Nestled in the serene neighborhood of Pascagoula, MS, at 2002 Ray Ave., lies a unique investment opportunity. This property features a 1,104 sqft main house alongside a fully remodeled 480 sqft cottage, presenting a combined rental income potential of $1,900 per month.
The main house brings a rent of $1,100 per month. It has recently undergone extensive renovations, including the installation of central air and heat, an updated kitchen, modernized bathrooms, new flooring, and a new roof. These enhancements not only elevate the living experience but also promise reduced maintenance costs in the long term.
In addition to the main residence, the property includes a charming cottage, meticulously remodeled from the ground up. This additional unit brings $800 in monthly rent, boasts new roofing and siding, reinforcing its durability and appeal.
Located on a peaceful street, this property is ideal for tenants seeking a quiet and comfortable living environment. As an investor, you will appreciate the straightforward financial arrangement: while the owner is responsible for water bills, tenants cover the other utilities, simplifying the management process.
This property represents a lucrative investment opportunity, combining strong rental income potential with recent upgrades to ensure minimal future maintenance expenses. It's an ideal acquisition for those looking to expand their portfolio in a thriving community.
Active
$149,000
2002 Ray Ave, Pascagoula, MS 39567
3beds
1,584sqft
Est.:
Multi Family, Single Family Residence
Built in 1984
-- sqft lot
$-- Zestimate®
$94/sqft
$-- HOA
What's special
- 26 days
- on Zillow |
- 957 |
- 73 |
Zillow last checked: 7 hours ago
Listing updated: March 31, 2025 at 12:05pm
Listed by:
Andrew G Harwell 601-966-2454,
Trifecta Real Estate, LLC 601-741-3559
Source: MLS United,MLS#: 4108475
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, Ductless
Cooling
- Central Air, Ductless
Interior area
- Total structure area: 1,584
- Total interior livable area: 1,584 sqft
Property
Parking
- Parking features: Carport
- Has carport: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: None
- Waterfront features: None
Lot
- Size: 9,147.6 Square Feet
Details
- Parcel number: 40401422.000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Single Family Residence
Materials
- Brick Veneer
- Foundation: Slab
- Roof: Architectural Shingles
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: Metes And Bounds
Location
- Region: Pascagoula
Financial & listing details
- Price per square foot: $94/sqft
- Tax assessed value: $57,648
- Annual tax amount: $1,356
- Date on market: 3/31/2025
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