**NEW ROOF INSTALLED MARCH 2024** 10-unit income-producing property located in the heart of Gulfport. This well-maintained concrete block multifamily has huge upside potential with current rents below market. Comprised of (1)Studio with Murphy bed and full bath with tub and shower, (7)1 bedroom/1 bath units, (1)2 bedroom/1.5 bath with washer and dryer, and (1)2 bedroom/2 bath unit with washer and dryer. Month-to-month leases allow the buyer to add value by simply stabilizing rents. Units are individually metered with each tenant paying for their electricity. The owner currently pays water/sewer/garbage. First-class walkability. All of the action of Gulfport’s beautiful waterfront and downtown shops, restaurants, and bars are steps from Gulfport Palms Apartments.
*DO NOT DISTURB TENANTS*DO NOT WALK PROPERTY*