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Local Realty Service Provided By: Coldwell Banker Graham & Associates, Inc. Realtor

5 Vernon Lane, 
Jackson, MS 39204

$89,000

Last List Price

4

Beds


2

Baths


1,972

Sq Ft


Multi-Family

Sold

Listed by

Derek Havard

Havard Real Estate Group, LLC.

601-340-9656

MLS#

4054124

Source:

MS UNITED

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About This Home

5 Vernon Lane

Income Producing Duplex in Jackson! This sale includes the full Duplex (side A&B). Each side is 2 bedrooms 1.5 Baths. Property is tenant occupied by Long-Term Tenants and has a lot of opportunity to revise and increase rent. Being sold in as-is condition. Some updates and upgrades are likely needed. Photos were recently taken and show the current condition. Please contact your preferred Real Estate Agent for more information about this property or to submit an offer. Property has been 100% occupied for over 10 years. Same tenants. Currently rented below market value and there has not been an increase since 2012. Great opportunity with this property to refresh and increase rental rates. Unit A Rental Rate $567/month Unit B Rental Rate $600/month. ***NOTICE: NO SHOWINGS OR VIEWINGS OF THIS PROPERTY UNTIL AFTER A CONTRACT IS ACCEPTED TO RESPECT CURRENT TENANTS.*** Contract to be contingent upon Buyer being satisfied with the property after having the ability to view and inspect the interior and exterior. Please DO NOT disturb tenants, do not knock on the doors, do not walk on or around the property. Drive by on public street only until a contract is accepted.

Home Facts

Multi-Family

2 Baths

4 Bedrooms

Built in 1988

Price Summary

89,000

$45 per Sq. Ft.

MLS #:

4054124

Sold:

November 10, 2023


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,972 Sq. Ft.


Structure

Structure

Building Area:

1,972 Sq. Ft.

Year Built:

1988


Lot

Lot Size (Sq. Ft):

6,969


Finances & Disclosures

Finances

Price:

$89,000

Price per Sq. Ft:

$45 per Sq. Ft.

Source:MS UNITED
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