$224,000
SOLD MAY 8, 2018
Last list price

110 West Ave N McComb, MS 39648

6 Beds
4 Baths
2,250 Sq Ft
0.52 Acres

Recently Sold

$100 Per Sq Ft

103 Days on Market

Highlights

  • Brick Veneer
  • Carpet
  • 5-minute walk to Lions Park
  • Central Air

About This Home

As of August 2023

Solid multi-family investment property. This multi-family apartment complex is located less than one block off of Delaware Avenue which is within walking distance of downtown McComb, numerous shops, restaurants and McComb's extensive medical community. It offers 6 units, 2 - 2 Bed 1 Bath and 4 - 1 Bed 1 Bath. All the units are in good condition and very well maintained. The overall building is in very good condition and well maintained. The occupancy rate stays close to 100% with a quick turnaround. At list price, this investment offers a CAP Rate over 11% plus a consistent, estimated net income over $26,000 annually. Being shown to qualified buyers by appointment only.

Last Agent to Sell the Property

Adrianne Weekley

Berkshire Hathaway HomeServices - Cabin Creek Real Estate License #S-51470 Listed on: 12/04/2017

Berkshire Hathaway HomeServices - Cabin Creek Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,102

Year Built

  • Built in 1978

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 134 x 170

Home Design

  • Brick Veneer
  • Slab Foundation
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 2,250 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Electric Cooktop

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • Off-Street Parking

Utilities

  • Central Air
  • Electric Water Heater

Community Details

  • 6 Units
  • Insurance Expense $3,750

Listing and Financial Details

  • Total Actual Rent $2,160
  • Assessor Parcel Number 552208

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,102

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Directions: From Delaware Ave in McComb turn north on West Street and property is on the right. Westwood Apartments
  • Prop. Type: Residential Income
  • Year Built: 1978
  • Property Sub Type: Multi Family
  • Lot Size Acres: 0.523
  • Lot Size: 134 x 170
  • Subdivision Name: None
  • Building Stories: 2
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Refrigerator,Electric Cooktop,Electric Range, Electric Water Heater
  • Total Bedrooms: 6
  • Flooring: Carpet
  • Living Area: 2250
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Architectural
  • Construction Type: Frame, Brick Veneer
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 6

Utilities

  • Cooling: Central Air, Electric
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Electric: Entergy
  • Water Source: City
  • Gas Company: Centerpoint

Schools

  • Junior High Dist: McComb

Lot Info

  • Parcel #: 552208
  • Lot Size Sq Ft: 22780
  • Farm Land Area Units: Square Feet
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Insurance Expense: 3750
  • Number Of Units Total: 6
  • Total Actual Rent: 2160

Tax Info

  • Tax Annual Amount: 4102.19
  • Tax Map Number: 73C02-4

Range of Values:

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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 Change Sq Ft Price
08/30/2023 08/30/23 Sold -- -- --
07/17/2023 07/17/23 Pending -- -- --
07/15/2023 07/15/23 For Sale $300,000 +33.9% $67 / Sq Ft
05/08/2018 05/08/18 Sold -- -- --
03/29/2018 03/29/18 Pending -- -- --
12/15/2017 12/15/17 For Sale $224,000 -- $100 / Sq Ft
Source: Southwest Mississippi Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Mississippi Board of REALTORS®

MLS Number: 126779

Southwest Mississippi Board of REALTORS®