Lee Waldrop

Major Renovated 5 Unit Property! Well into the six figures of updates on this one. Gross rents of $4,400 for only $339k! Property consists of 2, brick on slab duplexes, with a Single Family Residence up front. Totaling 5 units, 12 beds, 7 baths. No expense was spared. Updates include: 3 New Architectural Roofs, 5 New Central Heating and Air Systems, 5 New Water Heaters, Granite Counters!! Other updates include all new appliances, new flooring, paint, electrical and plumbing upgrades, new doors, hardware, and cabinets. This 5 plex is on two parcels sold at once. A Buyer would have future option to sell separately or live in the house and rent out the two, brick duplexes! With six figures of capital improvements, there's many years before any large expenses are expected to these structures. Under professional property management. Management Co. willing to stay in place if requested. Schedule a tour today!

Outstanding brick on slab rental property available for under $100,000! This property is extremely low maintenance and is rented to a long term renter for $1,050 / month. This property has a fenced backyard, ceramic tile, recent updated paint. Please respect privacy of tenant and advance notice of showings is required. The roof has been patched in past years, and is not currently leaking. Price is already reflected to consider the older roof. Seller is a licensed real estate broker in MS & AL.

Lee Waldrop

About Lee Waldrop

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Recent property sales & transaction history

2 properties

Gulfport

Family Home

$150,000 to $250,000

1,200 ft²

Properties for sale by listing agent Lee Waldrop

$89,900

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