1950 Pascagoula Street, Pascagoula, MS 39567 (MLS# 3314267)
1950 Pascagoula Street, Pascagoula, MS 39567
$650,000
Property Type:
Res Income Multi-Fam
Square Footage:
18,358
Lot Size (sq. ft.):
94,525
Status:
Closed
Current Price:
$725,000
List Date:
12/06/2016
Last Modified:
11/14/2024
Description
24 Units (16 @ 2/1 and 8 @ 1/1) situated on 2.17 acres. VERY nice area of Pascagoula near central business district, 100% occupancy, actual rents are $550 for 2/1 and $450 for 1/1. Above numbers are based on Proforma NOI.
More Information MLS# 3314267
Address and Location Information
Parcel Number: 41940040.000
N or S of I-10: S
N or S of CSX Railroad Track: N
Street Number: 1950
Street Name: Pascagoula
Street Suffix: Street
County: Jackson
State: MS
Zip Code: 39567
Subdivision: Metes And Bounds
General Property Information
New Construction: No
# of Units Included in Sale: 24
Approx Lot Size Acres: 2.17
Lot Size Dimensions: 551x90x548x108
SqFt Source: Appraiser
List Price/SqFt: 39.49
Year Built Source: Appraiser
Approx H/C SqFt: 18358
Year Built: 1960
Tax and Financial Information
Tax Annual Amount: 9854
Legal Description: Lot 208 N 97 of 52838 lot.
Remarks & Miscellaneous
Public Remarks: 24 Units (16 @ 2/1 and 8 @ 1/1) situated on 2.17 acres. VERY nice area of Pascagoula near central business district, 100% occupancy, actual rents are $550 for 2/1 and $450 for 1/1. Above numbers are based on Proforma NOI.
Status Change Info
Sold Price/SqFt: 35.41
Contract Date/Pending Date: 2016-12-29
Closing Date: 2017-03-13
Income & Expenses
Annual Net Income: 65544
Gross Operating Income: 146880
Sewer
Public Sewer: 1
Water Source
Public: 1
Listing Terms
Cash: 1
Conventional: 1
Owner Pays
Sewer: 1
Trash Collection: 1
Water: 1
Tenant Pays
Electricity: 1
Appliances
Dishwasher: 1
Oven: 1
Range: 1
Refrigerator: 1
Walls - Interior
Sheetrock: 1
Flooring
Carpet: 1
Other: 1
See Remarks: 1
Cooling
Central Air: 1
Electric: 1
Heating
Electric: 1
Foundation Details
Slab: 1
Exterior Construction/Siding
Brick Veneer: 1
Community Features
Schools Nearby: 1
Shopping Nearby: 1
Water Heater
Electric: 1
Available Documents
APOD: 1
Marketing Package: 1
Pro Forma: 1
Approx Age Code
Older Home 25+ Years: 1
Parking Spaces
1 Space Unit: 1
Lease Term
6 Months: 1
Unit 1
Bedrooms: 2
Full Baths: 1
Rent: 600
Furnished: No
Description: 16 units
Unit 2
Bedrooms: 1
Full Baths: 1
Rent: 500
Furnished: No
Description: 8 units
Listing Information
Status: Closed
List Date: 2016-11-29
List Price: $725,000
Current Price: $650,000
Property Features
Owner Pays: Trash Collection; Water
Tenant Pays: Electricity
Appliances: Dishwasher; Oven; Range; Refrigerator
Walls - Interior: Sheetrock
Flooring: Carpet; Other; See Remarks
Cooling: Central Air; Electric
Heating: Electric
Sewer: Public Sewer
Water Source: Public
Foundation Details: Slab
Listing Terms: Cash; Conventional
Community Features: Schools Nearby; Shopping Nearby
Water Heater: Electric
Lease Term: 6 Months
Approx Age Code: Older Home 25+ Years
Parking Spaces: 1 Space Unit
Available Documents: APOD; Marketing Package; Pro Forma
Listing Office:
Sawyer Real Estate, Inc. Of Ms.
Listing Agent:
Brian P Bolis
Last Updated: November - 14 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.