115 O'ferrell Avenue Jackson, MS 39209

Multi-Family Residence

28 Beds

14 Baths

5,763 Sq. Ft.

1 Acre Lot

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Last updated on 9/26/2024 4:09 PM

Listing Details

Explore this promising investment opportunity with a 14-unit apartment complex located near the Jackson Zoo. This property offers significant potential for both immediate and long-term returns. All 14 apartments are 2-bedroom units. They are generating monthly rents ranging from $550 to $675, while... four units are vacant,. Overall improvements were made to the exterior of both buildings and numerous apartments were improved on the interior to enhance full occupancy of this complex. The property is management-intensive, making it ideal for hands-on investors. The current monthly income from the occupied units are approximately $5875. Please note current month financial records or rent rolls are available. Units will be shown only with an acceptable contract, and proof of funds is required for any offer to be considered. Additionally, a third building with 7-8 units was destroyed in a fire in 2016 and has since been removed. The space is now open for a new construction project (please verify zoning regulations;). This property represents a unique opportunity to enhance value and achieve high returns in a desirable location.. Don't miss out., contact your favorite Realtor today to submit your offer. Continue reading

MLS#

4082833

Property Type

Multi-Family

Bedrooms

Bathrooms

14 Full

Year Built

1969

Square Feet

5,763 sq. ft

Lot Size