USAMSJacksonMetes and Bounds1021 Raymond Rd

1021 Raymond Rd, Jackson, MS

House

For Sale

Listed price in listed location currency (USD).

$1,950,000

46460

MLS® 4159019

Overview

Key Facts

Type Multi Family

Levels Residential Income

Size 42124 sqft

Garage

Taxes $4,920

Days Active 11

Lot Size 1.84 Acres

Approx. Age 1967

Avg. Price Per Sqft $46

MLS® Number 4159019

Property Address: 1021 Raymond Rd, Jackson, MS, 39204-4618

Average square foot calculated using Size range provided by listing agent.

Description

Excellent investment opportunity featuring a 46-unit gated apartment community in Jackson on approximately 2 acres. The property includes 16 one-bedroom flats and 30 spacious two-bedroom townhomes, offering strong value-add potential with a portion of the renovation work already completed. The 16 one-bedroom units have been substantially renovated with updated interior. The 30 townhomes provide significant upside for an investor to complete renovations, increase occupancy, and improve overall rental income and property performance. Positioned along one of South Jackson's established rental corridors, the property is conveniently located near Jackson State University, major roadways, employment centers, shopping, and other area amenities. With its combination of renovated units, remaining value-add potential, and attractive price per unit, this property presents an opportunity for an investor to acquire and reposition a sizable multifamily asset with considerable long-term equity and cash-flow potential.

MLS® Number4159019

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1967

Basement

DrivewayParking Lot

Garage Spaces

HeatCentral, Electric, None

A/CCeiling Fan(s), Electric, Other

Extras

Map

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