New Listing
Description
Four-unit investment property in Purvis, Lamar County, with all four units at 1,200 square feet -- 4,800 total square feet. Three units are leased with terms running into 2027; the fourth is vacant and ready to lease, offering immediate upside and a clean look at the interior. Market rent is $950 per unit, and each unit carries a total monthly charge of $1,012.40 including utility reimbursement, for gross potential income of $48,595.20 annually. Water, sewer, and trash are owner-paid and rebilled to residents. Currently professionally managed; management can remain in place at closing or the property can convey free of management. Uniform unit sizes keep maintenance, turnover, and budgeting predictable, and identical floor plans make renovation costs easy to model. Rent roll, 12-month income statement, and a full pro forma including taxes and insurance are available to qualified buyers. 24-hour notice required for showings -- please do not disturb occupants.
Details
| MLS # | 4160408 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 2005 |
| Days On Site | 4 |
| Listing Provided By | Realty Star Network | Jason M Gunter |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 8 Total |
| SQ Feet | 4,830 |
| Story(s) | 1 |
| Units | 4 |
| Acreage | 0.30 |
| Water Front | None |
Interior
| Cooling | Ceiling Fan(s), Central Air |
|---|---|
| Heating | Central, Electric |
| Furnished | No |
| Appliances | Dishwasher, Electric Oven, Electric Water Heater, Microwave, Range, Refrigerator |
Exterior
| Exterior Features | None |
|---|---|
| Roof | Architectural Shingles |
| Construction Materials | Brick, Siding |
| Foundation Details | Slab |
| Lot Features | Level |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Common, Concrete |
Location
| Community Features | None |
|---|
Utilities
| Utilities | Cable Available, Electricity Connected, Sewer Connected, Water Connected |
|---|
Taxes
| Property | 4918 |
|---|
Area Information
| State | MS |
|---|---|
| County | Lamar |
| City | Purvis |
| Zip Code | 39475 |
| Area | Lamar |
| School District | Oak Grove |
| Elementary School | Oak Grove |
| High School | Oak Grove |
| Listing VS Median (in 39475) | |
Price: $344,900 low | high Med: $274,900 sqft: 4,830 low | high Med: 1,863 $ / sqft: $71 low | high Med: $149 On site: 4 low | high Med: 112 | |
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Learn More About This Property
| State | MS |
|---|---|
| County | Lamar |
| City | Purvis |
| Zip Code | 39475 |
| Area | Lamar |
| School District | Oak Grove |
| Elementary School | Oak Grove |
| High School | Oak Grove |
| Listing VS Median (in 39475) | |
Price: $344,900 low | high Med: $274,900 sqft: 4,830 low | high Med: 1,863 $ / sqft: $71 low | high Med: $149 On site: 4 low | high Med: 112 | |