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Listed price in listed location currency (USD).
$160,000

532

MLS® 4124678

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2297 sqft
Garage Yes
Taxes $3,038
Lot Size 0.25 acres
Approx. Age 1948
Avg. Price Per Sqft $69
MLS® Number 4124678

Property Address: abc-607 Arrowhead Dr, Jackson, MS, 39216-3202

Average square foot calculated using Size range provided by listing agent.

Description

Back on market after buyer had financing difficulties. Excellent investment property in the highly desirable Fondren area! This triplex has been a popular rental for decades. It is located on a quiet street in one of Fondren's favorite neighborhoods. Unit A and Unit B each have 2 bedrooms, 1 bathroom, a living room, kitchen, and laundry hookups. The rear unit is an efficiency floorplan with a kitchen and laundry hookup. PLEASE SEE FLOORPLAN SKETCH in the photos section. The property has been owned by long-term MS investors who are retiring. The property is in need of an extensive renovation. After the property was vacated, the seller spent $12K on mold remediation and removal of damaged drywall and flooring (remediation documents will be provided). The seller decided to sell the property in as-is condition at a price that would allow investors to complete the renovation project to their specifications. When it was last leased, the property generated a gross monthly income of $2750 from all 3 units. Units B and C are metered together so the landlord paid those utilities; Unit A paid its own. This is a great opportunity to create 3 splendid market-rate rentals on one of the sweetest streets in beautiful Fondren with a potential of a combined monthly rental of around $3400 - 3800.
MLS® Number4124678
Laundry Level
Central VacNo
FireplaceNo
Acreage0.25
Exterior
GarageYes
Approx. Age1948
Basement
DrivewayConcrete Drive, Covered, Driveway, Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
-Sold Price

Pending

Sep 5, 2025List Date
$160,000List Price
  • Commute

Commute

Starting Address
Destination Address
607 Arrowhead Dr, Jackson, MS

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