1509 Washington St - Apartments FOR SALE


Vicksburg, MS 39180
$1,050,000 USD
601-456-9625
1509 Washington St, Vicksburg, MS for Sale
$1,050,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

1509 Washington St
Vicksburg, MS 39180


HIGHLIGHTS

  • Residents have access to a large and beautifully decorated shared social space, an outdoor patio space, fitness center, and covered off street parking

OVERVIEW

Investment Opportunity in historic downtown Vicksburg! The historic Sears Quarters property circa 1900 has been beautifully updated with modern amenities, but maintains its charm and is a great turnkey investment. The lower street level space is expansive and could host a variety of businesses including a restaurant bistro or retail store with its display windows, kitchen area, and restrooms. On the upper levels, there are a total of 8 fully furnished residential units. Seven of the units have 2 bedrooms and 2 baths and the 8th unit has 1 bedroom and 1 and a half bath with a study. High ceilings and plenty of natural light throughout create an airy and open environment add to the contemporary and stylish living experience. Residents have access to a large and beautifully decorated shared social space, an outdoor patio space, fitness center, and covered off street parking. This location is ideal for shopping and restaurants and greatly sought after by locals and visitors alike. Don't miss this incredible opportunity. Call today to schedule a private showing.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$58 USD /SF

# OF UNITS

8

PRICE/UNIT

$131,250

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sears Quarters

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

c3

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Julie Patton JohnsonJulie Patton JohnsonMore Info
601-456-9625

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Julie Patton JohnsonJulie Patton JohnsonMore Info
601-456-9625

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.