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Listed by Scott Holmes • Legacy Realty Group
$270,000
Est. payment /mo
Active
114 W 6th Ave. Petal, MS 39465
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 148904
Year Built 1963
Annual Tax Amount $2,870
Tax Year 2870
Lot Dimensions 75' x 125'
Property Sub-Type Multi Family
Source Hattiesburg Area Association of REALTORS®
Property Description
Investment opportunity in Petal! Two duplexes being sold together for a total of four rental units--two 2BR/1BA units and two 1BR/1BA units. Current scheduled rents total $2,575 per month. Each unit features a living room, kitchenette, full bath, individual laundry area, and two concrete off-street parking spaces directly in front of the unit. One of the 2BR units was refreshed in 2024 with new flooring and interior paint, providing a good example of the potential to further improve the remaining units and increase future rental income. Pictures are of the renovated 2br/1ba. Both duplexes received new roofs in 2025. Tenants pay their own electric and gas; owner currently pays water. A solid income-producing property with additional value-add potential.
Location
State MS
County Forrest
Interior
Flooring Concrete, Laminate, Vinyl
Building
Structure Type See Remarks,Brick Veneer
Schools
High Schools Petal
NEARBY SCHOOL & BUSINESS
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