NOT LISTED FOR SALE
72 Beds
36 Baths
11,054 Sq Ft
1 Acres

Last Sold January 26, 2024

175 Days on Market

Highlights

  • 1 Acre Lot
  • Terrace
  • Front Porch
  • Corner Lot
  • No HOA
  • Uncovered Courtyard

About This Home

As of January 2024

Great Investment Opportunity with Motivated Seller ready to sell off last property- This 36 unit apartment complex was each a 2 bedroom 1 bath unit. Both buildings need a full rehab with one in better shape than the other. The building structure is there and old sheetrock was removed to clean it out. Bring your ideas for this investment property. Parking lot is to the left side. Land parcel has frontage on 3 roads. Property being sold 'as is'.

Last Agent to Sell the Property

Sandye Blalock

Front Gate Realty LLC License #S51324 Listed on: 12/23/2023

Last Buyer's Agent

Sandye Blalock

Front Gate Realty LLC License #S51324 Listed on: 12/23/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,853

Year Built

  • Built in 1965

Lot Details

  • 1 Acre Lot
  • Partially Fenced Property
  • Chain Link Fence
  • Corner Lot

Parking

  • Parking Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 11,054 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 72 Bedrooms
  • 36 Full Bathrooms

Outdoor Features

  • Uncovered Courtyard
  • Terrace
  • Front Porch

Schools

  • Galloway Elementary School
  • Northwest Jackson Middle School
  • Lanier High School

Additional Features

  • City Lot
  • No Heating

Community Details

  • No Home Owners Association
  • 36 Units
  • Woodland Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0105-0196-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,853

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Architectural Style: Other
  • Unit Levels: Two
  • Prop. Type: Residential Income
  • Structure Type: Multi Family
  • Year Built: 1965
  • Lot Size Acres: 1.0
  • Subdivision Name: Woodland Park
  • Directions: Fortification St westbound, cross over Bailey Ave to right fork onto MLK Dr, 2nd right is Maderia Ave. Apartments almost immediately on the left.
  • New Construction: No
  • Remarks Miscellaneous:Agent Remarks: Price drop for fast closing. Lender repeat delays caused issues with prior offers. Out of state investors making offers sight unseen and then canceling have caused issues. Client bought to remodel just before Covid shutdowns and he never got around to it. All offers will be considered. No utilities on. Cash Only- As Is. My client has been burned by loan delays and rehab plan change delays so only wants cash offers.
  • General Property Information:List PriceSqFt: 5.88
  • General Property Information:New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: None
  • Full Bathrooms: 36
  • Total Bedrooms: 72
  • Fireplace Features: None
  • Flooring: See Remarks
  • Furnished: No
  • Interior Amenities: See Remarks
  • ResoLivingAreaSource: PublicRecords
  • Appliances:None12: Yes
  • Fireplace Features:None5: Yes

Exterior Features

  • Disclosures: As Is
  • Exterior Features: Uncovered Courtyard
  • Fencing: Chain Link, Partial
  • Foundation Details: Slab
  • Lot Features: City Lot, Corner Lot, Level
  • Roof: Asphalt
  • Patio And Porch Features: Front Porch, Terrace
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Brick, Wood Siding
  • General Property Information:Accessibility Features: No
  • Lot Features:City Lot: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Lot Features:Level: Yes
  • Waterfront Features:None7: Yes
  • Lot Features:Corner Lot: Yes
  • Exterior Features:Uncovered Courtyard: Yes
  • Patio And Porch Features:Terrace: Yes

Garage/Parking

  • Parking Features: Parking Lot
  • Attached Garage: No
  • Parking Features:Parking Lot: Yes

Utilities

  • Cooling: None
  • Heating: None
  • Sewer: Public Sewer
  • Utilities: See Remarks
  • Water Source: Public
  • Heating:None3: Yes

Association/Amenities

  • Tax and Financial Information:Association: No

Schools

  • Elementary School: Galloway
  • High School: Lanier
  • Middle Or Junior School: Northwest Jackson

Lot Info

  • Parcel #: 0105-0196-000
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3853.0
  • Tax Year: 2021

Multi Family

  • Number Of Units Total: 36

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/26/2024 01/26/24 Sold -- -- --
01/11/2024 01/11/24 Pending -- -- --
01/10/2024 01/10/24 Price Changed $65,000 -13.3% $6 / Sq Ft
12/26/2023 12/26/23 Price Changed $75,000 -6.3% $7 / Sq Ft
12/23/2023 12/23/23 For Sale $80,000 0.0% $7 / Sq Ft
11/30/2023 11/30/23 Pending -- -- --
11/23/2023 11/23/23 For Sale $80,000 0.0% $7 / Sq Ft
10/29/2023 10/29/23 Pending -- -- --
10/24/2023 10/24/23 Price Changed $80,000 -20.0% $7 / Sq Ft
10/20/2023 10/20/23 Price Changed $100,000 -16.7% $9 / Sq Ft
10/17/2023 10/17/23 Price Changed $120,000 0.0% $11 / Sq Ft
10/17/2023 10/17/23 For Sale $120,000 -7.7% $11 / Sq Ft
08/15/2023 08/15/23 Price Changed $130,000 -13.3% $12 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
07/19/2023 07/19/23 For Sale $150,000 +57.9% $14 / Sq Ft
12/04/2019 12/04/19 Sold -- -- -- View Prior Sale
09/26/2019 09/26/19 Pending -- -- --
07/18/2019 07/18/19 For Sale $95,000 -- $18 / Sq Ft
Source: MLS United

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS United

MLS Number: 4053509

MLS United

APN: 0105 0196 000