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.
Active
Price cut: $50.5K (1/31)
$399,500
1520 22nd Ave, Meridian, MS 39301
3beds
2,500sqft
Est.:
Residential, Multi Family
Built in 1940
-- sqft lot
$377,400 Zestimate®
$160/sqft
$-- HOA
What's special
- 192 days
- on Zillow |
- 218 |
- 8 |
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
Tour with a buyer’s agent
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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