$299,000
0.39± Acres
Active
Lincoln County, MS

145 Josephine, Brookhaven, Mississippi

MLS ID: 143908
Status: Active
Price: $299,000
Acres: 0.39±
Type: Multi-Family, Residential
Address: 145 Josephine
City, State: Brookhaven, MS
County: Lincoln County
ZIP Code: 39601
Parcel Number: B87073041
SqFt: 4,552
Year Built: 1940

Description

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!

Directions: From Hwy 51 and Brookway Blvd, travel east on Brookway, for .6 miles, take a lsight right on to W Monticello s T in .1 mile, turn left onto N Church STreet, in .3 miles, turn right onto Josephone St, in .1 mile the property will be on the right.

Additional Information

Interior

Appliances: Electric Water Heater
Basement: Crawl Space
Building Area Total: 4,552
Cooling (Yes/no): Yes
Cooling: Central Air, Window Unit(s)
Heating (Yes/no): Yes
Heating: Central, Electric
Living Area Source: Assessor

Exterior

Electric: Entergy
Foundation Details: Slab
Lot Size Area: 16,988
Lot Size Dimensions: .39
Lot Size Square Feet: 16,988
Parking Features: Off Street
Parking Total: 8
Roof: Architectural
Stories: 2
Water Source: City

Financial/HOA/Schools

Days On Market: 6
Elementary School District: Brookhaven
Middle School District: Brookhaven
High School District: Brookhaven
Tax Annual Amount: 2939.35
Water Sewer Expense: 100
Zoning Description: Residential
Scott Lindsey

Scott Lindsey

Mccomb, Mississippi

(601) 248-3561

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All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of February 8, 2025 at 12:00:00 PM UTC.

Listed By: Trinity Webb of Southern Oaks Re Properties, Llc - (769) 218-7860