1. Mississippi
  2. Jackson
  3. 115 O'Ferrell Avenue
$249,000

115 O'Ferrell Avenue, Jackson, MS 39209

  • 28 beds |
  • 14 baths |
  • 5,763 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1969
  • Property Lot Size Icon1acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $43/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

CASH OFFERS ONLY, PLEASE. When we say cash, we mean ''money in the bank'' cash. Call for offers until end of July. Please give us your highest best cash offer with POF. This is a 14 unit apartment complex located close to the Jackson Zoo. It has potential to generate over $8,000.00 a month in income. The complex is undergoing a change in tenant occupancy currently (5.8.25), consequently, there are no income and expense figures to provide. Improvements were made to the interior and exterior of both buildings within the last year. There is room on the property to build a third building to increase income potential. This property, when fully rented, should produce income enough to have a strong positive cash flow. Units will be shown only with an acceptable contract and satisfactory proof of funds.

Listing Status:
Active
Date Added:
May 8, 2025 at 05:00AM
Listing Office:
Paul Flood Real Estate : 601-977-1144
Listing Agent:
Paul Flood : 601-977-1144
MLS ID:
4106537
  • A/C: Wall Unit(s)
  • Heating: Other

This listing courtesy of Paul Flood, Paul Flood Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lake Elementary School

472 Mount Vernon Ave, Jackson, MS, 39209

Grades PK-5

0.61 miles away

F

French Elementary School

311 Joel Ave, Jackson, MS, 39209

Grades 8-12

1.00 miles away

P

Provine High School

2400 Robinson St, Jackson, MS, 39209

Grades 9-12

1.17 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.