655 4Th St Hattiesburg, MS 39401
- Apartment buildings
- 1,680 SF
Current Use by Public Records
- Apartment buildings
Property Details for 655 4Th St
- Property size
- 1,680 SF
- Property type
- Apartment buildings
Description
This Hattiesburg, Mississippi multifamily property, located at 655 W 4th St, 39401, presents a compelling investment opportunity. The property consists of a two-unit apartment building with a total of 1,680 square feet of net rentable space. Each unit currently generates $500 in monthly rent, totaling $1000 per month. The asking price is $150,000, translating to a price per square foot of $89.29. It's important to note that one unit is currently experiencing an eviction process. This sale is subject to a contingency; the closing is dependent upon the successful completion of another sale within the next sixty days. The property is situated in Forrest County and offers a chance to acquire a multifamily asset in a growing market. Prospective buyers should be aware of the pending eviction and the contingent nature of the sale. Further due diligence is recommended to fully assess the investment potential of this property. The property's location provides convenient access to local amenities and transportation networks. This is a unique opportunity for investors seeking a multifamily property in Hattiesburg, Mississippi.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hattiesburg
- County
- Forrest
- State
- Mississippi
- Longitude
- -89.3089
- Latitude
- 31.3322
