, (MLS# 4050772)

$1,100,000

Property Type: Res Income Multi-Fam Bedrooms: 99 Square Footage: 47,684 Lot Size (sq. ft.): 121,097 Status: Closed

Current Price: $1,100,000 List Date: 11/01/2023 Last Modified: 8/12/2026

Overview

Description

EXCELLENT GROWTH POTENTIAL! Tall Pines Apartments is a complex comprised of 56 units divided among 7 buildings. All units are 2bed/1bath, 27 units have a washer/dryer combo. A moderate investment for updates and rehab of unoccupied units will provide increased income potential for your investment portfolio. This complex is located in a bustling market in need of rental housing. This property affords so much long-term potential for positive growth. Jackson County is one of the strongest growing counties in Mississippi, which is witnessing incredible economic growth due, much in part, to the Blue Economy. Pascagoula is home to Ingalls Shipbuilding, owned by Huntington Ingalls Industries, the state's largest private, single-site employer, as well as the largest Chevron refinery in the world. Other major industries include the Rolls-Royce Naval Marine, specializing in U.S. Navy ship propulsion, First Chemical/Chemours, and the Singing River Hospitals and Health Systems along the ... (Read more)

Listing Details MLS# 4050772

General Property Information

# of Units Included in Sale: 56
Approx Lot Size Acres: 2.78
Approx H/C SqFt: 47684
SqFt Source: Public Records
List Price/SqFt: 31.71
Year Built: 1974
Year Built Source: Public Records
Total Floors: 2
Bedrooms Total: 99
Bathrooms Full: 56
Furnished: No
Accessibility Features: No

Property Features

Structure Type: Lowrise 1-2 Floors Additional Type Details: Apartment Complex Levels: Two Owner Pays: Grounds Care; Insurance; Repairs; Taxes; Trash Collection; Water Tenant Pays: Cooling; Deposit; Electricity; Heating Laundry Features: Common Area; Electric Dryer Hookup; Washer Hookup Cooling: Central Air Heating: Central Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Sewer: Public Sewer Water Source: Public Foundation Details: Slab Listing Terms: Cash; Conventional Roof: Shingle Exterior Features: None Parking Features: Paved Available Documents: Leases; Marketing Package

Address and Location Information

Parcel Number: 4-12-30-154.000
Subdivision: Metes And Bounds
Directions to Property: From Hwy 90 go south on Hospital Rd, left on Bartlet, right on Eden Street, left on Scovel Avenue
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: 19646
Tax Year: 2022
Homestead Y/N: No
Additional Exemptions Y/N: No
Zoning: Multiple Family Residential
Flood Insurance Required?: Yes
Leasehold Y/N: No
Association: No
Covenants Y/N: No
Legal Description: COM S/M SCOVEL ST & W/L SEC 18 E 75' FOR POB S 577' E 210' N N 577' W 210' TO POB ALL UNITS IN TALL PINES CONDOS NOW CALLED TALL PINE RENTALS DB 1730-367 (173 MAP853.07-04) '55 UNITS'

Status Change Info

Contract Date/Pending Date: 2023-11-30
Closing Date: 2023-12-11
Sold Price/SqFt: 23.07

More Information

Waterfront Features

Waterfront: No

Showing Requirements

Showing: Appointment Required

Listing Office: Coldwell Banker Alfonso Realty-OS-B/O

Listing Agent: Kim R Bush

Last Updated: August - 12 - 2026