12525 Canal Road, Gulfport, MS 39503 (MLS# 4016307)

12525 Canal Road, Gulfport, MS 39503

$800,000

Property Type: Res Income Multi-Fam Bedrooms: 18 Square Footage: 8,950 Status: Closed

Current Price: $800,000 List Date: 5/02/2022 Last Modified: 11/15/2024

Overview

Description

This unique income producing opportunity is tucked away in a beautiful private country setting just off Canal Rd. The property consists of 4 charming, well-maintained Acadian-style buildings totaling 10 units- all on one parcel. 3 duplexes & 1 quadruplex. Three floor plans- all are single story flats. 4- 2 Bed/1.5 Bath 4- 2 Bed/1.0 Bath 2- 1 Bed/1 Bath W/D hook ups in each unit. X Flood Zone. ALL UNITS ARE OCCUPIED with great tenants on month-to-month leases. Tenants pay all utilities. Current Annual Gross Rents $80,820 Upside potential. The photos show the inside of one of the 2 bedroom/ I bath units. More photos coming soon. POF or PQ required before setting appointment to show. 48 hour advance notice required to show. Call the listing agent to schedule showings and for information on the property. DO NOT DISTURB THE TENANTS

Listing Details MLS# 4016307

General Property Information

# of Units Included in Sale: 10
Approx H/C SqFt: 8950
SqFt Source: Appraiser
List Price/SqFt: 86.59
Year Built: 1987
Year Built Source: Public Records
Total Floors: Yes
Bedrooms Total: 18
Bathrooms Full: 10
Bathrooms Half: 4
Furnished: No
Accessibility Features: No

Property Features

Structure Type: See Remarks Architectural Style: See Remarks Lot Features: Level; Many Trees Levels: One Owner Pays: Exterior Maintenance; Grounds Care; Repairs; Taxes Tenant Pays: All Utilities Interior Features: Crown Molding; High Ceilings; Laminate Counters Pets Allowed: Call Appliances: Dishwasher; Free-Standing Range; Refrigerator Walls - Interior: Sheetrock; Wood; Other Flooring: Ceramic Tile; Combination; Laminate; Vinyl; See Remarks Window Features: Blinds Laundry Features: Electric Dryer Hookup; Inside; Washer Hookup Cooling: Central Air; Electric Heating: Central; Electric Utilities: Electricity Connected; Sewer Connected; Water Connected Sewer: Public Sewer Water Source: Public Foundation Details: Pillar/Post/Pier; Slab Listing Terms: Cash; Conventional Roof: Metal Exterior Features: Private Yard; Rain Gutters; Satellite Dish; Other Patio And Porch Features: Deck; Porch Fencing: Chain Link; Partial Driveway Features: Paved Drive Parking Features: Paved Community Features: Near Entertainment; Schools Nearby; Shopping Nearby Waterfront Features: View; See Remarks Water Heater: Electric Lease Term: Month To Month Approx Age Code: Older Home 25+ Years Available Documents: Survey

Address and Location Information

Street Number: 12525
Street Name: Canal
Street Suffix: Road
County: Harrison
State: MS
Zip Code: 39503
Parcel Number: 0608a-01-001.001
Subdivision: Metes And Bounds
N or S of I-10: N
N or S of CSX Railroad Track: N

Listing Information

Listing Service: Full Service

Tax and Financial Information

Tax Annual Amount: 5923
Tax Year: 2021
Homestead Y/N: No
Additional Exemptions Y/N: No
Flood Insurance Required?: Subject to Survey
Leasehold Y/N: No
Association: No
Covenants Y/N: No
Legal Description: COM AT NE COR SEC 1-7-12 W ALONG N SEC LINE 550 FT TO POB S 350 FT W 100 FT N 350 FT E 100 FT TO POB CONTG .09 AC(C) SEC 1-7-12

Status Change Info

Contract Date/Pending Date: 2022-05-05
Closing Date: 2022-05-24
Sold Price/SqFt: 89.39

More Information

Barn Features

Barn: No

Horse Amenities

Horse Amenities: No

Showing Requirements

Showing: Appointment Required

Listing Office: Coldwell Banker Alfonso Realty-Lorraine Rd

Listing Agent: Jill Anderson

Last Updated: November - 15 - 2024