NOT LISTED FOR SALE
4 Beds
-- Bath
1,680 Sq Ft
1965 Built

Last Sold June 19, 2020

405 Days on Market

About This Home

As of June 2020

1632 Shirley Ave is a 6-unit multi family residence. This investment has 16% CAP Rate and 4.63 GRM. This immediate cash flow asset is situated within walking distance of the historic Jackson State University in an Opportunity Zone with Tax Incentives. Each unit is 525 sqft. with 1 bedroom, 1 bath room and an open kitchen/living area. The property also has 6 parking spaces. The remodeled units boast sleek vinyl plank flooring, new kitchen, fresh paint and new appliances. Recent major upgrades include a new roof and completely rewired electrical system including new panels for all units. This building produces $34,400 and has upside potential for student housing.

Last Agent to Sell the Property

Dwanna Stanley

The Agency Haus LLC DBA Agency License #B22185 Listed on: 05/08/2020

The Agency Haus LLC DBA Agency

Last Buyer's Agent

Kara Washington

Legacy Real Estate License #B22997

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,529

Year Built

  • Built in 1965

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 4 Bedrooms
  • 2-Story Property

Schools

  • Isable Elementary School
  • Blackburn Middle School
  • Jim Hill High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 162-182

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,529

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Architectural Style: Other
  • Unit Levels: Two
  • Prop. Type: Residential Income
  • Year Built: 1965
  • Directions: From I-55 S, Take exit 96A toward Pearl St/Telcom Center, Take E Pearl St, University Blvd and Florence Ave to Shirley Ave, Keep right to continue on Access Rd/Fairgrounds St, Continue onto E Pearl St, Use the left 2 lanes to turn slightly left at Dr Robert Smith Sr Pkwy, At the traffic circle, take the 2nd exit onto University Blvd, Turn right onto Florence, Turn right onto Lincoln Ave, Turn left
  • Remarks Miscellaneous:Agent Remarks: PCDS & LBP in Docs. For all questions please call 662.466.3701. For offers email dwanna@theagencyrealestateservices.com. Showing Notes False. Lockbox Details None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • BasementFeaturesBasement: No
  • Total Bedrooms: 4
  • Community Features:None13: Yes

Exterior Features

  • Exterior Features: None
  • Fencing: None
  • Foundation Details: Slab
  • Roof: Architectural Shingles
  • Waterfront Features: None
  • WaterfrontFeaturesWaterfront: No
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features:None11: Yes
  • Waterfront Features:None7: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Electric2: Yes

Condo/Co-op/Association

  • Community Features: None

Schools

  • Elementary School: Isable
  • High School: Jim Hill
  • Middle Or Junior School: Blackburn

Lot Info

  • Parcel #: 162-182

Tax Info

  • Tax Annual Amount: 1529.0
  • Tax Year: 2018

Multi Family

  • Number Of Units Total: 6

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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
06/19/2020 06/19/20 Sold -- -- --
05/14/2020 05/14/20 Pending -- -- --
04/04/2019 04/04/19 For Sale $150,000 -- $89 / 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: 1318471

MLS United

APN: 0162 0182 000