274 Mcdonnell Avenue, Biloxi, MS 39531 (MLS# 4054366)
274 Mcdonnell Avenue, Biloxi, MS 39531
$715,000
Property Type:
Res Income Multi-Fam
Bedrooms:
54
Square Footage:
17,513
Lot Size (sq. ft.):
37,897
Status:
Closed
Current Price:
$990,000
List Date:
7/27/2023
Last Modified:
12/11/2024
Overview
Description
Great Investment with Value-Add Opportunity: 18 door Apartment Complex 94.4% occupancy rate. Close to Keesler AFB and 1/2 mile from the beach. Did not receive water in Katrina.
Listing Details MLS# 4054366
General Property Information
- # of Units Included in Sale
- 18
- Approx Lot Size Acres
- 0.87
- Approx H/C SqFt
- 17513
- SqFt Source
- Public Records
- List Price/SqFt
- 56.53
- Year Built
- 1999
- Year Built Source
- Public Records
- Total Floors
- 2
- Bedrooms Total
- 54
- Bathrooms Full
- 18
- Furnished
- No
- Accessibility Features
- No
- Complex Name
- Jayson Cove Apartments
- New Construction
- No
- Bathrooms Half
- 0
- Bathrooms Three Quarter
- 0
Property Features
Structure Type:
Multi Family
Additional Type Details:
Apartment Complex
Levels:
Two
Owner Pays:
Grounds Care; Taxes; Trash Collection; Water
Tenant Pays:
Electricity
Cooling:
Central Air
Heating:
Central
Utilities:
Electricity Connected; Sewer Connected; Water Connected
Sewer:
Public Sewer
Water Source:
Public
Foundation Details:
Slab
Listing Terms:
1031 Exchange; Cash; Conventional
Roof:
Shingle
Exterior Features:
See Remarks
Patio And Porch Features:
Front Porch
Driveway Features:
Paved Drive
Parking Features:
Parking Lot; Paved
Community Features:
Near Entertainment
Waterfront Features:
Beach Access
Disclosures:
As Is
Address and Location Information
- Street Number
- 274
- Street Name
- Mcdonnell
- Street Suffix
- Avenue
- County
- Harrison
- State
- MS
- Zip Code
- 39531
- Parcel Number
- 1210g-02-032.000
- Subdivision
- Metes And Bounds
- Directions to Property
- From Beach Blvd in Biloxi go north on McDonnell Ave 1/2 mile. Property is located on the right (east) side of McDonnell.
- N or S of I-10
- S
- N or S of CSX Railroad Track
- N
Listing Information
- Listing Service
- Full Service
Tax and Financial Information
- Tax Annual Amount
- 12010
- Tax Year
- 2022
- Homestead Y/N
- No
- Additional Exemptions Y/N
- No
- Zoning
- Multiple Family Residential
- Flood Insurance Required?
- Subject to Survey
- Leasehold Y/N
- No
- Association
- No
- Covenants Y/N
- No
- Legal Description
- LOT 150 X 290 FT S BY REDDING E BY KRUSE N BY SULLIVAN W BY MCDONNELL AVE SEC BLK 25-7-10
Status Change Info
- Contract Date/Pending Date
- 2023-08-16
- Closing Date
- 2023-11-17
- Sold Price/SqFt
- 40.83
More Information
Waterfront Features
- Waterfront
- No
- Beach Access
- Yes
Showing Requirements
- Showing
- Appointment Required
Remarks & Miscellaneous
- Public Remarks
- Great Investment with Value-Add Opportunity: 18 door Apartment Complex 94.4% occupancy rate. Close to Keesler AFB and 1/2 mile from the beach. Did not receive water in Katrina.
Structure Type
- Multi Family
- Yes
Income & Expenses
- Annual Net Income
- 12400
Additional Type Details
- Apartment Complex
- Yes
Levels
- Two
- Yes
Sewer
- Public Sewer
- Yes
Water Source
- Public
- Yes
Listing Terms
- 1031 Exchange
- Yes
- Cash
- Yes
- Conventional
- Yes
Utilities
- Electricity Connected
- Yes
- Sewer Connected
- Yes
- Water Connected
- Yes
Owner Pays
- Grounds Care
- Yes
- Sewer
- Yes
- Taxes
- Yes
- Trash Collection
- Yes
- Water
- Yes
Tenant Pays
- Electricity
- Yes
Cooling
- Central Air
- Yes
Heating
- Central
- Yes
Foundation Details
- Slab
- Yes
Exterior Construction/Siding
- Siding
- Yes
Roof
- Shingle
- Yes
Exterior Features
- See Remarks
- Yes
Patio And Porch Features
- Front Porch
- Yes
Driveway Features
- Paved Drive
- Yes
Parking Features
- Parking Lot
- Yes
- Paved
- Yes
Community Features
- Near Entertainment
- Yes
Disclosures
- As Is
- Yes
Uncovered Parking?
- 1-25 Spaces
- Yes
Listing Office:
Coldwell Banker Alfonso Realty-OS-B/O
Listing Agent:
Kim R Bush
Last Updated: December - 11 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.