Gulfport, MS 39501,2804 34th Avenue #D
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Gulfport, MS 39501,2804 34th Avenue #D
Gulfport, MS 39501,2804 34th Avenue #D
Gulfport, MS 39501,2804 34th Avenue #D
Gulfport, MS 39501,2804 34th Avenue #D

$299,000

Est. payment /mo

$299,000

Est.Price: ?

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2804 34th Avenue #D Gulfport, MS 39501

8 Beds

4 Baths

4,000 SqFt

SOLD DATE : 03/01/2024

Key Details

Sold Price $299,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $74

Subdivision Metes And Bounds

MLS Listing ID 4068937

Sold Date 03/01/24

Bedrooms 8

Full Baths 4

Originating Board MLS United

Year Built 1988

Annual Tax Amount $3,078

Lot Size 0.360 Acres

Acres 0.36

Property Description

Exceptional Investment Opportunity in Gulfport, MS - Modernized Fourplex with Strong Rental Income

Welcome to this outstanding fourplex property, a prime investment opportunity in the heart of Gulfport, MS. Positioned less than a mile from the NCBC base, this property is an investor's dream, boasting an impressive rental income of approximately $4,000 per month.

Diverse Unit Mix & Sophisticated Upgrades: The property consists of four units, each with its own unique charm and appeal. Two units have undergone a complete remodel to high standards, featuring new sheetrock, modern flooring, sleek bathrooms, state-of-the-art appliances, and stylish cabinets. The other two units are partially remodeled, maintaining comfort and efficiency. Further enhancing the value of this property are over $100,000 in upgrades, including brand new mini-splits in all units for optimal climate control and energy efficiency.

Distinctive Exterior & Utilities: The building showcases a durable and attractive brick veneer exterior, adding to its classic appeal. Each unit has its own separated electrical meter, facilitating easy utility management and billing.

Proven Rental Performance & Ideal Location: This fourplex not only has a great rental history but also shows excellent performance on Airbnb, providing a versatile rental strategy for potential higher income and occupancy rates. Its location, being less than a mile from the NCBC base, is highly advantageous, offering tenants proximity to local amenities, shopping, dining, and entertainment options.

Turnkey Investment for Investors: In excellent condition and ideal for holding, this building represents a turnkey investment. Minimal maintenance requirements make it a hassle-free addition to any investment portfolio. The property's desirability is further boosted by its location and the diverse rental options it presents.

This multifamily property is a rare find in Gulfport, MS, offering investors a chance to acquire a well-maintained, income-generating asset with significant upside potential. It's perfect for those seeking a balance of immediate cash flow and long-term

Location

State MS

County Harrison

Interior

Heating Ductless, Electric

Cooling Ductless

Furnishings No

Exterior

Exterior Feature Balcony

Garage Concrete

Utilities Available Cable Available, Electricity Connected, Water Available

Waterfront No

Waterfront Description None

Roof Type Architectural Shingles

Parking Type Concrete

Garage No

Building

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Balcony

New Construction No

Others

Tax ID 0810m-04-004.004

Acceptable Financing 1031 Exchange, Cash, Conventional, Other

Listing Terms 1031 Exchange, Cash, Conventional, Other

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MLS United(Mississippi)
Listed by Trifecta Real Estate, LLC

Julie Ragusa

Advisor | License ID: mu.ragujj

+1(228) 304-2319

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