116 Oak St, Hattiesburg, MS 39401

Please direct all inquiries from potential buyers only, as assignors will not be considered. Offers will only be accepted from cash buyers. Serious buyers who are willing to make very low offers are welcome to drive to the property for a viewing. For more information, please visit the Forrest County tax collector website. The property has outstanding taxes owed in the range of $1800-2000. The single-family house features three bedrooms and one bathroom, and has great potential for the right person who is willing to invest in some tender loving care. A recent video from July 2023 is available for viewing at https://youtu.be/vbwQulfaHAc. The shingles rooftop contains asbestos that requires removal, estimated at $2500. The property is currently valued at up to $75K in its current condition, but due to the asbestos and necessary flooring and ceiling work, the price has been reduced. The property was sold for $195K twenty years ago and $80K ten years ago. The estimated cost of repairs is less than $20K, and the after-repair value is estimated at $120K. This property is being offered at the lowest price compared to other properties in the area. The monthly rent for a three-bedroom property in Hattiesburg is $1800. The property features a spacious main room with high ceilings, a foundation and roof that are in good condition, and a kitchen sink. Some rooms require work, but there is great potential for improvement. The property is being sold as is, and the seller is willing to accept a much lower price. A contract for deed will be provided after payment is made, and the title and deed will be transferred after full payment of the property at closing. The property is located in Forrest County, a suburban and quiet area just a few feet from a lake and a quarter mile from parks. Local restaurants and museums are within walking distance, and Walmart and shopping plazas are six miles away. The train to Louisiana is two streets away. The property has not been occupied for a few years, but it has been boarded up and features a metal gate in the front and a large, spacious bamboo backyard. The property has 1300 square feet of living space and a total of 10,000 square feet, including garden space and frontage. There are many bamboo trees in the backyard. The temperature in Mississippi is favorable, with almost ten months of heat and a few rainy months with lower temperatures and rare snow. The property has been empty for a while, but