1025 Madison Street, A, B & C, Jackson, MS 39202
$220,750
Property Type:
Res Income Multi-Fam
Bedrooms:
5
Baths:
5
Square Footage:
2,549
Lot Size (sq. ft.):
6,534
Status:
Contingency - Right of First Refusal
Current Price:
$220,750
List Date:
4/28/2024
Last Modified:
5/19/2024
Description
REDUCED PRICE ** Great opportunity to own investment property with a triplex in Belhaven! Prime rental location near colleges (Belhaven, Millsaps), medical (UMMC, Baptist) and easy access to I-55. 3 units, (2) units - 2 bedrooms and 1.5 baths and (1) unit - 1 bedroom and 1 bath. There is also an onsite laundry room for the tenants. Property being sold AS-IS. Seller will make no repairs. Seller is open to Owner Financing offers with a minimum of 25% down. Contact your realtor and schedule a showing today!
More Information MLS# 4078076
Address and Location Information
Street Number: 1025
Street Name: Madison
Street Suffix: Street
County: Hinds
State: MS
Zip Code: 39202
Unit #: A, B & C
Parcel Number: 0021-0004-000
Subdivision: Belhaven/Belhaven Heights
Directions to Property: Take I-55 to exit 96 C for Fortification Street. Keep right at the fork, follow signs for Belhaven University/Houses and merge onto E Fortification St. Follow E Fortification St to Madison St. Turn left onto Madison St. Destination will be on the right.
Community Of: N/A
Listing Information
Status: Contingency - Right of First Refusal
List Date: 2024-04-27
List Price: $220,750
Current Price: $220,750
Listing Service: Full Service
Co-Op and Commission Information
Buyer Agency Compensation: 2
Buyer Agency Comp Type: %
General Property Information
# of Units Included in Sale: 3
Approx Lot Size Acres: 0.15
Approx H/C SqFt: 2549
SqFt Source: Public Records
List Price/SqFt: 86.6
Year Built: 1965
Year Built Source: Public Records
Total Floors: 2
Bedrooms Total: 5
Bathrooms Total: 5
Bathrooms Full: 3
Bathrooms Half: 2
Furnished: No
Pool: No
School District: Jackson Public
Elementary School: Power Apac
Elementary School 2: N/A
Intermediate School: N/A
Middle or Junior School: Bailey Magnet
High School: Murrah
Accessibility Features: No
Tax and Financial Information
Tax Annual Amount: 3415
Tax Year: 2021
Homestead Y/N: No
Additional Exemptions Y/N: No
Flood Insurance Required?: Subject to Survey
Leasehold Y/N: No
Association: No
Covenants Y/N: No
Legal Description: S 1/2 LOTS 1 & 2 MONTICELLO SUBN N J LESS 51.7 FT S/S
Remarks & Miscellaneous
Public Remarks: REDUCED PRICE ** Great opportunity to own investment property with a triplex in Belhaven! Prime rental location near colleges (Belhaven, Millsaps), medical (UMMC, Baptist) and easy access to I-55. 3 units, (2) units - 2 bedrooms and 1.5 baths and (1) unit - 1 bedroom and 1 bath. There is also an onsite laundry room for the tenants. Property being sold AS-IS. Seller will make no repairs. Seller is open to Owner Financing offers with a minimum of 25% down. Contact your realtor and schedule a showing today!
Income & Expenses
Vacancy Factor: 33.3
Waterfront Features
Waterfront: No
Showing Requirements
Showing: Appointment Required
Lockbox Location: Front Door
Property Features
Structure Type: Triplex
Architectural Style: Colonial
Lot Features: Front Yard
Levels: Multi/Split
Owner Pays: Exterior Maintenance; Taxes
Tenant Pays: All Utilities
Interior Features: Built-in Features; Ceiling Fan(s)
Special Purpose Rooms: Living/Dining Combo
Kitchen Features: Breakfast Bar
Bathroom Features: Ceramic Tile
Fireplace Features: Other
Appliances: Free-Standing Electric Range; Free-Standing Refrigerator
Walls - Interior: Sheetrock
Flooring: Carpet; Ceramic Tile; Laminate
Window Features: Aluminum Frames
Door Features: Dead Bolt Lock(s); Double Entry
Laundry Features: Common Area
Security Features: Fire Alarm
Cooling: Ceiling Fan(s); Central Air; Window Unit(s)
Heating: Central
Utilities: Cable Available; Electricity Connected; Water Connected
Sewer: Public Sewer
Water Source: Public
Foundation Details: Slab
Listing Terms: Cash; Conventional
Exterior Construction/Siding: Brick
Roof: Shingle
Exterior Features: Lighting
Patio And Porch Features: Covered
Fencing: Chain Link
Driveway Features: Concrete Drive
Parking Features: Common
Documents
Listing Office: Nix-Tann & Associates, Inc.
Listing Agent: Jamil Jackson
Last Updated: May - 19 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.