534 N Forest Drive, Gulfport, MS 39507

$105,000
3
BD
1
BA
1,045
SqFt

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List Price
$105,000
Status
ACTIVE
Days on Market
13
MLS#
4156090
Subtype
Residential
Year Built
1981
Bedrooms
3
Bathrooms
1
Full Baths
1
Living Area
1,045
Lot Size
9,583
Acres
0.22
Subdivision
Sherwood Estates

Property Description

Cash-Flowing Investment on a Large Corner Lot! Situated on a spacious corner lot just off Cowan Lorraine Road, this property puts you minutes from shopping, dining, entertainment, and boating — with the white sand beaches and salty Gulf breezes just a short drive away, all outside the flood zone. The 3-bedroom, 1-bath brick home is currently tenant-occupied at $1,200/month on a lease through May 2027, giving you immediate cash flow with taxes of just $1,274/year. A storage shed/workshop adds extra utility for tools, toys, or hobby space. Buy now as a turnkey rental, then step into your own personal home on the coast when the lease ends. Please allow 24 hours' notice for all showings out of respect for the current tenant.

Additional Information

Taxes
$1,319
Flooring
See Remarks
Stories
One
Roof
Asphalt Shingle, Three tab shingle

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Alfonso Realty-Lorraine Rd.