NOT LISTED FOR SALE

7013 U S 98 McComb, MS 39648

11 Beds
8 Baths
6,904 Sq Ft
5 Acres

Last Sold December 13, 2017

139 Days on Market

Highlights

  • Porch
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of December 2017

You are looking at a solid rental property investment opportunity in McComb, Mississippi offering a capitalization rate of 15%. This 6 home, 5 acre rental property grosses right at $40,000 annually and generates a net profit of over $32,000 annually. All 6 homes are in very good condition and have been very well maintained. The infrastructure and grounds have also been well maintained. Because of the condition of the homes and infrastructure, the occupancy rate is close to 100%. Maintenance, taxes and insurance costs are low. The large 5 acre tract can accommodate additional units if needed. If you are looking for a profitable rental property investment, you should take a good look at this one. Call today for more details. Being shown to financially qualified buyers by appointment only.

Last Listed By

Adrianne Weekley

Berkshire Hathaway HomeServices - Cabin Creek Real Estate License #S-51470 Listed on: 06/15/2017

Berkshire Hathaway HomeServices - Cabin Creek Real Estate

Property Details

Home Type

  • Mobile/Manufactured

Est. Annual Taxes

  • $315

Year Built

  • Built in 1996

Lot Details

  • 5

Home Design

  • Pillar, Post or Pier Foundation
  • Vinyl Siding

Interior Spaces

  • 6,904 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 8 Bathrooms

Parking

  • 12 Parking Spaces
  • Off-Street Parking

Utilities

  • Central Heating and Cooling System
  • Natural Gas Not Available
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Porch
  • 5 Acre Lot

Listing and Financial Details

  • Total Actual Rent $2,290
  • Assessor Parcel Number 901105A

Community Details

Overview

  • 6 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Water Meters
  • Insurance Expense $1,800

Property Details

Home Type

Mobile/Manufactured

Est. Annual Taxes

$315

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Directions: 7103 through 7033 Highway 98 East, McComb, MS
  • Prop. Type: Residential Income
  • Year Built: 1996
  • Property Sub Type: Multi Family
  • Lot Size Acres: 5
  • Lot Size: x x x x
  • Subdivision Name: None
  • Building Stories: 1
  • Structure Type: Mobile
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher,Electric Range,Refrigerator, Electric Water Heater, Water Heater #: Dishwasher,Electric Range,Refrigerator
  • Total Bedrooms: 11
  • Entry Location: Unit 1 Level: 1,Unit 2 Level: 1,Unit 3 Level: 1,Unit 4 Level: 1
  • Living Area: 6904
  • ResoLivingAreaSource: Owner

Exterior Features

  • Roof: Other
  • Construction Type: Vinyl Siding
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 12

Utilities

  • Cooling: Central Air, Electric
  • Sewer: Septic Tank
  • Laundry Features: W/D Hook Up
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: Magnolia EPA
  • Water Source: Well
  • Gas Company: None

Schools

  • Junior High Dist: South Pike

Lot Info

  • Parcel #: 901105A
  • Lot Size Sq Ft: 217800
  • Farm Land Area Units: Square Feet
  • Zoning Description: None
  • ResoLotSizeUnits: Acres

Multi Family

  • Insurance Expense: 1800
  • Number Of Units Total: 6
  • Total Actual Rent: 2290
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Water Meters: 6

Tax Info

  • Tax Annual Amount: 315
  • Tax Map Number: 93X30

Range of Values:

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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 Change Sq Ft Price
12/13/2017 12/13/17 Sold -- -- --
11/03/2017 11/03/17 Pending -- -- --
06/16/2017 06/16/17 For Sale $219,900 +0.4% $32 / Sq Ft
01/29/2016 01/29/16 Sold -- -- --
11/16/2015 11/16/15 Pending -- -- --
10/27/2015 10/27/15 For Sale $219,000 -- $32 / 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: 125887

Southwest Mississippi Board of REALTORS®