31
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$259,500
Est. payment /mo
4,356 Acres Lot
Active
141 W 5th Street Hattiesburg, MS 39401
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID NO2571167
Lot Size 4356.000 Acres
Acres 0.1
Property Sub-Type Duplex
Property Description
A Turnkey Duplex Investment in the Heart of the North Main Historic District Let me tell you why this one is different from the stack of "investment opportunities" you've probably been scrolling through. This isn't a spreadsheet promise -- it's a duplex that's already doing the work. Right now, today, this property is generating over $3,000 a month in combined revenue, and it's set up so you can step into ownership without missing a beat. Two sides, two bedrooms, two bathrooms each -- mirror images of comfortable, well-proportioned living space. The right side is home to a long-term tenant who's already in place. That's instant, predictable cash flow from day one. The left side is your income multiplier. It's currently operating as a well-performing Airbnb, which means you're not locked into a single flat rental number. Here's the part that really makes this deal sing: you're sitting in the North Main Historic District, minutes from the absolute heart of downtown Hattiesburg. Picture your guests' Friday night: a short walk down to Bourbon on Front or Trattoria Pizzeria, and if it's spring or fall, they're catching Live at Five at Town Square Park with local bands, food trucks, and the kind of small-town energy people specifically travel for. Saturday morning? Coffee and bagels at Southbound Bagel and Coffee Shop, then wandering the aisles of The Lucky Rabbit. From there, it's a short stroll past the antique shops and galleries lining Main Street, with the beautifully restored Saenger Theater anchoring the whole district. Immediate income -- over $3,000/month already flowing in, no ramp-up required Built-in stability -- a long-term tenant anchoring half the property Built-in upside -- an established, proven Airbnb on the other half A location that sells itself -- walkable to the restaurants, theater, shops, and events that make downtown Hattiesburg a genuine destination.
Location
State MS
Interior
Heating Central
Cooling Central Air
Exterior
Roof Type Composition
Building
Foundation Pillar/Post/Pier
Level or Stories 1
Others
Tax ID 2029F04243
Listed by Crescent Sotheby's International Realty
Nearby Locations
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