Description
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.
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16BEDS
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0.21ACRES
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8BATHS
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01/2 BATHS
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6,406SQFT
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$94$/SQFT
School Ratings & Info
Description
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.