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.
Details
MLS #
4126144
Listing Type
For Sale
Style
House
Sub-Type
Resale
Status
Active
Year
1978
Days On Site
345
Listing Provided By
Southern Way Realty | Alain Harpin
Features
Bed(s)
16
Bath(s)
8 Total
SQ Feet
6,406
Units
8
Acreage
0.21
Water Front
None
Interior
Cooling
Central Air
Heating
Central
Furnished
No
Appliances
Dishwasher, Electric Range, Electric Water Heater, Range Hood, Refrigerator
Exterior
Exterior Features
None
Roof
Asphalt Shingle
Construction Materials
Brick, Siding
Foundation Details
Slab
Parking
Attached Garage Yes / No
No
Parking Features
Concrete, Driveway
Utilities
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Southern Way Realty – (228) 214-9674 – alaingharpin@gmail.com
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