Exceptional Multifamily Investment Opportunity in Hattiesburg! Don't miss this outstanding opportunity to add a strong income-producing asset to your investment portfolio. Located at 2701 & 2703 W. 7th Street, Hattiesburg, MS 39401, this well-maintained apartment complex features 28 one-bedroom, one-bathroom units, each offering approximately 779 square feet of comfortable living space. The property boasts an impressive 89% occupancy rate and currently generates approximately $20,650 in monthly rental income, with rental rates ranging from $750 to $800 per month. Each unit is equipped with desirable amenities including a stove, microwave, dishwasher, washer and dryer, along with durable ceramic tile flooring, making these apartments attractive to long-term tenants.Ideally situated just minutes from The University of Southern Mississippi, US Highway 49, downtown Hattiesburg, and an abundance of popular shopping, dining, and entertainment, this location offers exceptional convenience and consistent rental demand. Whether you're expanding an existing portfolio or making your next commercial investment, this turnkey multifamily property presents an outstanding opportunity for immediate cash flow and long-term appreciation.
Listed By
Agency Name: RE/MAX Real Estate Partners
Agency Phone: (601) 296-2001
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 7,099.74 per month $4,228.58 Principal & Interest $2,317.00 Property Tax $554.17 Homeowner's InsuranceCrye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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2503 W 7th St. | MLS# 148250
This multi-family property located at 2503 W 7th St., Hattiesburg, MS 39401 is currently listed for sale with an asking price of $1,900,000. W 7th St. is located within the City school district. Search Hattiesburg Northwest real estate on www.clhomes.com today.