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1910 Southern Avenue, Biloxi, MS 39531 (MLS# 4024057)

1910 Southern Avenue, Biloxi, MS 39531

$775,000
Property Type: Res Income Multi-Fam Bedrooms: 60 Square Footage: 34,262 Lot Size (sq. ft.): 39,640 Status: Closed
Current Price: $1,300,000 List Date: 7/21/2022 Last Modified: 11/15/2024

Description

**All offers to be received by Noon Thursday, July 28.** INVESTOR'S DREAM! This Fixer-Upper Courtyard-style Apartment complex of 44 units has incredible potential and awaits its new owner's vision! The design/layout would perfectly lend itself to a New Orleans style courtyard setting. 28 - 1 br/1 ba units and 16 - 2 br/1.5 ba units. Swimming pool is in the middle of the courtyard with Cabana for residents to entertain & hang out. Complex offers on-site laundry facilities with 6 washers & 6 dryers. Sits just a block from the beach, but in an X Flood Zone. Convenient to the beach, shopping, restaurants, entertainment, casinos, Keesler AFB and the VA.

More Information MLS# 4024057

Address and Location Information

Parcel Number: 1210k-02-027.000 Directions to Property: From Hwy 90, turn onto Camellia St. - Right onto Southern Ave. - Property is on the left. N or S of I-10: S N or S of CSX Railroad Track: S Street Number: 1910 Street Name: Southern Street Suffix: Avenue County: Harrison State: MS Zip Code: 39531 Subdivision: Greater Biloxi

Listing Information

Listing Service: Full Service Status: Closed List Date: 2022-07-21 List Price: $1,300,000 Current Price: $775,000

General Property Information

New Construction: No Property Condition: Fixer # of Units Included in Sale: 44 Approx Lot Size Acres: 0.91 Lot Size Dimensions: 240x31x120x140x5x140x125x31 SqFt Source: Assessor List Price/SqFt: 37.94 Year Built Source: Assessor Total Floors: 2 Bathrooms Half: 16 Bathrooms Three Quarter: 0 Furnished: No Pool: Yes Accessibility Features: No Approx H/C SqFt: 34262 Year Built: 1960 Bedrooms Total: 60 Bathrooms Full: 44

Tax and Financial Information

Tax Annual Amount: 16466 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: LOTS 9 - 12 BLK 29 REPLAT OF GREATER BILOXI SEC 35-7-10

Remarks & Miscellaneous

Public Remarks: **All offers to be received by Noon Thursday, July 28.** INVESTOR'S DREAM! This Fixer-Upper Courtyard-style Apartment complex of 44 units has incredible potential and awaits its new owner's vision! The design/layout would perfectly lend itself to a New Orleans style courtyard setting. 28 - 1 br/1 ba units and 16 - 2 br/1.5 ba units. Swimming pool is in the middle of the courtyard with Cabana for residents to entertain & hang out. Complex offers on-site laundry facilities with 6 washers & 6 dryers. Sits just a block from the beach, but in an X Flood Zone. Convenient to the beach, shopping, restaurants, entertainment, casinos, Keesler AFB and the VA.

Status Change Info

Sold Price/SqFt: 22.62 Contract Date/Pending Date: 2022-07-29 Closing Date: 2022-11-21

Structure Type

Multi Family: 1

Income & Expenses

Annual Net Income: 184778 Gross Operating Income: 945535 Total Operating Expenses: 760756 See Remarks: 1

Architectural Style

Mid-Century Modern: 1

Lot Features

City Lot: 1 Corner Lot: 1 Near Beach: 1 Rectangular Lot: 1

Additional Type Details

Apartment Complex: 1

Levels

Two: 1

Sewer

Public Sewer: 1

Water Source

Public: 1

Listing Terms

Cash: 1 Conventional: 1

Waterfront Features

See Remarks: 1

Showing Requirements

Showing: Appointment Required Lockbox Location: See Remarks

Interior Features

Ceiling Fan(s): 1 Open Floorplan: 1

Utilities

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

Owner Pays

Exterior Maintenance: 1 Insurance: 1 Sewer: 1 Taxes: 1 Water: 1

Special Purpose Rooms

Living/Dining Combo: 1

Tenant Pays

Cable TV: 1 Electricity: 1 Insurance: 1

Kitchen Features

Kitchen/Family Room View: 1

Bathroom Features

6 Foot Tub: 1 Ceramic Tile: 1 Shared Primary Bath: 1

Fireplace Features

None: 1

Appliances

Free-Standing Electric Range: 1 Free-Standing Refrigerator: 1 Water Heater: 1

Walls - Interior

Sheetrock: 1

Flooring

Carpet: 1 Ceramic Tile: 1 Combination: 1

Door Features

Metal Insulated: 1

Laundry Features

Common Area: 1

Cooling

Central Air: 1

Heating

Central: 1 Electric: 1

Foundation Details

Slab: 1

Exterior Construction/Siding

Brick Veneer: 1

Roof

Flat: 1 Rubber: 1

Exterior Features

Awning(s): 1 Balcony: 1 Courtyard: 1

Driveway Features

Paved Drive: 1

Parking Features

On Street: 1 Paved: 1

Other Structures

Cabana: 1 Gazebo: 1

Community Features

Boating: 1 Fishing: 1 Golf: 1 Marina: 1 Near Entertainment: 1 Pool: 1 Restaurant: 1 RV Parking: 1 Shopping Nearby: 1 Other: 1

Pool Features

In Ground: 1

Water Heater

40 Gallons or Less: 1 Electric: 1

Disclosures

As Is: 1 Investment: 1

Approx Age Code

Older Home 25+ Years: 1

Property Features

Structure Type: Multi Family Additional Type Details: Apartment Complex Architectural Style: Mid-Century Modern Lot Features: City Lot; Corner Lot; Near Beach; Rectangular Lot Levels: Two Owner Pays: Exterior Maintenance; Insurance; Taxes; Water Tenant Pays: Cable TV; Electricity; Insurance Interior Features: Ceiling Fan(s); Open Floorplan Special Purpose Rooms: Living/Dining Combo Kitchen Features: Kitchen/Family Room View Bathroom Features: 6 Foot Tub; Ceramic Tile; Shared Primary Bath Fireplace Features: None Appliances: Free-Standing Electric Range; Free-Standing Refrigerator; Water Heater Walls - Interior: Sheetrock Flooring: Carpet; Ceramic Tile; Combination Door Features: Metal Insulated Laundry Features: Common Area Cooling: Central Air Heating: Central; Electric Utilities: Electricity Connected; Sewer Connected; Water Connected Sewer: Public Sewer Water Source: Public Foundation Details: Slab Listing Terms: Cash; Conventional Roof: Flat; Rubber Exterior Features: Awning(s); Balcony; Courtyard Driveway Features: Paved Drive Parking Features: On Street; Paved Other Structures: Cabana; Gazebo Community Features: Boating; Fishing; Golf; Marina; Near Entertainment; Pool; Restaurant; RV Parking; Shopping Nearby; Other Pool Features: In Ground Waterfront Features: See Remarks Water Heater: 40 Gallons or Less; Electric Disclosures: As Is; Investment Approx Age Code: Older Home 25+ Years
Listing Office: Coldwell Banker Alfonso Realty-BSL
Listing Agent: Wendy H Boyd
Last Updated: November - 15 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.