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

1910 Southern Avenue, Biloxi, MS 39531

$775,000

Cabana Courtyard Front entrance on Southern Ave

Cabana Courtyard Front entrance on Althea St

Cabana Courtyard Front entrance on Begonia St

Cabana Courtyard Apts satellite map view

Cabana Courtyard Apts Flood Map shows X zone

Living dining area from front door in 2 br unit

Spacious bedroom view in from door of 2 br unit

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

Overview

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.

Listing Details MLS# 4024057

General Property Information

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

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

Address and Location Information

Street Number: 1910
Street Name: Southern
Street Suffix: Avenue
County: Harrison
State: MS
Zip Code: 39531
Parcel Number: 1210k-02-027.000
Subdivision: Greater Biloxi
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

Listing Information

Listing Service: Full Service

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

Status Change Info

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

More Information

Showing Requirements

Showing: Appointment Required
Lockbox Location: See Remarks

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.

Structure Type

Multi Family: Yes

Income & Expenses

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

Architectural Style

Mid-Century Modern: Yes

Lot Features

City Lot: Yes
Corner Lot: Yes
Near Beach: Yes
Rectangular Lot: Yes

Additional Type Details

Apartment Complex: Yes

Levels

Two: Yes

Sewer

Public Sewer: Yes

Water Source

Public: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Waterfront Features

See Remarks: Yes

Interior Features

Ceiling Fan(s): Yes
Open Floorplan: Yes

Utilities

Electricity Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Owner Pays

Exterior Maintenance: Yes
Insurance: Yes
Sewer: Yes
Taxes: Yes
Water: Yes

Special Purpose Rooms

Living/Dining Combo: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes
Insurance: Yes

Kitchen Features

Kitchen/Family Room View: Yes

Bathroom Features

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

Fireplace Features

None: Yes

Appliances

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

Walls - Interior

Sheetrock: Yes

Flooring

Carpet: Yes
Ceramic Tile: Yes
Combination: Yes

Door Features

Metal Insulated: Yes

Laundry Features

Common Area: Yes

Cooling

Central Air: Yes

Heating

Central: Yes
Electric: Yes

Foundation Details

Slab: Yes

Exterior Construction/Siding

Brick Veneer: Yes

Roof

Flat: Yes
Rubber: Yes

Exterior Features

Awning(s): Yes
Balcony: Yes
Courtyard: Yes

Driveway Features

Paved Drive: Yes

Parking Features

On Street: Yes
Paved: Yes

Other Structures

Cabana: Yes
Gazebo: Yes

Community Features

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

Pool Features

In Ground: Yes

Water Heater

40 Gallons or Less: Yes
Electric: Yes

Disclosures

As Is: Yes
Investment: Yes

Approx Age Code

Older Home 25+ Years: Yes

Listing Office: Coldwell Banker Alfonso Realty-BSL

Listing Agent: Wendy H Boyd

Last Updated: November - 15 - 2024