Multi-Family $ 55,000

508 E Main St.

Lumberton, MS 39455

  • 2,174 SqFt
  • 1965 Year Built
VALUE-ADD / HEAVY REHAB OPPORTUNITY - Triplex in Lumberton!
Investor special located on a corner lot on the main road in the heart of Lumberton. While the property will require significant repairs and renovation before it's rent-ready, it is structurally in great shape, making it an excellent candidate for a full rehab and long-term cash flow. At just 55k, this is a chance to pick up a multi-unit property at an entry-level price point and build equity through improvements ideal for experienced investors, contractors, or anyone looking for their next value-add project.

As an added benefit, there's an option to purchase the neighboring lot as well, giving you added flexibility for extra parking, outdoor space, storage, or future expansion (buyer to verify feasibility and zoning).

Bring your vision, your crew, and your plan—this one is all about the potential.
Listed by Kristi Shorts of Real Broker

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Triplex

    Listing Status Active

    Purchase Type For Sale

    Square Footage 2, 174 sqft

    Price per Sqft $25

    MLS Listing ID 145260

    Year Built 1965

    Annual Tax Amount $410

    Tax Year 410

    Lot Dimensions .22 Acres

    Property Sub-Type Triplex

    Source Hattiesburg Area Association of REALTORS®

  • Location

    State MS

    County Lamar

  • Building

    Sewer Public Sewer

    Water Public

    Structure Type Block

  • Interior

    Cooling Central Air

    Flooring Laminate

  • Exterior

    Garage Spaces 1.0

  • Schools

    High Schools Lumberton

CONTACT

Kristi M Shorts
Kristi M Shorts

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