Description
An investment opportunitythis property spans almost an entire city block (excluding one small corner lot) and includes multiple improvements. Currently configured with three residential housing units, one multi-purpose building, and nineteen trailer units (plus three additional lots), the site presents strong potential for repositioning and income growth. Several units are already tenant-occupied, while the others require renovation to be rented. Each unit is individually metered for both water and electricity, with meters located along 17th Avenue. All units are connected to City sewerage. The site offers convenient access and is zoned R-2 Residential by the City of Gulfport. This is a unique value-add investment opportunity on the Mississippi Gulf Coast.
-
27BEDS
-
2.23ACRES
-
22BATHS
-
01/2 BATHS
-
16,814SQFT
-
$22$/SQFT
School Ratings & Info
Description
An investment opportunitythis property spans almost an entire city block (excluding one small corner lot) and includes multiple improvements. Currently configured with three residential housing units, one multi-purpose building, and nineteen trailer units (plus three additional lots), the site presents strong potential for repositioning and income growth. Several units are already tenant-occupied, while the others require renovation to be rented. Each unit is individually metered for both water and electricity, with meters located along 17th Avenue. All units are connected to City sewerage. The site offers convenient access and is zoned R-2 Residential by the City of Gulfport. This is a unique value-add investment opportunity on the Mississippi Gulf Coast.