1201 South St Vicksburg, MS 39180
- Commercial real estate
- 30,000 SF
- 5.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1201 South St
- Year built
- 1965
- Lot size
- 5.00 lot acres
- Property size
- 30,000 SF
- Property type
- Commercial real estate
Description
This exceptional 30,000-square-foot multi-family complex located at 1201 South Street in Vicksburg, Mississippi, presents a compelling investment opportunity. The property sits on a five-acre lot and boasts 43 well-maintained units, ensuring a strong potential for consistent rental income. Tenant convenience is prioritized with an on-site laundry facility and ample parking. Its strategic location offers the best of both worlds: proximity to the vibrant downtown Vicksburg area and easy access to Interstate 20, enhancing both desirability and accessibility for residents. The property also includes convenient on-site office space, streamlining management and adding to its overall versatility. This turnkey investment is ideal for both seasoned investors looking to expand their portfolio and those seeking their first multi-family acquisition. The property's location near historic Vicksburg attractions and essential services contributes to its long-term value and potential for stable returns in a growing market. This is a rare chance to acquire a substantial piece of Vicksburg real estate with significant income-generating potential. The property is priced at $1,350,000.
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
- Vicksburg
- County
- Warren
- State
- Mississippi
- Longitude
- -90.87573
- Latitude
- 32.34765
