$125,000

Est. payment - /mo

3 Beds

3 Baths

1,774 SqFt

UPDATED:

Key Details

Sold Price $125,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,774 sqft

Price per Sqft $70

Subdivision Spring Valley

MLS Listing ID 4154271

Bedrooms 3

Full Baths 3

Year Built 1986

Annual Tax Amount $879

Lot Size 10,454 Sqft

Property Description

Investor Special with Three Income-Producing Units on Two Parcels! Opportunity awaits at 12392 & 12394 Salisbury Road in Gulfport! Situated on two separate parcels, this unique investment property features three separate 1-bedroom, 1-bath rental units across two buildings, offering excellent income-producing potential. The property is currently generating rental income and is priced with room for a new owner to make improvements and significantly increase value. Offered at just $125,000, this is an ideal opportunity for a cash investor looking to add a strong cash-flow property to their portfolio. The three units each offer their own functional layout. One unit features a private fenced courtyard, another offers a screened front porch, and two of the units include two-car covered parking. Located in a peaceful setting while remaining just minutes from Highway 49, shopping, dining, entertainment, and the vibrant nightlife of Gulfport, this property offers the best of both worlds. Best of all, no flood insurance is required. Whether you're looking to renovate, increase rents, or expand your investment portfolio, this value-add property offers tremendous upside in a convenient Gulfport location. Properties with three rental units at this price are hard to find—don't miss this opportunity!

Location

State MS

County Harrison

Interior

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Brick, Combination, Hardwood, Parquet

Fireplaces Type None

Laundry Electric Dryer Hookup, Laundry Closet, Washer Hookup

Exterior

Exterior Feature Awning(s), Courtyard, Private Yard

Parking Features Carport, Covered, Detached

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Waterfront Description None

Roof Type Shingle

Building

Foundation Slab

Sewer Unknown

Water Public

Structure Type Awning(s),Courtyard,Private Yard

New Construction No

Schools

High Schools West Harrison

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Listed by Expect Realty

Nearby School & Business

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Matt Beard

+1(228) 209-4921

Broker Associate

12394 Salisbury Road Gulfport, MS 39503