$149,000

2002 Ray Avenue, Pascagoula, MS 39567

  • 3 beds |
  • 2 baths |
  • 1,584 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1984
  • Property Lot Size Icon9,148sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $94/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Nestled in the serene neighborhood of Pascagoula, MS, at 2002 Ray Ave., lies a unique investment opportunity. This property features a 1,104 sqft main house alongside a fully remodeled 480 sqft cottage, presenting a combined rental income potential of $1,900 per month. The main house brings a rent of $1,100 per month. It has recently undergone extensive renovations, including the installation of central air and heat, an updated kitchen, modernized bathrooms, new flooring, and a new roof. These enhancements not only elevate the living experience but also promise reduced maintenance costs in the long term. In addition to the main residence, the property includes a charming cottage, meticulously remodeled from the ground up. This additional unit brings $800 in monthly rent, boasts new roofing and siding, reinforcing its durability and appeal. Located on a peaceful street, this property is ideal for tenants seeking a quiet and comfortable living environment. As an investor, you will appreciate the straightforward financial arrangement: while the owner is responsible for water bills, tenants cover the other utilities, simplifying the management process. This property represents a lucrative investment opportunity, combining strong rental income potential with recent upgrades to ensure minimal future maintenance expenses. It's an ideal acquisition for those looking to expand their portfolio in a thriving community.

Listing Status:
Active
Date Added:
March 31, 2025 at 05:00AM
Listing Office:
Trifecta Real Estate, LLC : 601-741-3559
Listing Agent:
Andrew G Harwell : 601-966-2454
MLS ID:
4108475
  • A/C: Central AirDuctless
  • Heating: CentralDuctless

This listing courtesy of Andrew G Harwell, Trifecta Real Estate, LLC

Monthly Payment

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

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Location

Schools Nearby

L

Lake Elementary School

4503 Willow St, Pascagoula, MS, 39567

Grades KG-4

0.62 miles away

P

Pascagoula Opportunity Center

1520 Tucker Ave, Pascagoula, MS, 39567

Grades KG-12

1.03 miles away

P

Pascagoula Opportunity Center

1520 Tucker Ave, Pascagoula, MS, 39567

Grades KG-12

1.03 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.

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