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USAMSJacksonFondren607 Arrowhead Dr
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$160,000

Abc - 607 Arrowhead Dr, Jackson, MS

Real Estate

For Sale

$--,---,---
532
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2297 sqft
Garage Yes
Taxes $3,038
Days Active 9
Lot Size 
Approx. Age 1948
Avg. Price Per Sqft $69
MLS® Number 4124678

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Excellent investment property in the highly desirable Fondren area! This triplex has been a popular rental for decades. It is located on a quiet street in one of Fondren's favorite neighborhoods. Unit A and Unit B each have 2 bedrooms, 1 bathroom, a living room, kitchen, and laundry hookups. The rear unit is an efficiency floorplan with a kitchen and laundry hookup. PLEASE SEE FLOORPLAN SKETCH in the photos section. The property has been owned by long-term MS investors who are retiring. The property is in need of an extensive renovation. After the property was vacated, the seller spent $12K on mold remediation and removal of damaged drywall and flooring (remediation documents will be provided). The seller decided to sell the property in as-is condition at a price that would allow investors to complete the renovation project to their specifications. When it was last leased, the property generated a gross monthly income of $2750 from all 3 units. Units B and C are metered together so the landlord paid those utilities; Unit A paid its own. This is a great opportunity to create 3 splendid market-rate rentals on one of the sweetest streets in beautiful Fondren with a potential of a combined monthly rental of around $3400 - 3800.Show Description
MLS® Number4124678
Laundry Level
Central VacNo
FireplaceNo
Acreage0.25
ExteriorPrivate Yard
GarageYes
Approx. Age1948
Basement
DrivewayConcrete Drive, Covered, Driveway, Garage
Garage Spaces
HeatCentral, Other
A/CCentral Air, Wall/Window Unit(s)
Heating Fuel

Extras

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