$139,000

FOR SALE

2002 Ray Avenue, Pascagoula, MS 39567

Pascagoula, Ms, 39567

MLS #4108475

Subdivision: Metes And Bounds

Building: 2002 Ray Avenue

3 Beds

2/- Baths

1584 sqft

$ 87.75 /sqft

Property Details

Nestled in the serene neighborhood of Pascagoula, MS, at 2002 Ray Ave., lies a unique investment opportunity. This property features a 1,104 sqft main house alongside a fully remodeled 480 sqft cottage, presenting a combined rental income potential of $1,900 per month.The main house brings a rent of $1,100 per month. It has recently undergone extensive renovations, including the installation of central air and heat, an updated kitchen, modernized bathrooms, new flooring, and a new roof. These enhancements not only elevate the living experience but also promise reduced maintenance costs in the long term.In addition to the main residence, the property includes a charming cottage, meticulously remodeled from the ground up. This additional unit brings $800 in monthly rent, boasts new roofing and siding, reinforcing its durability and appeal.Located on a peaceful street, this property is ideal for tenants seeking a quiet and comfortable living environment. As an investor, you will appreciate the straightforward financial arrangement: while the owner is responsible for water bills, tenants cover the other utilities, simplifying the management process.This property represents a lucrative investment opportunity, combining strong rental income potential with recent upgrades to ensure minimal future maintenance expenses. It's an ideal acquisition for those looking to expand their portfolio in a thriving community.

Property Features

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Property Type
Condo/Co-Op/Villa/Townhouse
HOA Fee/Monthly
-
HOPA
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Membership Fees
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Appliances
-
Restrictions
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Furnished
Unfurnished
Flooring
-
No. of Floor
-
Terms Considered
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Year Built
1984
Cooling
-
Pets Allowed
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Amenities
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Interior
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Maintenance Fee Includes
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Governing Bodies
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Construction
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Security
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Heating
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Garage/Carport
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Dining Area
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Exterior
-
Pet Restrictions
No
Parking
-
Application Fee
-
Water Access
-
Pool
No
Gated Community
-
Status
A
Listing Office
Trifecta Real Estate LLC

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Listing Courtesy of: Trifecta Real Estate LLC