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209 Oak Street Long Beach, MS 39560
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Key Details
Sold Price $375,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,079 sqft
Price per Sqft $180
Subdivision Metes And Bounds
MLS Listing ID 4068920
Sold Date 02/23/24
Style Traditional
Bedrooms 4
Full Baths 3
Originating Board MLS United
Year Built 1955
Annual Tax Amount $1,669
Lot Size 0.260 Acres
Acres 0.26
Lot Dimensions 57' x 137' x 53' x 53' x 132'
Property Description
Nestled in the heart of beautiful downtown Long Beach in the Golf Cart district, this unique property has so much to offer! Three units, all producing generous income with so much more potential. Unit A is a 2 bed / 1 bath 865 square foot space currently being operated as a short term rental (see photos). Freshly renovated and tastefully decorated; this unit generated $31,028 last year. Unit B is 1 bed / 1 bath 662 square foot space long term rented that made $10,740 last year under lease until July 2024. And then there is unit C which is a 1 bed / 1 bath 552 square foot space that made $9,000 last year under lease until August 2024. Gross income for the whole property is $50,768 last year. The possibilities are endless... live in one of the units and enjoy the lifestyle that this location provides. Keep as an operating business (owner will sell furnishings to keep operating for $8,500). Just a short walk or golf cart ride to the beach, shopping, dinning, and entertainment downtown. Pictures of units B and C are not presently available (renters don't want photos). Photos on this site are of Unit A. Relaxing hot tub in a private yard, soothing colors, new appliances, etc.
Location
State MS
County Harrison
Community Boating, Fishing, Schools Nearby, Shopping Nearby
Direction From Beach Blvd, go N on Jeff Davis, go left on W Third St., which runs into Oak Avenue.
Interior
Interior Features Stone Counters
Heating Central, Ductless
Cooling Ceiling Fan(s), Central Air, Ductless
Flooring Luxury Vinyl
Fireplaces Type Gas, None
Furnishings No
Window Features Aluminum Frames
Appliance Dishwasher, Free-Standing Gas Range, Range
Exterior
Exterior Feature Balcony, Courtyard, Private Entrance, Private Yard
Parking Features Driveway, Gravel
Community Features Boating, Fishing, Schools Nearby, Shopping Nearby
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Natural Gas in Kitchen
Waterfront Description None
Roof Type Architectural Shingles
Porch Other
Garage No
Private Pool No
Building
Lot Description City Lot, Front Yard, Near Beach
Foundation Block, Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Two
Structure Type Balcony,Courtyard,Private Entrance,Private Yard
New Construction No
Schools
Elementary Schools Thomas Reeves
Middle Schools Long Beach
High Schools Long Beach
Others
Tax ID 0612c-04-024.000
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan
Pets Allowed Cats OK, Dogs OK
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