This property has loads of potential. Deals like this don't come up in Gulfport very often, it's hard to get any multifamily units for $200k here. Great area, this property has tons of character, spacious built deep into lot. Within walking distance to downtown and the art district of Gulfport. This will be a full rehab but definitely worth the effort in the end. For Holding/Renting:Sale Price: $109,000Est. Repairs: $50,000Estimated Rent: $2,800/mo.Net Operating Income (after taxes $2,500/insurance $1,500): $29,600Cap Rate: 18.6%
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
