NOT LISTED FOR SALE

203 N 40th Ave Hattiesburg, MS 39401

-- Bed
-- Bath
5,119 Sq Ft
1972 Built

Last Sold November 01, 2016

351 Days on Market

Highlights

  • Brick Veneer
  • Central Air
  • Carpet

About This Home

As of November 2016

Rus-Tique apartment complex is located at 203 N 40th Avenue in the heart of Hattiesburg only a few blocks from The University of Southern Mississippi. This property is a fantastic investment with great cash flow, professionally managed with an on-site maintenance crew. The complex has 27 units- 8 singles at 750sf each and 19 doubles at 1,050sf. For showings call Jacob Shemper 601 270 6761

Last Agent to Sell the Property

Jacob Shemper

RE/MAX Real Estate Partners License #S-50562 Listed on: 10/05/2015

Last Buyer's Agent

Jacob Shemper

Shemper Land and Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,020

Year Built

  • Built in 1972

Parking

  • Off-Street Parking

Home Design

  • Brick Veneer

Flooring

  • Carpet
  • Laminate

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • 2-Story Property
  • Lot Dimensions are 250.0 x 160

Community Details

Overview

  • 3 Buildings
  • 27 Units

Building Details

  • Gross Income $158,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,020

Year Built

Built in 1972

Lot Details

0

Listing Details

  • 16th Section Land: N
  • First Right of Refusal: Yes
  • Cable TV Providers: Comcast Cable, Discount Satellite
  • Directions: North on 40th off of Hardy. Complex is on right - across from Mugshots.
  • Electrical Service Provider: Mississippi Power Co
  • Garbage And Trash Svc: Hattiesburg Sanitati
  • Historical District: No
  • Lender Short Sale: No
  • Listing Member Name: Jacob Shemper
  • Listing Office Short Id: 41
  • Newspaper: Hattiesburg American
  • Open House Office I D: 20041026164814853383000000
  • Prop. Type: MultiFamily
  • List Price Range: 13W
  • Realtor Ads: Yes
  • Selling Member Short Id: jshemper
  • Selling Office Short Id: 41
  • Sewage Companies: City of H'burg
  • Sale Price per Sq Ft: 28350.00
  • Building Stories: Two Stories
  • Telephone Providers: Bell South
  • Total Annual Property Tax: 21019.70
  • Utility Info Electric Supplier: ms power
  • Utility Info Sewer: city
  • Utility Info Water Supplier: city
  • Water Service Provided: City of Hattiesburg
  • Year Built: 1972
  • Estimated Bedroom 1 Sq Ft: 750
  • One Bedroom Number of Units: 9
  • Estimated Bedroom 2 Sq Ft: 1050
  • Two Bedroom Number of Units: 19
  • For Sale Or Rent: Sale
  • Annual Vacancy Rate: 5
  • Monthly Insurance Expense: 1041.66
  • Net Operating Income: 82184.00
  • Unit Info Number Unfurnished Units: 27
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Laminate
  • Foreclosure: No
  • Legal Description: LTS 7-11 INCL & W 1/2 VC/ALY E SD LTS BLK 21
  • One Bedroom: Dishwasher, Microwave, One Bath, Range/Oven, Refrigerator, Washer/Dryer
  • Two Bedroom: Two Baths
  • Number Of Buildings: 3

Exterior Features

  • Exterior Construction: Block, Brick Veneer
  • Flood Zone: No

Utilities

  • Cooling System: Central Air, Electric
  • Heating/Cooling: Heat Pump
  • Sewer: Public Sewer
  • Hot Water: City Water

Condo/Co-op/Association

  • Number of Units: 27

Schools

  • School District: Forrest County
  • School District: Forrest County

Lot Info

  • Lot Dimensions: 250.0 X 160

Tax Info

  • Tax Year: 2014

Multi Family

  • Parking Per Unit: Off Street Parking, Two Spaces

Range of Values:

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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
11/01/2016 11/01/16 Sold -- -- --
09/20/2016 09/20/16 Pending -- -- --
10/05/2015 10/05/15 For Sale $1,000,000 -- $195 / Sq Ft
Source: Hattiesburg Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jacob Shemper

    Seller's Agent in 2016

    Jacob Shemper

    RE/MAX

    (601) 513-3501

    117 Total Sales

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Map

Source: Hattiesburg Area Association of REALTORS®

MLS Number: 102286

Hattiesburg Area Association of REALTORS®

APN: 2-028L-07-102.00

Mississippi Forrest County Hattiesburg 39401

203 N 40th Ave, Hattiesburg, MS

This home is located at 203 N 40th Ave, Hattiesburg, MS 39401 since 05 October 2015. This property was built in 1972. 203 N 40th Ave is a home located in Forrest County with nearby schools including Thames Elementary School, N.R. Burger Middle School, and Hattiesburg High School.

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.

Hattiesburg Area Association of 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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