1540 Wilkes Avenue, Biloxi, MS 39530 (MLS# 4027048)
1540 Wilkes Avenue, Biloxi, MS 39530
$775,000
Property Type:
Commercial Sale
Bedrooms:
28
Square Footage:
13,249
Lot Size (sq. ft.):
47,480
Status:
Closed
Current Price:
$1,200,000
List Date:
8/26/2022
Last Modified:
11/20/2024
Overview
Description
Have you been Thinking about Acquiring some Rental Property in South MS....Well look no further. Wilkes Ave Apartments are perfect for your next investment! 14 Units in Total, All New Roofs, 2 Bed /1 Bath units, On Site Laundry Facility, Manicured Lawns and Sideway Area, Asphalt Parking Lot, and Beach Views. Wilkes Apartments are in the Desirable Location of 1.5 Blocks of Biloxi Beach and Close to all the the Gulf Coast Casinos, Restaurants, Minor League Baseball Field, Biloxi Upper Elementary, Keesler Air Force Base and Keesler Medical Center as well as Numerous Yearly Activities.
Listing Details MLS# 4027048
General Property Information
- Approx Lot Size Acres
- 1.09
- Lot Size Dimensions
- 222.7 x 238.3 x 173.1 x 113.8 x 119.7
- Approx H/C SqFt
- 13249
- SqFt Source
- Assessor
- List Price/SqFt
- 90.57
- Year Built
- 1960
- Year Built Source
- Public Records
- Total Floors
- 2
- Bedrooms Total
- 28
- Bathrooms Full
- 14
- Fireplace
- No
- School District
- Biloxi Public Dist
- Elementary School
- Biloxi Upper
- High School
- Biloxi
- Accessibility Features
- No
- Property Sub Type
- Apartment
- New Construction
- No
- Property Condition
- Updated/Remodeled
Property Features
Business Type:
Real Estate; Rental; Residential
Current Use:
Multi-Family
Structure Type:
Multi Family
Lot Features:
City Lot; Corner Lot; Front Yard; Near Beach
Levels:
Two
Expenses Include:
Electric; Insurance; Taxes; Water/Sewer
Walls - Interior:
Sheetrock
Flooring:
Carpet; Ceramic Tile; Laminate
Window Features:
Aluminum Frames
Cooling:
Electric
Heating:
Electric
Utilities:
Cable Available; Electricity Connected; Sewer Connected; Water Connected
Sewer:
Public Sewer
Water Source:
Public
Foundation Details:
Slab
Listing Terms:
1031 Exchange; Cash; Conventional; SBA
Roof:
Shingle
Exterior Features:
Lighting
Parking Features:
Asphalt
Flood Insurance:
Subject to Survey
Water Heater:
Electric
Available Documents:
Leases; Profit & Loss Statement
Disclosures:
As Is
Approx Age Code:
Older 25+ Years
Address and Location Information
- Street Number
- 1540
- Street Name
- Wilkes
- Street Suffix
- Avenue
- County
- Harrison
- State
- MS
- Zip Code
- 39530
- Nearest Cross Street
- St. Charles Avenue
- Parcel Number
- 1310l-02-114.000
- Subdivision
- Bienville Addition
- Directions to Property
- Beach Blvd to St. Charles, Right on Wilkes Avenue
- N or S of I-10
- S
- N or S of CSX Railroad Track
- S
Listing Information
- Property Sub Type
- Apartment
- Listing Service
- Full Service
Tax and Financial Information
- Tax Annual Amount
- 10520
- Tax Year
- 2021
- Zoning
- Multiple Family Residential
- Flood Insurance Required?
