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2516 Southern Heights Rd

Tupelo, MS 38801
  • $4,100,000
  • STATUS: Active
  • ON SITE: 69 Days
  • MLS #: 10157954
UPDATED: 68 min ago
$4,100,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1990
County:

School Ratings & Info

Description

Amazing opportunity to own 44 two bed, two bath rental properties in Tupelo! There are 22 rooftops, each a duplex nicely spaced on large property. Low maintenance brick exterior. Several have been updated with new appliances, fresh paint, new roofs and LVP flooring. Wonderful turnkey investment property in quiet residential area adjacent large green space at Theron Nichols Park. Please see 3D tour link. Drone video and walkthrough video available by request.

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© 2023 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or Red Sea Realty Co LLC. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2023-12-11T10:03:10.743.
www.redsearealtyco.com/homes/143976127
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2516 Southern Heights Rd Tupelo, MS 38801

  • Price: $4,100,000
  • Status: Active
  • On Site: 69 Days
  • Updated: 68 min ago
  • MLS #: 10157954
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1990
Built
Neighborhood:
The Woods Complex
County:
Other
Area:
Other Mississippi Counties
Property Description
Amazing opportunity to own 44 two bed, two bath rental properties in Tupelo! There are 22 rooftops, each a duplex nicely spaced on large property. Low maintenance brick exterior. Several have been updated with new appliances, fresh paint, new roofs and LVP flooring. Wonderful turnkey investment property in quiet residential area adjacent large green space at Theron Nichols Park. Please see 3D tour link. Drone video and walkthrough video available by request.
Exterior Features

Buildings 22 Construction Brick Foundation Slab Lot Size 0.0 Parking Facility Concrete Roof Composition

Interior Features

Cooling Systems Central Floors And Ceilings Partial CarpetTileVinyl Floor Heating Systems Central Hot Water Other (See Remarks) Laundry Connections

Property Features

1 Bedroom Units 0 2 Bedroom Units 44 3 Bedroom Units 0 Annual City Tax 0 Annual County Tax 53703 Annual Insurance Expenses 16119 Annual Operating Expenses 10800 Assumption No Assumption Contingency Type No Contingency Efficiency Studio Units 0 Existing Financing Other (See Remarks) Gross Potential Annual Rent 386340 Legal Subdivision Name Parkwood Multifamily Type Other (See Remarks) New Financing Conventional Operating Expenses ManagementRepairs/Maintenance Other Units 0 Percent Occupancy 96 Possession At ClosingTenants Rights Sale Includes Building And Land Source Of Info OwnerRent Roll Tenant Pays Other (Call La) Type Of Leases Year Type Of Units 2 Br - 1+ BathsUnfurnished

Listing information © 2023 Memphis Area Association of REALTORS®.
Listing provided courtesy of Crye-Leike, Inc., Realtors: 901-756-8900.



© 2023 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or Red Sea Realty Co LLC. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2023-12-11T10:03:10.743.
 
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Red Sea Realty Co LLC
6812 Crumpler Blvd, Suite 104
Olive Branch MS, 38654