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Listed by Kristi Shorts • Real Broker
$55,000
Est. payment /mo
2,174 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,174 sqft
Price per Sqft $25
MLS Listing ID 145260
Year Built 1965
Annual Tax Amount $410
Tax Year 410
Lot Dimensions .22 Acres
Property Sub-Type Triplex
Source Hattiesburg Area Association of REALTORS®
Property Description
VALUE-ADD / HEAVY REHAB OPPORTUNITY - Triplex in Lumberton!
Investor special located on a corner lot on the main road in the heart of Lumberton. While the property will require significant repairs and renovation before it's rent-ready, it is structurally in great shape, making it an excellent candidate for a full rehab and long-term cash flow. At just 55k, this is a chance to pick up a multi-unit property at an entry-level price point and build equity through improvements ideal for experienced investors, contractors, or anyone looking for their next value-add project.
As an added benefit, there's an option to purchase the neighboring lot as well, giving you added flexibility for extra parking, outdoor space, storage, or future expansion (buyer to verify feasibility and zoning).
Bring your vision, your crew, and your plan—this one is all about the potential.
Investor special located on a corner lot on the main road in the heart of Lumberton. While the property will require significant repairs and renovation before it's rent-ready, it is structurally in great shape, making it an excellent candidate for a full rehab and long-term cash flow. At just 55k, this is a chance to pick up a multi-unit property at an entry-level price point and build equity through improvements ideal for experienced investors, contractors, or anyone looking for their next value-add project.
As an added benefit, there's an option to purchase the neighboring lot as well, giving you added flexibility for extra parking, outdoor space, storage, or future expansion (buyer to verify feasibility and zoning).
Bring your vision, your crew, and your plan—this one is all about the potential.
Location
State MS
County Lamar
Interior
Cooling Central Air
Flooring Laminate
Exterior
Garage Spaces 1.0
Building
Sewer Public Sewer
Water Public
Structure Type Block
Schools
High Schools Lumberton
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