- Subject to Survey
- Leasehold Y/N
- No
- Association
- No
- Legal Description
- BEG ON N LINE OF WILKES AVE 91.11 FT W OF ST JOHN ST N 115 FT W 47.55 FT N 96.5 FT W 167.98 FT S 211.5 FT E 215.53 FT TO BEG ALSO S 25 FT OF N 1/2 OF LOTS 3 & 4 PT LOTS 2 - 4 BLK 5 BIENVILLE ADD ALSO E 5 FT OF ALLEY LYING W OF LOT NOW VACATED AS PER BK 216/555
- Complex Name
- Wilkes Ave Apartments LLC
Status Change Info
- Contract Date/Pending Date
- 2023-04-19
- Closing Date
- 2023-06-30
- Sold Price/SqFt
- 58.49
More Information
Auction
- Auction
- No
Showing Requirements
- Showing
- Appointment Required
Basement Features
- Basement
- No
Suite Details
- 1st Suite Number
- 1536
- 2nd Suite Number
- 1538
- 3rd Suite Number
- 1540
- 4th Suite Number
- 1542
- 5th Suite Number
- 1544
- 6th Suite Number
- 1546
- 7th Suite Number
- 1548
- 8th Suite Number
- 1550
- 9th Suite Number
- 1552
- 10th Suite Number
- 1554
- 11th Suite Number
- 1556
- 12th Suite Number
- 1558
- 13th Suite Number
- 1560
- 14th Suite Number
- 15620
Location
- City
- Yes
Remarks & Miscellaneous
- Public Remarks
- Have you been Thinking about Acquiring some Rental Property in South MS....Well look no further. Wilkes Ave Apartments are perfect for your next investment! 14 Units in Total, All New Roofs, 2 Bed /1 Bath units, On Site Laundry Facility, Manicured Lawns and Sideway Area, Asphalt Parking Lot, and Beach Views. Wilkes Apartments are in the Desirable Location of 1.5 Blocks of Biloxi Beach and Close to all the the Gulf Coast Casinos, Restaurants, Minor League Baseball Field, Biloxi Upper Elementary, Keesler Air Force Base and Keesler Medical Center as well as Numerous Yearly Activities.
Current Use
- Multi-Family
- Yes
Structure Type
- Multi Family
- Yes
Income & Expenses
- Annual Electric Expense
- 2652
- Annual Insurance Expense
- 16490
- Annual Water/Sewer Expense
- 6064
Business Type
- Real Estate
- Yes
- Rental
- Yes
- Residential
- Yes
Lot Features
- City Lot
- Yes
- Corner Lot
- Yes
- Front Yard
- Yes
- Near Beach
- Yes
Levels
- Two
- Yes
Sewer
- Public Sewer
- Yes
Water Source
- Public
- Yes
Listing Terms
- 1031 Exchange
- Yes
- Cash
- Yes
- Conventional
- Yes
- SBA
- Yes
Utilities
- Cable Available
- Yes
- Electricity Connected
- Yes
- Sewer Connected
- Yes
- Water Connected
- Yes
Walls - Interior
- Sheetrock
- Yes
Flooring
- Carpet
- Yes
- Ceramic Tile
- Yes
- Laminate
- Yes
Window Features
- Aluminum Frames
- Yes
Expenses Include
- Electric
- Yes
- Insurance
- Yes
- Taxes
- Yes
- Water/Sewer
- Yes
Cooling
- Electric
- Yes
Heating
- Electric
- Yes
Foundation Details
- Slab
- Yes
Exterior Construction/Siding
- Vinyl
- Yes
Roof
- Shingle
- Yes
Exterior Features
- Lighting
- Yes
Parking Features
- Asphalt
- Yes
Flood Insurance
- Subject to Survey
- Yes
Water Heater
- Electric
- Yes
Available Documents
- Leases
- Yes
- Profit & Loss Statement
- Yes
Disclosures
- As Is
- Yes
Approx Age Code
- Older 25+ Years
- Yes
Uncovered Parking?
- 1-25 Spaces
- Yes
Listing Office:
Coldwell Banker Alfonso Realty-BSL
Listing Agent:
Lindsey L Lind
Last Updated: November - 20 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.