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22 Shears Road Hattiesburg, MS 39402
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Key Details
Sold Price $1,200,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Metes And Bounds
MLS Listing ID 4106507
Bedrooms 32
Full Baths 16
Year Built 1984
Annual Tax Amount $6,759
Property Description
Turnkey 16-uit apartment complex in the highly sought-after Oak Grover School District! Each unit features 2 bedrooms, 1 bathroom, and washer & dryer hookups, offering a desirable layout for tenants. Renovated in 2021, this fully occupied property is generating strong cash flow with the most high-ticket items replaced in recent years, including new roofs on all four buildings. With well-maintained units and stable tenancy, this investment offers immediate income potential with minimal upfront work. Conveniently located near shopping centers, entertainment, and major highways, this is a prime opportunity for investors looking to expand their portfolio with a high-performing asset!
Location
State MS
County Lamar
Interior
Heating Central
Cooling Central Air
Exterior
Exterior Feature Other
Parking Features Paved
Utilities Available Electricity Available
Waterfront Description None
Roof Type Architectural Shingles
Building
Foundation Brick/Mortar
Sewer Other
Water Separate Meters
Structure Type Other
New Construction No
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