NOT LISTED FOR SALE
2 Beds
1 Bath
6,824 Sq Ft
0.76 Acres

Last Sold October 25, 2024

394 Days on Market

Highlights

  • 0.76 Acre Lot
  • No HOA
  • Central Heating and Cooling System

About This Home

As of October 2024

An investor's dream! This 25-unit apartment building features an incredible opportunity for lucrative returns in the thriving Jackson market. Each spacious 2 bedroom, 1 bathroom unit is perfect for attracting quality tenants. This multi-family commercial property is primed for savvy investors to capitalize on its income-producing potential. Don't miss this rare chance to acquire a substantial property in the growing Jackson area. The demand fo rental units is high, and this 25-unit building is the perfect addition to any investor's portfolio. Act fast and secure this fantastic opportunity today!

Last Agent to Sell the Property

Anita Orey

Arx Point Realty, LLC Listed on: 07/22/2024

Co-Listed By

Timothy Orey

Arx Point Realty, LLC

Last Buyer's Agent

Anita Orey

Arx Point Realty, LLC License #B23712

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,277

Year Built

  • Built in 1974

Lot Details

  • 0.76 Acre Lot
  • Chain Link Fence

Parking

  • 25 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 6,824 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Walton Elementary School
  • Brinkley Middle School
  • Lanier High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 25 Units
  • Cottage Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0425-0033-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,277

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Unit Levels: Two
  • Parking Features Parking Total: 25.0
  • Prop. Type: Residential Income
  • Structure Type: Multi Family
  • Year Built: 1974
  • Lot Size Acres: 0.76
  • Co List Office Mls Id: mu.oarx
  • Co List Office Phone: 769-257-5260
  • Subdivision Name: Cottage Grove
  • New Construction: No
  • Remarks Miscellaneous:Agent Remarks: BACK ON THE MARKET AGAIN! This property has been placed in an upcoming online auction event. All bids should be submitted at www.xome.com (void where prohibited). All properties are subject to a 5% buyer's premium pursuant to the Auction Participation Agreement and Terms & Conditions (minimums will apply).
  • General Property Information:List PriceSqFt: 76.2
  • General Property Information:New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Furnished: No

Exterior Features

  • Disclosures: REO
  • Exterior Features: None
  • Fencing: Chain Link
  • Foundation Details: Slab
  • Roof: Asphalt Shingle
  • Patio And Porch Features: None
  • WaterfrontFeaturesWaterfront: No
  • Pool Private: No
  • Construction Type: Brick
  • Exterior Features:None11: Yes
  • General Property Information:Accessibility Features: Yes
  • Patio And Porch Features:None9: Yes

Garage/Parking

  • Total Parking Spaces: 25.0

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available
  • Water Source: Public
  • Heating:Central: Yes

Association/Amenities

  • Tax and Financial Information:Association: No

Schools

  • Elementary School: Walton
  • High School: Lanier
  • Middle Or Junior School: Brinkley

Lot Info

  • Parcel #: 0425-0033-001
  • Lot Size Sq Ft: 33105.6

Tax Info

  • Tax Annual Amount: 8277.0
  • Tax Year: 2021

Multi Family

  • Number Of Units Total: 25

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
10/25/2024 10/25/24 Sold -- -- --
10/01/2024 10/01/24 Pending -- -- --
07/22/2024 07/22/24 Price Changed $520,000 0.0% $76 / Sq Ft
07/22/2024 07/22/24 For Sale $520,000 -9.6% $76 / Sq Ft
07/19/2024 07/19/24 Off Market -- -- --
06/28/2024 06/28/24 For Sale $575,000 0.0% $84 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
04/15/2024 04/15/24 For Sale $575,000 0.0% $84 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $575,000 0.0% $84 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
03/19/2024 03/19/24 Price Changed $575,000 -15.3% $84 / Sq Ft
02/04/2024 02/04/24 For Sale $679,000 0.0% $100 / Sq Ft
01/11/2024 01/11/24 Pending -- -- --
01/04/2024 01/04/24 Price Changed $679,000 -6.3% $100 / Sq Ft
01/02/2024 01/02/24 For Sale $725,000 0.0% $106 / Sq Ft
12/31/2023 12/31/23 Off Market -- -- --
12/06/2023 12/06/23 For Sale $725,000 0.0% $106 / Sq Ft
10/28/2023 10/28/23 Pending -- -- --
09/02/2023 09/02/23 For Sale $725,000 -- $106 / Sq Ft
Source: MLS United

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,484 $43,889 $6,300 $37,589
2023 $8,484 $43,013 $6,300 $36,713
2022 $8,277 $43,013 $6,300 $36,713
2021 $8,277 $43,013 $6,300 $36,713
2020 $8,008 $41,859 $6,300 $35,559
2019 $8,015 $41,859 $6,300 $35,559
2018 $7,926 $41,859 $6,300 $35,559
2017 $7,721 $41,859 $6,300 $35,559
2016 $7,721 $41,859 $6,300 $35,559
2015 $6,911 $38,603 $6,300 $32,303
2014 $6,902 $38,603 $6,300 $32,303
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS United

MLS Number: 4057741

MLS United

APN: 0425 0033 001