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Listing Details

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School Ratings & Info

Description

Don't miss this great investment opportunity! Two spacious units, each unit is 1460 square feet. Ceramic tile throughout, crown molding, walk-in closets, large utility room. Very clean! Tenant occupied. Flood insurance is transferable. Unit B currently has section 8 tenant who has been there multiple years. New owner can request to Bay St. Louis Housing Authority for a rent increase to $1,009 in Jan. 2022 which represents 110% of HUD FMR less utility allowance. This will become effective in April when tenant re-certifies. Unit A can be increased to market rents effective immediately or honor current owners lease & increase in July of 2022 up to market of $1200 a month.

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Terms & Conditions.

© 2021 Mississippi Gulf Coast Multiple Listing Service, Inc. Buyer and/or Buyer's Agent should verify data and evaluate source. This information is furnished by the Mississippi Gulf Coast Multiple Listing Service, Inc. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Mississippi Gulf Coast Multiple Listing Service, Inc. All properties are subject to prior sale, change or withdrawal. Neither the MLS nor the Listing Broker will be held responsible for any typographical errors, misinformation and misprints and shall be held totally harmless.
www.findhomesonmsgulfcoast.com/homes/119059108
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4050 Camellia St , #A #B Waveland, MS 39576

  • Price: $214,500
  • Status: Active
  • Updated: 217 min ago
  • MLS #: 377367
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2,920
SQFT
$73
$/SQFT
Neighborhood:
Shoreline Park
County:
Hancock
Area:
Waveland
Property Description
Don't miss this great investment opportunity! Two spacious units, each unit is 1460 square feet. Ceramic tile throughout, crown molding, walk-in closets, large utility room. Very clean! Tenant occupied. Flood insurance is transferable. Unit B currently has section 8 tenant who has been there multiple years. New owner can request to Bay St. Louis Housing Authority for a rent increase to $1,009 in Jan. 2022 which represents 110% of HUD FMR less utility allowance. This will become effective in April when tenant re-certifies. Unit A can be increased to market rents effective immediately or honor current owners lease & increase in July of 2022 up to market of $1200 a month.
Exterior Features

Exterior Siding/Vinyl Foundation Slab Parking Paved Drive Type Duplex

Interior Features

Cooling System Central Electric Equipment And Appliances DishwasherRange/Oven Flooring Ceramic Tile Heating Fuel Electric Heating System Electric Walls Sheet Rock Water Heater Electric

Property Features

Acceptable Financing CashConventional Age Under 25 Years Age Or Year Built 2009 Annual Flood Insurance 909.00 Estimated Annual Taxes 2999.00 Flood Insurance Required Yes Occupancy Tenant Owner Pays InsuranceTaxes Possession At Closing Potential Short Sale No Sewer City Sewer Sq Ft Source Tax Records Tenant Pays All Utilities Third Party Or Bank Owned No Type Of Lease One Year Lease Water City Water

Listing courtesy of Casey Angle of Coldwell Banker Alfonso Realty-Os-B/O.
© 2021 Mississippi Gulf Coast Multiple Listing Service, Inc.
Terms & Conditions.

© 2021 Mississippi Gulf Coast Multiple Listing Service, Inc. Buyer and/or Buyer's Agent should verify data and evaluate source. This information is furnished by the Mississippi Gulf Coast Multiple Listing Service, Inc. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Mississippi Gulf Coast Multiple Listing Service, Inc. All properties are subject to prior sale, change or withdrawal. Neither the MLS nor the Listing Broker will be held responsible for any typographical errors, misinformation and misprints and shall be held totally harmless.
 
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Keller Williams
13524 Seymour Ave
Ocean Springs MS, 39564