Jackson, MS 39202,814 N Congress Street
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Jackson, MS 39202,814 N Congress Street
Jackson, MS 39202,814 N Congress Street
Jackson, MS 39202,814 N Congress Street
Jackson, MS 39202,814 N Congress Street

$899,900

Est. payment /mo

$899,900

Est.Price: ?

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814 N Congress Street Jackson, MS 39202

4 Beds

11 Baths

6,300 SqFt

SOLD DATE : 12/03/2021

Key Details

Sold Price $899,900

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 6,300 sqft

Price per Sqft $142

Subdivision Belhaven/Belhaven Heights

MLS Listing ID 1342987

Sold Date 12/03/21

Style Traditional

Bedrooms 4

Full Baths 10

Half Baths 1

Originating Board MLS United

Year Built 1936

Annual Tax Amount $5,800

Lot Size 1.200 Acres

Acres 1.2

Lot Dimensions 80' x 160'

Property Description

Wonderful opportunity to purchase a totally renovated 9 unit apartment building located in Downtown Jackson, MS. Located roughly 3 blocks from the State Capital Building and Downtown Jackson CBD. The property is close to Belhaven University, Milsaps University, and Baptist Hospital. Just a few minutes from University Medical Center and all the fun stuff in Fondren. Building is currently at 100% occupancy. Property has maintained 90-100% occupancy since ownership. Rents range from $900 to $1,250 per unit. There are (7) 1 bed 1 bath units, (1) 2 bed 1 bath unit, and (1) 2 bed 2 bath unit. Originally built in 1936 for the Catholic Diocese of Jackson, the building was completely renovated in 2019 and 2020. All plumbing, electrical, and HVAC was replaced. A new rubber roof and flashing was installed in 2019. All units have been updated with butcher block counter tops, stainless appliances, deep stainless sinks, commercial grade vinyl flooring, crown molding, new paint, new fixtures, new ceiling fans, mini split Mitsubishi AC/heating units. Units have all electric appliances. Units average 600+/- square feet. Two Navian 12 GAL per minute gas on demand water heaters were added along with new piping. On site laundry was added and is located on the first floor. A New Orleans style courtyard was also added and is used as a common/lounge space shared amongst tenants. Three Speed Queen commercial grade washers and dryers are provided free to tenants. They are not coin operated. Gated parking for 20+ cars was added in 2020. The entire property is gated with two automatic entry and exit gates. A FOB key card is required to enter the gate as well as the building. The property is extremely secure. A multi-unit steel USPS mailbox was also installed. Extensive outdoor lighting was added also. The property currently generates a gross income of $115,600 annually. Call listing agent for showings or more information.

Location

State MS

County Hinds

Direction On Fortifiation St headed west. Pass over State St. Left on Congress St. Building is .2 miles ahead on left.

Interior

Interior Features High Ceilings

Heating Central, Other, Natural Gas

Cooling Central Air, Other

Furnishings No

Appliance Range

Exterior

Exterior Feature Gas Grill

Utilities Available Electricity Available, Natural Gas Available, Water Available

Waterfront Description None

Roof Type Asphalt Shingle,Rubber

Porch Deck, Patio, Porch

Building

Lot Description Landscaped

Foundation Conventional

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Two

Structure Type Gas Grill

New Construction No

Others

Tax ID 39-13

Acceptable Financing Cash, Contract, Conventional, Other

Listing Terms Cash, Contract, Conventional, Other

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MLS United(Mississippi)
Listed by Right Size Realty, LLC

Stephen James

Agent | License ID: MS# 52033 TN# 336698

+1(662) 689-1299

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