3302 12th Street, Gulfport, MS 39501
$420,000
Property Type:
Commercial Sale
Bedrooms:
5
Baths:
4
Square Footage:
2,318
Lot Size (sq. ft.):
9,583
Status:
Active
Current Price:
$420,000
List Date:
2/14/2024
Last Modified:
5/01/2024
Description
This sale includes two parcels and three buildings. One parcel has a 3 bedroom, 2 bath single family home (see mls #). The second and adjacent parcel has a duplex (each side has 1 bedroom and 1 bath) and a house that needs extensive renovation (see mls #). Both the house and the duplex are being sold with all furnishings making the ownership transition for Airbnb easy. If the house was renovated, you could significantly increase the value and income potential of this successful Airbnb by adding 2 additional units. Whether you choose to tear down or renovate the third building, this property represents a compelling investment opportunity in a desirable location.
This property is situated one block from the Island View Casino and 2 blocks from the sugar white sands of the Mississippi Gulf Coast beach.
More Information MLS# 4070722
Address and Location Information
Street Number: 3302
Street Name: 12th
Street Suffix: Street
County: Harrison
State: MS
Zip Code: 39501
Nearest Cross Street: 33rd Ave
Parcel Number: 0811l-04-082.000
Subdivision: Original Gulfport
Directions to Property: The north west corner of 12th Street and 33rd Avenue
N or S of I-10: S
N or S of CSX Railroad Track: S
Listing Information
Status: Active
List Date: 2024-02-11
List Price: $420,000
Current Price: $420,000
Property Sub Type: Apartment
Listing Service: Full Service
New Construction: No
Property Condition: Updated/Remodeled
Never Occupied: No
Co-Op and Commission Information
Buyer Agency Compensation: 25
Buyer Agency Comp Type: %
General Property Information
Approx Lot Size Acres: 0.22
Lot Size Dimensions: 94x100x94x100
Approx H/C SqFt: 2318
SqFt Source: Public Records
List Price/SqFt: 181.19
Number of Lots: 2
Divisible: Yes
Year Built: 1940
Year Built Source: Public Records
Total Floors: 1
Bedrooms Total: 5
Bathrooms Total: 4
Bathrooms Full: 4
Fireplace: No
Pool: No
School District: Gulfport Dist
Accessibility Features: No
Tax and Financial Information
Tax Annual Amount: 1849
Tax Year: 2022
Flood Insurance Required?: No
Leasehold Y/N: No
Legal Description: EAST 50 FT OF LOTS 8 TO 11 INC BLK 196 ORIGINAL GULFPORT & E 44 FT OF W 90 FT OF LOTS 8 TO 11 INC BLK 196 ORIGINAL GULFPORT
Remarks & Miscellaneous
Public Remarks: This sale includes two parcels and three buildings. One parcel has a 3 bedroom, 2 bath single family home (see mls #). The second and adjacent parcel has a duplex (each side has 1 bedroom and 1 bath) and a house that needs extensive renovation (see mls #). Both the house and the duplex are being sold with all furnishings making the ownership transition for Airbnb easy. If the house was renovated, you could significantly increase the value and income potential of this successful Airbnb by adding 2 additional units. Whether you choose to tear down or renovate the third building, this property represents a compelling investment opportunity in a desirable location.
This property is situated one block from the Island View Casino and 2 blocks from the sugar white sands of the Mississippi Gulf Coast beach.
Auction
Auction: No
Showing Requirements
Showing: Appointment Required
Appointment Phone: 2286971803
Basement Features
Basement: No
Property Features
Business Type: Bed & Breakfast
Current Use: Multi-Family; Residential; See Remarks
Structure Type: Duplex; House; Other
Lot Features: City Lot; Corner Lot; Fenced; Near Beach
Levels: One
Covenants And Restrictions: Tree Ordinance
Walls - Interior: Paneling; Sheetrock
Flooring: Ceramic Tile; Wood
Window Features: Double Pane Windows
Cooling: Central Air; Window Unit(s)
Heating: Heat Pump
Utilities: Cable Connected; Electricity Connected; Natural Gas Available; Phone Available; Sewer Connected; Water Connected
Sewer: Public Sewer
Foundation Details: Raised
Listing Terms: Cash; Conventional; Renovation Loan
Sale Options: Will Divide
Exterior Construction/Siding: Wood Siding
Roof: Asphalt
Parking Features: Off Street; On Street
Water Heater: Tankless
Price Includes: All Appliances; All Furnishings; Other
Approx Age Code: Older 25+ Years
Listing Office: eXp Realty
Listing Agent: Judy Atherton
Last Updated: May - 01 - 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.