Four-unit investment property in Purvis, Lamar County, with all four units at 1,200 square feet -- 4,800 total square feet. Three units are leased with terms running into 2027; the fourth is vacant and ready to lease, offering immediate upside and a clean look at the interior. Market rent is $950 per unit, and each unit carries a total monthly charge of $1,012.40 including utility reimbursement, for gross potential income of $48,595.20 annually. Water, sewer, and trash are owner-paid and rebilled to residents. Currently professionally managed; management can remain in place at closing or the property can convey free of management. Uniform unit sizes keep maintenance, turnover, and budgeting predictable, and identical floor plans make renovation costs easy to model. Rent roll, 12-month income statement, and a full pro forma including taxes and insurance are available to qualified buyers. 24-hour notice required for showings -- please do not disturb occupants.
Multi-familyProperty Type
2005Year Built
0.39 acresLot Size
$143Price/Sq.Ft.
1 spaceParking
Listed by Jason M. Gunter, Broker Gunter• Realty Star Network
4 Unit complex in Oak Grove School District. Each unit is 1,200 square feet with 2 bedrooms and 2 bathrooms. Spacious living rooms and large bedrooms. Current rent: A) $865 B) $875 D) $835 Call your agent to take advantage of this excellent opportunity.
LBOR #33762
Jul 29, 2024
Price Changed
$339,000
$140/sq ft
Jun 20, 2024
Price Changed
$345,000
$143/sq ft
Jun 3, 2024
Price Changed
$379,000
$157/sq ft
Apr 23, 2024
Listed
$425,000
$176/sq ft
HAAR #127972
Feb 23, 2023
Sold
—
Jan 6, 2022
Listed
$289,000
$120/sq ft
HAAR #118109
Feb 18, 2020
Sold
—
Jun 29, 2019
Listed
$239,900
$99/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
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Baths
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Stories
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Lot width
135 ft.
Lot depth
125 ft.
Lot size
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Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Multi-Family (2-4 Unit)
County
Lamar County
APN
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Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Feb 23, 2023.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
1% chance of being in a wildfire in next 30 years
8/10 Heat Factor
7 days above 107° expected this year, 21 days in 30 years
8/10 Wind Factor
99% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Purvis, MS • 39475
Average low and high temperatures (°F)
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37
68
46
76
53
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91
72
87
68
81
58
73
52
64
43
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
85/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 154 N Wind Ridge Ln
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