Jackson, MS 39216,607 Arrowhead Drive #Abc
Jackson, MS 39216,607 Arrowhead Drive #Abc
Jackson, MS 39216,607 Arrowhead Drive #Abc
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$160,000
Est. payment /mo
5 Beds
3 Baths
2,297 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,297 sqft

Price per Sqft $69

Subdivision Fondren

MLS Listing ID 4124678

Bedrooms 5

Full Baths 3

Year Built 1948

Annual Tax Amount $3,038

Lot Size 10,890 Sqft

Acres 0.25

Source MLS United

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.

Location

State MS

County Hinds

Direction From North State Street, turn onto Council Circle, and Arrowhead runs easterly off of Council Circle and dead ends into Kings Highway.

Interior

Heating Central, Other

Cooling Central Air, Wall/Window Unit(s)

Furnishings No

Exterior

Exterior Feature Private Yard

Parking Features Covered, Driveway, Concrete

Utilities Available Cable Available, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Asphalt

Porch Front Porch

Garage No

Building

Lot Description Level

Foundation Conventional

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Private Yard

New Construction No

Schools

Elementary Schools Boyd

Middle Schools Bailey Apac

High Schools Murrah

Others

Tax ID 0050-0200-000

Virtual Tour https://www.propertypanorama.com/607-Arrowhead-Drive-Jackson-MS-39216/unbranded


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MLS United(Mississippi)
Listed by Charlotte Smith Real Estate

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April Smith

April Smith

+1(601) 259-8485

Broker Associate | B-24409

Broker Associate B-24409

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