Investor Opportunity | 5-Unit Apartment Building | Value-Add PotentialUnfinished 5-unit apartment building offering exceptional upside for contractors and investors. The structure is in place with five separate apartments, allowing you to finish or reconfigure to maximize income potential.Planned layout includes: Total (15 bedrooms, 5 bathrooms)Three upstairs units ? each with 3 bedrooms, 1 bath, kitchen, and living roomTwo downstairs units ? each with 3 bedrooms, 1 bath, kitchen, and living roomSituated on a large lot with a spacious rear backyard. Concrete parking ready in front for all five units.Major upgrades already completed in 2025:Brand-new metal roofBrand-new wood privacy fence enclosing the entire propertyFresh exterior paintTwo new French double doorsFive new mailboxesThis is a contractor/investor special, ideal for finishing as designed or reimagining the layout for maximum rental income. Sold AS IS. Buyer to verify square footage, unit count, and configuration with the City.
Listed By
Agency Name: Keller Williams
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 1,074.35 per month $712.18 Principal & Interest $268.83 Property Tax $93.33 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.
1423 Jo Ellen Circle | MLS# 4138627
This multi-family property located at 1423 Jo Ellen Circle, Gulfport, MS 39501 is currently listed for sale with an asking price of $320,000. Search Gulfport real estate on www.crye-leike.com today.