Skip to main content

970 Dixon Road, Jackson, MS 39209 (MLS# 4061401)

970 Dixon Road, Jackson, MS 39209

$615,000
Property Type: Res Income Multi-Fam Bedrooms: 36 Square Footage: 11,390 Lot Size (sq. ft.): 10,454 Status: Closed
Current Price: $750,000 List Date: 10/14/2023 Last Modified: 11/15/2024

Overview

Description

Four (4) fourplexes for sale for only $750,000. This is only at $187,500 for each building. There are a total of 16 units. 12 units are 2 bedrooms and 1.5 baths and 4 units are 3 bedrooms 1.5 baths. This apartment is 60%occupied. Property includes an additional 12 acres to expand your complex in the future. All four must be purchased as a package deal. This property is a potential cash cow. Owner's expenses are maintenance, taxes, insurance, security lights, and trash (picked up bi-weekly). This awesome income generating property will not last long!

Listing Details MLS# 4061401

General Property Information

# of Units Included in Sale
15
Approx Lot Size Acres
0.24
Lot Size Dimensions
12 acres
Approx H/C SqFt
11390
SqFt Source
Estimated
List Price/SqFt
65.85
Year Built
1989
Year Built Source
Estimated
Total Floors
2
Bedrooms Total
36
Bathrooms Full
16
Bathrooms Half
16
Furnished
No
School District
Jackson Public
Elementary School
Lake
Elementary School 2
N/A
Intermediate School
N/A
Middle or Junior School
Hardy
High School
Provine
Accessibility Features
Yes
New Construction
No
Bathrooms Three Quarter
0

Property Features

Structure Type: Multi Family Additional Type Details: Apartment Complex Levels: Two Cooling: Central Air Heating: See Remarks Utilities: Cable Available; Water Available Sewer: Public Sewer Water Source: Separate Meters Foundation Details: Concrete Perimeter Listing Terms: Cash; Conventional; SBA; Other Roof: Shingle Exterior Features: None Parking Features: Common; Parking Lot

Address and Location Information

Street Number
970
Street Name
Dixon
Street Suffix
Road
County
Hinds
State
MS
Zip Code
39209
Parcel Number
0646-0061-008
Subdivision
Metes And Bounds
Directions to Property
Four (4) fourplexes for sale for only $750,000. This is only at $187,500 for each building. There are a total of 16 units. 12 units are 2 bedrooms and 1.5 baths and 4 units are 3 bedrooms 1.5 baths. This apartment is 60% occupied. All four must be purchased as a package deal. This property is a cash cow. Owner's expenses are maintenance, taxes, insurance
Community Of
N/A

Listing Information

Listing Service
Full Service

Tax and Financial Information

Tax Annual Amount
2249
Tax Year
2021
Homestead Y/N
No
Additional Exemptions Y/N
No
Flood Insurance Required?
No
Leasehold Y/N
No
Association
No
Covenants Y/N
No
Legal Description
BEG 135 FT N INT E/L DIXON RD & N/L MCCAIN AVE E 90 FT N 113 FT W 89.6 FT TO E/L RD SLY ALONG RD 113 FT TO POB IN SE 1/4 SEC 36 T6 R1W

Status Change Info

Contract Date/Pending Date
2023-11-17
Closing Date
2023-12-06
Sold Price/SqFt
53.99

More Information

Waterfront Features

Waterfront
No

Showing Requirements

Showing
Appointment Required

Remarks & Miscellaneous

Public Remarks
Four (4) fourplexes for sale for only $750,000. This is only at $187,500 for each building. There are a total of 16 units. 12 units are 2 bedrooms and 1.5 baths and 4 units are 3 bedrooms 1.5 baths. This apartment is 60%occupied. Property includes an additional 12 acres to expand your complex in the future. All four must be purchased as a package deal. This property is a potential cash cow. Owner's expenses are maintenance, taxes, insurance, security lights, and trash (picked up bi-weekly). This awesome income generating property will not last long!

Structure Type

Multi Family
Yes

Additional Type Details

Apartment Complex
Yes

Levels

Two
Yes

Sewer

Public Sewer
Yes

Water Source

Separate Meters
Yes

Listing Terms

Cash
Yes
Conventional
Yes
SBA
Yes
Other
Yes

Utilities

Cable Available
Yes
Water Available
Yes

Cooling

Central Air
Yes

Heating

See Remarks
Yes

Foundation Details

Concrete Perimeter
Yes

Exterior Construction/Siding

Brick Veneer
Yes

Roof

Shingle
Yes

Exterior Features

None
Yes

Parking Features

Common
Yes
Parking Lot
Yes
Listing Office: America's Realty- Universal
Listing Agent: Candace Thomas Harvey
Last Updated: November - 15 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.