 Closing Date: 2022-05-24

Structure Type

See Remarks: 1

Architectural Style

See Remarks: 1

Lot Features

Level: 1 Many Trees: 1

Levels

One: 1

Sewer

Public Sewer: 1

Water Source

Public: 1

Listing Terms

Cash: 1 Conventional: 1

Waterfront Features

View: 1 See Remarks: 1

Showing Requirements

Showing: Appointment Required

Interior Features

Crown Molding: 1 High Ceilings: 1 Laminate Counters: 1

Utilities

Electricity Connected: 1 Sewer Connected: 1 Water Connected: 1

Owner Pays

Exterior Maintenance: 1 Grounds Care: 1 Repairs: 1 Taxes: 1

Tenant Pays

All Utilities: 1

Pets Allowed

Call: 1

Appliances

Dishwasher: 1 Free-Standing Range: 1 Refrigerator: 1

Walls - Interior

Sheetrock: 1 Wood: 1 Other: 1

Flooring

Ceramic Tile: 1 Combination: 1 Laminate: 1 Vinyl: 1 See Remarks: 1

Window Features

Blinds: 1

Laundry Features

Electric Dryer Hookup: 1 Inside: 1 Washer Hookup: 1

Cooling

Central Air: 1 Electric: 1

Heating

Central: 1 Electric: 1

Foundation Details

Pillar/Post/Pier: 1 Slab: 1

Exterior Construction/Siding

HardiPlank Type: 1

Roof

Metal: 1

Exterior Features

Private Yard: 1 Rain Gutters: 1 Satellite Dish: 1 Other: 1

Patio And Porch Features

Deck: 1 Porch: 1

Fencing

Chain Link: 1 Partial: 1

Driveway Features

Paved Drive: 1

Parking Features

Paved: 1

Community Features

Near Entertainment: 1 Schools Nearby: 1 Shopping Nearby: 1

Barn Features

Barn: No

Horse Amenities

Horse Amenities: No

Water Heater

Electric: 1

Available Documents

Survey: 1

Approx Age Code

Older Home 25+ Years: 1

Uncovered Parking?

1-25 Spaces: 1

Lease Term

Month To Month: 1

Property Features

Structure Type: See Remarks Architectural Style: See Remarks Lot Features: Level; Many Trees Levels: One Owner Pays: Exterior Maintenance; Grounds Care; Repairs; Taxes Tenant Pays: All Utilities Interior Features: Crown Molding; High Ceilings; Laminate Counters Pets Allowed: Call Appliances: Dishwasher; Free-Standing Range; Refrigerator Walls - Interior: Sheetrock; Wood; Other Flooring: Ceramic Tile; Combination; Laminate; Vinyl; See Remarks Window Features: Blinds Laundry Features: Electric Dryer Hookup; Inside; Washer Hookup Cooling: Central Air; Electric Heating: Central; Electric Utilities: Electricity Connected; Sewer Connected; Water Connected Sewer: Public Sewer Water Source: Public Foundation Details: Pillar/Post/Pier; Slab Listing Terms: Cash; Conventional Roof: Metal Exterior Features: Private Yard; Rain Gutters; Satellite Dish; Other Patio And Porch Features: Deck; Porch Fencing: Chain Link; Partial Driveway Features: Paved Drive Parking Features: Paved Community Features: Near Entertainment; Schools Nearby; Shopping Nearby Waterfront Features: View; See Remarks Water Heater: Electric Lease Term: Month To Month Approx Age Code: Older Home 25+ Years Available Documents: Survey
Listing Office: Coldwell Banker Alfonso Realty-Lorraine Rd
Listing Agent: Jill Anderson
Last Updated: November - 15 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.