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$ 550,000
Est. payment /mo
Active
100 Elizabeth Street Picayune, MS 39466
4,650 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,650 sqft
Price per Sqft $118
MLS Listing ID 189183
Annual Tax Amount $4,309
Tax Year 2025
Lot Size 10,454 Sqft
Property Sub-Type Commercial
Property Description
**100 Elizabeth Street | Picayune, Mississippi** **Multifamily Investment Opportunity** This fully leased six-unit multifamily property presents an exceptional investment opportunity in the heart of downtown Picayune. Offering stable in-place cash flow, multiple income streams, and immediate upside potential, this asset is well-positioned for investors seeking long-term income and operational flexibility. Property Highlights * Six-unit multifamily property * Three 2-bedroom, 1-bath apartments * Three 1-bedroom, 1-bath apartments * Prime downtown corner location with dual street frontage * Adjoining parcel included for dedicated tenant parking * Municipal utilities * Located in Flood Zone X * Zoned C-2 Downtown Commercial Income-Producing Features * Established rental property with documented operating history * Diversified income through both traditional apartment rentals and an existing furnished corporate rental * Furnished corporate rental has generated income through Airbnb.
Location
State MS
County Pearl River
Area 1-Picayune City Limits
Zoning C-1
Rooms
Basement None
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air, Window Unit(s)
Flooring Tile, Vinyl
Exterior
Parking Features Off Street, 11-20 spaces
Fence Partial
Waterfront Description None
Roof Type Metal,Other
Garage No
Building
Lot Description City Lot
Story Two
Foundation Slab
Sewer Public Sewer
Water Public
Others
Listed by Real Broker LLC