NOT LISTED FOR SALE

1 Hickory Cove Loop Oxford, MS 38655

10 Beds
8 Baths
7,290 Sq Ft
71,003 Sq Ft Lot

Sale Details

Date Sold: October 17, 2019

48 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Central Heating
  • Central Elementary School Rated A-
  • Patio
  • Wood Siding

About This Home

As of October 2019

Great opportunity for assuming successful rental business in Oxford! The current 7 stand alone units sit on approximately 1.63 acres. These units were developed as condominium project and can be sold separately, by future owner. All units are rented and generate great rate of return for investors. Proximity to Pat Lamar park (1.9m),Olemiss Golf course (1.3m), airport and new developments on College Hill road. Serious inquiries only. 3.7 additional acres are also available for sale at the rear of this property for $300,000.

Last Agent to Sell the Property

Dasha McGinness

Kessinger Real Estate License #B19724 Listed on: 07/22/2019

Last Buyer's Agent

Chris Hayman

Mississippi Property Group LLC License #21944

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,177

Year Built

  • Built in 2005

Lot Details

  • 1.63

Home Design

  • Block Foundation
  • Slab Foundation
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 7,290 Sq Ft Home
  • 1-Story Property
  • Basement

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Parking

  • 26 Parking Spaces
  • On-Street Parking
  • Open Parking
  • Assigned Parking

Utilities

  • Cooling Available
  • Multiple Heating Units
  • Central Heating
  • Heating System Uses Natural Gas
  • Shared Well
  • Electric Water Heater

Additional Features

  • Patio
  • 1.63 Acre Lot

Listing and Financial Details

  • Total Actual Rent $7,100
  • Tenant pays for electricity, gas, all utilities, trash collection, heat/air, deposit
  • The owner pays for exterior maintenance, sewer, water
  • Assessor Parcel Number 133y07313

Community Details

Overview

  • No Home Owners Association
  • 7 Units
  • Hickory Cove Subdivision

Building Details

  • 4 Leased Units
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 7 Separate Water Meters
  • Insurance Expense $4,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,177

Year Built

Built in 2005

Lot Details

1.63 Acres

Listing Details

  • Directions: Take college hill road, to College Hills subdivision, turn left on Height drive, property on your left.
  • Prop. Type: Residential Income
  • Year Built: 2005
  • Property Sub Type: Multi Family
  • Lot Size Acres: 1.63
  • Lot Size: 1.63
  • Subdivision Name: Hickory Cove
  • Building Stories: 1
  • Structure Type: Other-See Remarks
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Water Heater
  • Owner Pays: Exterior Maintenance, Sewer, Water
  • Total Bedrooms: 10
  • Living Area: 7290
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Construction Type: Wood Siding
  • Foundation Details: Basement, Block, Slab
  • Patio And Porch Features: Group A Patio, Group B Patio, Group C Patio, Group D Patio
  • Roof: Architectural

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Assigned, On Street
  • Total Parking Spaces: 26

Utilities

  • Heating: Central,Electric,Natural Gas, Number of Heating Systems: 7
  • Sewer: Public Sewer
  • Cooling: Electric, Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: NEMPA
  • Water Source: Shared Well, Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Oxford

Lot Info

  • Parcel #: 133y07313
  • Zoning: SMF
  • Lot Size Sq Ft: 71002.8
  • Zoning Description: OXFORD
  • ResoLotSizeUnits: Acres

Green Features

Rental Info

  • Tenant Pays: Electricity, Gas, All Utilities, Trash Collection, Heat/Air, Deposit

Multi Family

  • Number Of Units Total: 7
  • Insurance Expense: 4100
  • Number Of Units Leased: 4
  • Total Actual Rent: 7100
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 7

Tax Info

  • Tax Annual Amount: 8177
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Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2019 10/17/19 Sold -- -- --
09/09/2019 09/09/19 Pending -- -- --
07/22/2019 07/22/19 For Sale $1,350,000 -- $185 / Sq Ft
Source: North Central Mississippi REALTORS®

Agents Affiliated with this Home

  • Dasha McGinness

    Seller's Agent in 2019

    Dasha McGinness

    Kessinger Real Estate

    (662) 832-0729

    89 Total Sales

    Dasha McGinness
    Section Image

  • C

    Buyer's Agent in 2019

    Chris Hayman

    Mississippi Property Group LLC

    (662) 822-1988

    30 Total Sales

    Chris Hayman
    Section Image
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Map

Source: North Central Mississippi REALTORS®

MLS Number: 143622

North Central Mississippi REALTORS®
Mississippi Lafayette County Oxford 38655

1 Hickory Cove Loop, Oxford, MS

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

North Central Mississippi REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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