For Sale
$225,000
2005 8Th St Ocean Springs, MS 39564
High-yield duplex, prime location.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- $225,000 asking price for a value-add, two-unit duplex in Ocean Springs, MS.
- 7.11% cap rate, 8.89% pro-forma cap rate.
- 100% occupancy, generating $16,000 NOI ($20,000 pro-forma NOI).
- 1,767 square feet on a 0.26-acre lot, built in 2006.
- Located in the desirable Gulf Park Estates neighborhood, close to schools and Lake Mars Boat Launch.
Property Details for 2005 8Th St
- Property type
- Residential income homes
- Square Feet
- 1,767 SF
- Class
- B
- Year Built
- 2006
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 11,326 SF
- Units
- 2
Location Insight
- City
- Ocean Springs
- County
- Jackson
- State
- Mississippi
- Latitude
- 30.3706261
- Longitude
- -88.7569609
Nearby Similar for Sale
FAQs
- What type of property is this?
- Residential income home - High-yield duplex, prime location.
- Where is the residential income home located?
- The property is located at 2005 8Th St Ocean Springs, MS.
- What is the asking price?
- The asking price for this property is $225,000.
- What are key features of this property?
- This property features: $225,000 asking price for a value-add, two-unit duplex in Ocean Springs, MS.; 7.11% cap rate, 8.89% pro-forma cap rate.; 100% occupancy, generating $16,000 NOI ($20,000 pro-forma NOI).
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