409 E Mayes Street, 1, 2, 3, Jackson, MS 39206
$299,000
Property Type:
Res Income Multi-Fam
Bedrooms:
5
Baths:
3
Square Footage:
3,150
Lot Size (sq. ft.):
9,148
Status:
Active
Current Price:
$299,000
List Date:
2/13/2024
Last Modified:
4/30/2024
Description
Income producing tri-plex in Fondren with a total monthly income of $2,490. Unit one is a 3br/1ba with 1,576 sq. ft. (rent is $900 w/long term tenant). Unit two is a 1br/1ba w/589 sq. ft. (rent $795). Unit 3 is a 1br/1ba w/985 sq. ft. (rent $795). All units have wood floors and central heat & air. Washer/dryer connections are available for each unit. Detached 3 car carport for covered parking. Tenants pay all utilities: power/gas/water. Pictures show two apartments upstairs when they were vacant. All units are currently leased. Roof is 2.5 years old. Property management is in place.
More Information MLS# 4070639
Address and Location Information
Street Number: 409
Street Direction: E
Street Name: Mayes
Street Suffix: Street
County: Hinds
State: MS
Zip Code: 39206
Unit #: 1, 2, 3
Parcel Number: 0053-0116-000
Subdivision: Fondren
Community Of: N/A
Listing Information
Status: Active
List Date: 2024-02-13
List Price: $299,000
Current Price: $299,000
Listing Service: Full Service
New Construction: No
Property Condition: Updated/Remodeled
Co-Op and Commission Information
Buyer Agency Compensation: 3
Buyer Agency Comp Type: %
General Property Information
# of Units Included in Sale: 3
Approx Lot Size Acres: 0.21
Approx H/C SqFt: 3150
SqFt Source: Appraiser
List Price/SqFt: 94.92
Year Built: 1939
Year Built Source: Public Records
Carport Spaces: 3
Total Floors: 2
Bedrooms Total: 5
Bathrooms Total: 3
Bathrooms Full: 3
Furnished: No
Pool: No
School District: Jackson Public
Elementary School: Boyd
Elementary School 2: N/A
Intermediate School: N/A
Middle or Junior School: Chastain
High School: Murrah
Accessibility Features: No
Tax and Financial Information
Tax Annual Amount: 3466
Tax Year: 2021
Homestead Y/N: No
Additional Exemptions Y/N: No
Flood Insurance Required?: No
Leasehold Y/N: No
Association: No
Covenants Y/N: No
Legal Description: LOT 12 STATE STREET SUBN
Remarks & Miscellaneous
Public Remarks: Income producing tri-plex in Fondren with a total monthly income of $2,490. Unit one is a 3br/1ba with 1,576 sq. ft. (rent is $900 w/long term tenant). Unit two is a 1br/1ba w/589 sq. ft. (rent $795). Unit 3 is a 1br/1ba w/985 sq. ft. (rent $795). All units have wood floors and central heat & air. Washer/dryer connections are available for each unit. Detached 3 car carport for covered parking. Tenants pay all utilities: power/gas/water. Pictures show two apartments upstairs when they were vacant. All units are currently leased. Roof is 2.5 years old. Property management is in place.
Showing Requirements
Showing: Appointment Required
Property Features
Income & Expenses: See Remarks
Structure Type: Triplex
Architectural Style: Traditional
Levels: Two
Appliances: Gas Cooktop; Gas Oven; Gas Range; Gas Water Heater; Oven; Range; Refrigerator
Walls - Interior: Plaster
Flooring: Wood
Window Features: Wood Frames
Laundry Features: In Carport
Security Features: Smoke Detector(s)
Cooling: Central Air
Heating: Central
Utilities: Cable Connected
Sewer: Public Sewer
Water Source: Public
Foundation Details: Conventional
Listing Terms: Cash; Contract; Conventional; Other
Exterior Construction/Siding: Asbestos
Roof: Architectural Shingles
Exterior Features: Lighting; See Remarks
Patio And Porch Features: Deck
Fencing: Chain Link; Partial
Parking Features: Detached Carport
Community Features: Park; Playground
Waterfront Features: None
Water Heater: Natural Gas
Listing Office: Nix-Tann & Associates, Inc.
Listing Agent: Mike Hoffman
Last Updated: April - 30 - 2024
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Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.