1632 Terrace Dr, Gulfport, MS 39501

**Investment Property for Sale – Tenant Occupied & Income Producing** Great investment opportunity! This tenant-occupied property has reliable, long-term tenants who have consistently paid on time for many years. The property is professionally managed, and the current owner receives **$1,085 per month after all property management fees**. The existing property management company can continue managing the home if you'd like, or you can choose to manage it yourself. The home is being sold **AS IS**. No major updates have been made since the current tenants moved in approximately five years ago, making it a great opportunity for investors or buyers looking to add value over time. Situated on a **corner lot**, the property also offers potential for future expansion or redevelopment if you decide to make it your personal residence. **Property Highlights:** * Income-producing rental with long-term, dependable tenants * Net monthly rental income: **$1,085** * Professional property management in place (optional to continue) * Sold **AS IS** * Corner lot with future potential * Approximately **3 minutes from the beach** * Located in an established neighborhood * Walking distance to West Elementary School * Approximately **0.7 miles from Memorial Hospital** If you're interested or have any questions, please contact me for more information. **Please be cautious of scammers.** I will never ask for deposits or personal financial information before a legitimate transaction.