$160,000

607 Arrowhead Drive, Abc, Jackson, MS 39216

  • 5 beds |
  • 3 baths |
  • 2,297 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1948
  • Property Lot Size Icon0.25acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $70/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Excellent investment property in the highly desirable Fondren area! This triplex has been a popular rental for decades. It is located on a quiet street in one of Fondren's favorite neighborhoods. Unit A and Unit B each have 2 bedrooms, 1 bathroom, a living room, kitchen, and laundry hookups. The rear unit is an efficiency floorplan with a kitchen and laundry hookup. PLEASE SEE FLOORPLAN SKETCH in the photos section. The property has been owned by long-term MS investors who are retiring. The property is in need of an extensive renovation. After the property was vacated, the seller spent $12K on mold remediation and removal of damaged drywall and flooring (remediation documents will be provided). The seller decided to sell the property in as-is condition at a price that would allow investors to complete the renovation project to their specifications. When it was last leased, the property generated a gross monthly income of $2750 from all 3 units. Units B and C are metered together so the landlord paid those utilities; Unit A paid its own. This is a great opportunity to create 3 splendid market-rate rentals on one of the sweetest streets in beautiful Fondren with a potential of a combined monthly rental of around $3400 - 3800.

Listing Status:
Active
Date Added:
September 5, 2025 at 05:00AM
Listing Office:
Charlotte Smith Real Estate : 601-982-7998
Listing Agent:
Cecilia Bullock : 601-951-8743
MLS ID:
4124678
  • A/C: Central AirWall/Window Unit(s)
  • Heating: CentralOther
  • General: Private Yard
  • Parking: ConcreteDrivewayCoveredParking spaces: 2
  • Roofing: Asphalt
  • General: AsbestosBrickOneConventional
  • Originating MLS: MLS United
  • County: Hinds
  • Zoning: LOT 13 BLK J CHEROKEE HGTS0050-0200-000
  • Fencing: Back YardPartial
  • Utilities: Cable AvailableNatural Gas ConnectedSewer ConnectedWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: MLS United

This listing courtesy of Cecilia Bullock, Charlotte Smith Real Estate

Monthly Payment

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

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Location

Schools Nearby

B

Boyd Elementary School

4531 Broadmeadow Dr, Jackson, MS, 39206

Grades KG-5

0.87 miles away

C

Chastain Middle School

4650 Manhattan Rd, Jackson, MS, 39206

Grades 6-8

1.32 miles away

M

Murrah High School

1400 Murrah Dr, Jackson, MS, 39202

Grades 9-12

1.30 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.