$219,000
SOLD JAN 29, 2016
Last list price

7013 U S 98 McComb, MS 39648

11 Beds
8 Baths
6,904 Sq Ft
6.52 Acres

Recently Sold

$32 Per Sq Ft

19 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, 6.5 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 6.5 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 Agent to Sell the Property

Chuck Paulk

Berkshire Hathaway HomeServices - Cabin Creek Real Estate

Berkshire Hathaway HomeServices - Cabin Creek Real Estate

Property Details

Home Type

  • Mobile/Manufactured

Est. Annual Taxes

  • $315

Year Built

  • Built in 1996

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
  • 6.52 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: 6.52
  • Lot Size: 6.52 Acres
  • 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: McComb

Lot Info

  • Parcel #: 901105A
  • Lot Size Sq Ft: 284011.2
  • 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

Map

Range of Values:

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List 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®

Source: Southwest Mississippi Board of REALTORS®

MLS Number: 122932

Southwest Mississippi Board of REALTORS®

Mississippi Pike County Mccomb 39648

7013 U S 98, Mccomb, MS

Homes for Sale in McComb, MS

This home is located at 7013 U S 98, McComb, MS 39648 and is currently priced at $219,000, approximately $31 per square foot. This property was built in 1996. 7013 U S 98 is a home located in Pike County with nearby schools including Eva Gordon Lower Elementary School, Osyka Elementary School, and South Pike Junior 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.

Southwest Mississippi Board 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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