Turnkey Multifamily Investment Opportunity Discover a rare investment gem at 145 Josephine Street: a fully occupied brick quadplex and an additional single-family home, all situated on a convenient in-town location. With 100% occupancy and long-term, reliable tenants, this property offers a steady income stream and minimal turnover. The quadplex features four one-bedroom units, each thoughtfully maintained and updated over the years. The single-family home spans 1,232 sq ft, offering additional income potential. Tenants are responsible for their utilities, with the exception of water and trash, keeping operational costs low. Both properties boast off-street parking for tenant convenience, with dedicated spaces for quadplex residents. While interior photos are not included to respect tenant privacy, all units are in good condition, with many updates ensuring tenant satisfaction and reduced maintenance concerns. Conveniently located close to town amenities, this multifamily property is an ideal addition to any investor's portfolio. Don't miss out on this turnkey opportunity with strong rental income and a proven track record of tenant retention. Schedule a showing today to explore the full potential of 145 Josephine Street!
For sale
Price cut: $24K (4/17)
$275,000
145 Josephine St, Brookhaven, MS 39601
--beds
--baths
4,552sqft
Est.:
Multi Family
Built in 1940
-- sqft lot
$-- Zestimate®
$60/sqft
$-- HOA
What's special
Off-street parkingMany updatesSingle-family homeGood conditionBrick quadplex
- 88 days
- on Zillow |
- 176 |
- 18 |
Zillow last checked: 7 hours ago
Listing updated: April 16, 2025 at 07:03pm
Listed by:
Trinity Webb,
Southern Oaks RE Properties, LLC 601-927-2942
Source: Southwest Mississippi BOR,MLS#: 143908
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Heating
- Has Heating (Unspecified Type)
Cooling
- Has cooling: Yes
Appliances
- Included: Electric Water Heater
Features
- Basement: Crawl Space
Interior area
- Total structure area: 4,552
- Total interior livable area: 4,552 sqft
Video & virtual tour
Property
Parking
- Total spaces: 8
- Parking features: Off Street
Features
- Stories: 2
Lot
- Size: 0.39 Acres
Details
- Parcel number: B87073041
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Brick
- Foundation: Slab
- Roof: Architectural
Condition
- Year built: 1940
Utilities & green energy
- Electric: Entergy
- Gas: Centerpoint
- Sewer: Public Sewer
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: Brookhaven
Financial & listing details
- Price per square foot: $60/sqft
- Tax assessed value: $134,990
- Annual tax amount: $2,939
- Date on market: 1/28/2025
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