832 Woodward Ave, Gulfport, MS 39501

Description

EXCEPTIONAL INVESTMENT OPPORTUNITY — TWO BLOCKS FROM THE BEACH! An outstanding opportunity to own three rental units on two adjoining parcels in a desirable Gulfport neighborhood! Perfect for investors seeking rental income or owner-occupants who want to live in a beautifully renovated home while collecting rent from two additional units. The property includes a charming 3-bedroom, 1-bath single-family home at 832 Woodward Avenue, plus a detached A-frame duplex at 830 Woodward Avenue, featuring a one-bedroom lower unit and studio unit upstairs. The main residence has undergone extensive renovations, including an updated kitchen with granite countertops, solid wood cabinetry and newer appliances; a beautifully renovated bathroom; professionally refinished original oak floors; new HVAC and ductwork; a new electric water heater; and numerous additional improvements. The two duplex units were renovated in the last 12 months and are in excellent condition. The duplex is being sold furnished, and both units are currently occupied by month-to-month tenants, offering immediate rental income of $1,950 monthly. The main residence is vacant and ready for an owner-occupant or new tenant. Rental financials are available upon request. Ideally located just two blocks from the beach, with convenient access to downtown Gulfport, Island View Casino and Memorial Hospital and Navy base. Both parcels are being offered as a package. Offered at $325,000 FIRM. A unique opportunity to acquire three income-producing rental units near the beach and NOT in a flood zone. Buyer and buyer's agent to verify all measurements, parcel information, rental income, expenses, permitted uses and other property details.