Address
Not Disclosed, ,
Price
$ 2,016,000
Property Attributes
  • MLS#4050773
  • TypeMulti-Family
  • County
  • City
  • NeighborhoodMetes And Bounds
  • Zip
  • Style
  • Year Built1975
  • Taxes$ 39480
  • Price$ 2,016,000
  • Bedrooms99
  • Full Bathrooms72
  • Half Bathrooms6
  • Sqr Footage209808
  • Lot Size4.82 Acres
Data Source:
MLS United
Property Description

EXCELLENT GROWTH POTENTIAL! Stewart Apartments is a complex comprised of 72 units divided among 7 buildings: thirty-four 1/1 units, thirty-two 2/1 units, and six 3/1.5 units. A moderate investment for updates and rehab of unoccupied units will provide increased income potential for your investment portfolio. This complex is located in a bustling market in need of rental housing. This property affords so much long-term potential for positive growth. Jackson County is one of the strongest growing counties in Mississippi, which is witnessing incredible economic growth due, much in part, to the Blue Economy. Pascagoula is home to Ingalls Shipbuilding, owned by Huntington Ingalls Industries, the state's largest private, single-site employer, as well as the largest Chevron refinery in the world. Other major industries include the Rolls-Royce Naval Marine, specializing in U.S. Navy ship propulsion, First Chemical/Chemours, and the Singing River Hospitals and Health Systems along the Gulf Coast. The Port of Pascagoula is a full-service deep-water port with modern facilities for handling cargo from around the world. The Port's two harbors include a combination of public and private terminals handling in excess of 32 million tons of cargo through the channel annually. The Port is the largest seaport in Mississippi and ranks nationally in the top 20 ports of foreign cargo volume.

Price History
3/14/2024 Listed $2,016,000

General Features

Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available,Electricity Connected,Sewer Connected,Water Connected
Roof Shingle
Zoning Multiple Family Residential
HOA No
Tenant Pays Cooling,Deposit,Electricity,Heating
New Construction No
Subdivision Metes And Bounds
Levels Two
Property Type C
Owner Pays Grounds Care,Insurance,Repairs,Sewer,Taxes,Trash Collection,Water
Accessibility Features No
Available Documents Leases,Marketing Package
Tax Year 2022
Status Active
Flood Insurance See Remarks
Year Built Source Public Records
Year Built 1975
Homestead Y/N No
Legal Description BEG SWC LOT 15 EVANS S/D N 552.7' N 89* W 402.17' S 297.3' S 89* E 50' S 260.7' S 89* E 351.5' TO POB PT LOT 59 E BAPTISTE TR A/K/A LOTS 1-9 BLK 1& LOTS 1-8 BLK 2 VACATED VINEWOOD PL S/D DB 1753-39 (
Structure Type Lowrise 1-2 Floors
Flood Insurance Required? Yes

Interior Features

Furnished Y/N No
Total Floors 2
SqFt Source Estimated
List Price/SqFt 9.61
Laundry Features Common Area

Exterior Features

Exterior Features None
Water Source Public
Parking Features Paved
Foundation Slab
MLS Identifier 20210408200911641907000000
Waterfront Features: Waterfront No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in