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1602 E Railroad Street, Gulfport, MS 39501

$299,900
  • 1602 E Railroad Street, Gulfport, MS 39501 Main Photo

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New to the Market Active
BEDS9 BATHS4 full SQUARE FEET3,030 MLS#4147774
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONSoria City

Property Description

Investors and owner-occupants take notice ? this expansive corner-lot property in the heart of Gulfport's coastal corridor offers serious multi-unit income potential in a location that practically sells itself. Just a short walk to the Mississippi Gulf Coast beaches, downtown, the harbor, restaurants, and scenic walking and biking paths, demand for rental units here is built right into the address. The main level functions as a spacious primary residence featuring a bright sitting room, large kitchen with adjacent dining area, generous family room, six bedrooms, two full bathrooms, and a dedicated laundry room ? comfortably configured for owner occupancy or as a standalone rental unit. The real income play is upstairs. A partially completed apartment awaits your finishing touches, already roughed in with electrical, plumbing, and HVAC work done ? the heavy lifting is behind you. Complete it as a 1- or 2-bedroom unit and put it to work as a long-term rental, short-term/vacation rental, or Airbnb in this high-demand coastal market. And there's more ? the mostly finished attic space presents a compelling opportunity for a third unit, potentially configured as an efficiency apartment. Three units. One property. One mortgage. Additional highlights include a metal roof installed less than three years ago, an above-ground pool with new liner, a pool house, partial privacy fence, and a beautiful mature pecan tree. A generous supply of building materials conveys with the sale to help you finish strong. With approximately 6,400 square feet of potential living space, a proven rental market steps from the beach, and the groundwork already laid, this property is ready for an investor with vision. Live in one unit, rent the others, and let the Coast go to work for you. Sold As-Is / Where-Is. Buyer to verify all information and perform due diligence.

1602 E Railroad Street | MLS# 4147774

This multi-family property located at 1602 E Railroad Street, Gulfport, MS 39501 is currently listed for sale with an asking price of $299,900. Search Gulfport real estate on www.kathryngarland.com today.

Property Features

Property Type: Multi Unit - Multiple
Fenced: Yes
Garage: 1
Lot Size: 0.28 Acres
Roof Type: Metal
Stories: 2.0
Taxes: $361
Year Built: 1940

Feature Descriptions

Days on Site: 2
Flooring: Carpet, Vinyl, Tile
Lot: Corner Lot, City Lot, Fenced
Lot Dimensions: 160' x 78' x 160' x 78'
Parcel#: 0811g-04-060.000
Patio/Porch: Deck, Patio, Front Porch
Pets Allowed: Cats OK, Dogs OK
Security: Closed Circuit Camera(s), Smoke Detector(s), Security System Owned
Security: yes
Sewer: Public Sewer
Units: 2
Water: Public
Window: Double Pane Windows, Window Treatments, Blinds

Local Schools

High School: Gulfport

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Alfonso Realty-Lorraine Rd

Shown By

Agent Name: Kathryn Garland
Agent Phone: (901) 644-8751
Agency Title: Crye-Leike Real Estate Services

IDX logo

Source: MLS United MLS

Estimate Your Payment

Estimated Payment

$ 785.00 per month $667.45 Principal & Interest $30.08 Property Tax $87.47 Homeowner's Insurance

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