Well cared for, income producing five unit complex located just a short stroll from the beach and not in a flood zone. This fully occupied property offers excellent cash flow with a total monthly rental income of $5,400.
The front building features four spacious one bedroom one bath two story units with large living areas and bedrooms. The second building is a single story two bedroom unit with tile flooring throughout and a screened back porch.
Property has been well maintained. Each unit includes washer and dryer along with an icemaker in the freezer. Low maintenance setup with all units currently under lease, making this a turnkey investment opportunity.
Excellent opportunity for investors seeking strong and stable income in a desirable coastal location.
Property Features
Cooling Information
Ceiling Fan(s)
Central Air
Exhaust Fan
House Interior
Breakfast Bar
Granite Counters
Utilities
Electricity Available
Water Connected
Waterfront and Water Access
Beach Access
Heating Information
Central
Water Features
Public
Parking
Common
Fire Place
None
School Information
School Information for 406 Russell Avenue, Long Beach, MS 39560
Elementary School
Harper Mccaughan
Middle School
Long Beach Middle School
High School
Long Beach
Listing Courtesy: Premier Living Realty, LLC - 601-790-1772
Presented by: Ajuanzie Ross Johnson
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Neighborhood Market Statistics
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from MLS United.