2039 S Ridge Road new Save Request In-Person Tour Request Virtual Tour
Byram,MS 39272
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,210 sqft
Price per Sqft $90
Subdivision Lake Ridgelea
MLS Listing ID 4113813
Style Traditional
Bedrooms 6
Full Baths 3
Year Built 1951
Annual Tax Amount $2,454
Lot Size 0.620 Acres
Property Description
Investor Special! Two Homes, One Price - Cash Flow from Day One!
Here's your chance to own not one, but TWO income-producing properties on a single lot for just $289,900! This unique investment opportunity includes a spacious two-story 4-bedroom, 2-bath home currently rented for $1,900/month, PLUS a recently renovated 2-bedroom, 1-bath home bringing in $1,200/month. In both homes, the tenant pays all utilities. That's $3,100/month in gross rental income—well above the 1% rule!
Both homes are tenant-occupied, generating strong cash flow from day one. With a total of 6 bedrooms and 3 baths across both properties, this setup is perfect for investors looking to maximize return while minimizing risk. Whether you're building your portfolio or looking for your next low-maintenance rental, this deal checks all the boxes.
Opportunities like this are rare—two homes, one property, fully rented, and priced to sell. Don't miss it!
Location
State MS
County Hinds
Community Lake
Interior
Heating Central
Cooling Ceiling Fan(s),Central Air
Fireplaces Type None
Exterior
Exterior Feature Lighting
Parking Features Covered,Enclosed,Concrete,Gravel
Community Features Lake
Utilities Available Cable Available,Electricity Connected,Sewer Connected,Water Connected
Roof Type Metal
Building
Lot Description Front Yard,Rectangular Lot
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Lighting
New Construction No
Schools
Elementary Schools Gary Road
Middle Schools Byram
High Schools Terry