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  • Price cut: $50.5K (1/31)
    $399,500

    1520 22nd Ave, Meridian, MS 39301

    3beds
    2,500sqft
    : 
    Residential, Multi Family
    Built in 1940
    -- sqft lot
    $377,400 Zestimate®
    $160/sqft
    $-- HOA

    What's special

    Welcome to this exceptional investment opportunity—a sprawling 4-acre property that seamlessly combines historical charm with modern rental income potential. The centerpiece of this unique estate is an Antebellum-style main house, built in 1940, featuring a large front porch perfect for relaxing and enjoying time with family and friends. This timeless main home offers 3 bedrooms and 2 bathrooms, living room, Formal Dining Space and Kitchen. The property is not just about the main house; a paved road leads you to an impressive collection of 14 additional homes, and the potential for a 15th, each currently rented, providing a steady stream of income. These homes vary from cozy 1-bedroom, 1-bath to 2-bedroom, 1-bath dwellings, catering to a diverse range of tenants and maximizing your investment potential. For those interested in sustainable living and self-sufficiency, the property offers ample space for a flourishing garden and a designated area for keeping chickens, right by the main house. This not only enhances the country living experience but also offers a genuine homesteading opportunity. This property is truly one-of-a-kind and must be seen in person to truly appreciate its unique charm and potential. Don't miss out on the chance to own a piece of history while securing your financial future with this remarkable investment.
    192 days
    on Zillow
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    218
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    Zillow last checked: 7 hours ago

    Listing updated: January 31, 2025 at 08:56am

    Listed by:

    Tabatha Johnson 769-798-4748,

    Cowan Realty Group 601-724-1698

    Source: MLS United,MLS#: 4094316
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 1520 22nd Ave.

    Next available tour time:Today at 2:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central, Natural Gas
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Gas Cooktop
    Features
    • Has fireplace: Yes
    • Fireplace features: Living Room, Wood Burning
    Interior area
    • Total structure area: 2,500
    • Total interior livable area: 2,500 sqft

    Property

    Parking
    • Parking features: On Site, Paved
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck, Front Porch
    • Exterior features: Other
    Lot
    • Size: 4 Acres
    Details
    • Additional structures: Residence, Second Residence
    • Parcel number: 084203000000000300

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Residential, Multi Family
    Materials
    • Siding
    • Foundation: Conventional
    • Roof: Metal,Shingle
    Condition
    • New construction: No
    • Year built: 1940

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Subdivision: Metes And Bounds
    Location
    • Region: Meridian

    Financial & listing details

    • Price per square foot: $160/sqft
    • Tax assessed value: $255,310
    • Annual tax amount: $6,806
    • Date on market: 10/17/2024
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