$600,000

Residential Income In Gulfport

  • 16 Beds
  • 8 Baths
  • 6,406 Sqft
  • 9,148 Sqft lot
  • Updated: June 15
  • 1
    Views for last 30 days
  • Source:
    MLS United  MLS#4126144

About the Property

Investor Opportunity!! Updated 8-plex near the beach, with strong cash-flow. Turn-key 8-unit multifamily in a high-demand coastal corridor on the Gulfport/Long Beach line, just a short walk to the beach. Property consists of 4 townhomes + 4 flats, fully occupied and professionally maintained. Recent capital improvements include a new roof, new exterior paint, and blown in R19 insulation, along wit
Investor Opportunity!! Updated 8-plex near the beach, with strong cash-flow. Turn-key 8-unit multifamily in a high-demand coastal corridor on the Gulfport/Long Beach line, just a short walk to the beach. Property consists of 4 townhomes + 4 flats, fully occupied and professionally maintained. Recent capital improvements include a new roof, new exterior paint, and blown in R19 insulation, along with interior upgrades such as vinyl plank flooring, updated mechanicals, and fresh paint throughout. A shared washer/dryer utility adds additional tenant convenience and retention value. Current rents range $775-$800, with one furnished unit at $925, producing $6,520/month in gross income with room for future upside. Located south of the tracks in a mostly owner-occupied area near Island View Casino, retail, dining, and essential services. This is an ideal setting for long-term renter stability. A clean, updated, cash flowing asset in a prime coastal location. Excellent long-term hold with immediate income.
  • Property type

    Other

  • Floors

    2

  • Year built

    1978

  • Price/sqft

    $93

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807 Hardy Avenue, Gulfport, Mississippi, United States View on Google Maps
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Southern Way Realty - Gulfport

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Southern Way Realty - Gulfport
Mississippi, United States
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2
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2026
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Southern Way Realty - Gulfport
Gulfport, Mississippi, United States
View agency profile
Last updated
June 15
First listed
Jun 15
Listing reference
4126144
Listing status
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