437 Webster St - Apartments FOR SALE


Bay Saint Louis, MS 39520
$1,599,000 USD
228-342-4012
437 Webster St, Bay Saint Louis, MS for Sale
$1,599,000 USD
Apartments - FOR SALE
1/47
null | Request Cap Rate

437 Webster St
Bay Saint Louis, MS 39520


OVERVIEW

Magnolia Suites Vacation Rentals is a One of a Kind Property Nestled Near Old Town Bay St. Louis, Mississippi Gulf Coast Beaches, Casinos, an Arnold Palmer Designed Golf Course, Entertainment, Festivals, Fun & More. This Multi-Unit Property Consists of 3 Single Residence Units, a 2 Car Garage and Workshop and Covered Boat or RV Parking w/ Hookups. Units A & B of the 2 Story Duplex Mimic Each Other in Their Floor Plan. Each Unit Has 2 Bedrooms and 2 Bathrooms w/ the Master Bedroom Having An En-Suite. These Units Sleep a Total of 4 Guests Each (No Sofa Bed). The Half Glass Fronts Doors Allow Tons of Natural Light to Flow Throughout the Open Concept Living and Kitchen Areas. Each Unit is Complete with Its Own Self Contained Laundry Area, All Electric Appliances, Central Heat & Air, Separate On Demand Hot Water Heaters, a Metal Roof and It's Own Driveway for Off Street Parking. Units A & B of the Duplex Each Come Completely Furnished with All of the Furniture (Inside & Outside) and Furnishings. Across the Lawn, The Upstairs Carriage House Is Complete with 30 ft Deep x 12 ft Wide Covered Carport Parking, 2 Bedrooms and 2 Bathrooms, Including the Master En-Suite and It's Own Private Laundry. You and Your Guests Will Enjoy the Open Concept Living Between the Kitchen & Main Room. This Unit Has Lots of Natural Bright Light Making the Space Live Large. The Carriage House Comes Completely Furnished with All of the Furniture and Furnishings and Sleeps 6. *Please Note that the Carriage House Sofa & Love Seat Are Different than in the Pictures But a Little Newer & Little Nicer. The Carriage House Also Has Operable Wood Shutters and A Large Private Driveway For Off Street Parking. Not Included in the Heated & Cooled Sq Footage is the 1250 Sq Ft 2 Car Garage & Workshop Located under the Carriage House. This Space Includes a Half Bath & 2 Separate Rooms, One For Cars and One For A Private Workshop w/ a Roll Up Door. You'll Enjoy Having 6 -140 psi Built in High Pressure Air Hose Connections For Convenience, Commercial Coated Epoxy Garage & Workshop Floors, Attached Custom Shelving & Workbench, A Custom Built 14 Fishing Rod Holder, 2 Lift Master Garage Door Openers, 2 Retractable Extension Cord Set-Ups at Ceilings and a Roll-Up Wind Rated Workshop Door w/ Slab Extension Outside of Door. Need Space For Outdoor Toys? Also Connected To The Carriage House Is A 40 ft Deep x 14 ft Wide RV/Boat Concrete Slab Parking Area w/ a 50 Amp Hookup. Other Features of the Property Include: Partially Fenced Yard w/ 6' Privacy Fence, Exterior Security Lighting Timer Controlled & Quickset Keyless Entry at All Doors. Of Note, The Garage Can Be Converted to Add More Living/ Bedroom Space to the Carriage House. Property Has Enough Room For a Shared For All Units or A Private Pool Behind One of the Units. Property Cannot Be Divided. Besides All of the Interior & Exterior Furniture & Furnishings, Included in the Sale is the Magnolia Suites Vacation Rental Company Name, All Social Media & Branding, Business Logo, Business Website, Signage, Future Bookings & Camera System. Please Note That Not All Showing Requests Can Be Honored As Owner Will Not Disturb Vacationing Guests Stay. Prospective Buyers May Only Be Able to Partially View the Property.

FOR SALE DETAILS

PRICE

$1,599,000 USD

PRICE/SF

$502 USD /SF

# OF UNITS

3

PRICE/UNIT

$533,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2022

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,731 SF

ZONING

R-3

APN/PARCEL ID

149E-0-29-009.000

ASK ABOUT THIS PROPERTY

Katy AimeNavigator Real EstateMore Info
228-342-4012

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Katy AimeNavigator Real EstateMore Info
228-342-4012

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