Description
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.
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3BEDS
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0.21ACRES
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2BATHS
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01/2 BATHS
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1,584SQFT
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$94$/SQFT
School Ratings & Info
Description
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.