Active

$599,000

Features:
  • 4 Bedrooms
  • 2 Bathrooms
  • 2454 sq ft
Overview
  • ID: MFRL4959775
  • Bedrooms: 4
  • Bathrooms: 2
  • Size: 2454 sq ft
Property Details
Remarks
Exceptional investment opportunity featuring three rental units across two separate buildings. The unit mix includes a 1-bedroom/1-bath, and two 2-bedroom/1-bath units, offering strong rental flexibility and broad tenant appeal. One building is configured in a duplex-style layout, while the second building features a private second-floor 1/1 unit, creating separation and privacy across the property. Ideally located near shops, scenic lakes, colleges, and parks, this property consistently attracts tenants seeking both convenience and lifestyle amenities. Recent capital improvements provide peace of mind, including a brand-new roof, new air conditioning system, and complete electrical rewiring. The property is currently tenant-occupied on month-to-month leases, delivering immediate income while allowing flexibility for future adjustments. An added bonus: the sale includes the existing property website, (https://www.trio-at-hollingsworth.com) professionally designed to showcase and advertise the property—offering a turnkey marketing advantage for continued rental success. A well-maintained, income-producing property with solid upgrades and built-in marketing—an outstanding opportunity for investors or owner-occupants alike.
Financial Considerations
Price:
$599,000
HOA Fee:
N/A
Tax Amount:
$7017.62
Price per SqFt:
$244.09
Tax Legal Description:
DIXIELAND PB 1 PG 67 BLK 13 LOT 8 N1/2 & N1/2 OF 9
Exterior Features
Lot Size:
7248
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
2
Heating:
Heat Pump
Cooling:
Central Air
Appliances:
Other
Furnished:
Yes
Floor:
Luxury Vinyl
Levels:
Two
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1947
Construction Type:
Wood Siding
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
West
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other
Additional Features 2:
N/A
Map
  • Address
    1016 MISSISSIPPI AVE #101
Contact a Professional
Why Choose Us?
  • Communication and Transparency
  • Skilled Negotiation
  • Robust Professional Network
  • After-Sale Support
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