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1015 W Pine St, Hattiesburg, MS 39401

Hattiesburg
Local realty services provided by:CENTURY 21 Eric Enterprises Incorporated
1015 W Pine St,Hattiesburg, MS 39401
$2,000,000
Virtual Tour
  • - Beds
  • - Baths
  • 19,500 sq. ft.
  • Multi-family
  • Active
Listed by: paulette egler
Office: realtycom, llc.
MLS#:187941
Source:MS_PRBR

Price summary

  • Price:$2,000,000
  • Price per sq. ft.:$102.56

About this home

This 32-unit complex will be an excellent addition to your investment portfolio. 12 units have been under a corporate contract for the past 6 years, contributing to income stability. Several other upside features include location in a progressive college town, within City limits & everything metro living has to offer; historical occupancy rate of 90% or higher; same Owner for the past 6 years; room for rent increases. ** (12) 1 BR/1 Bath units & (20) 2 BR/1 Bath units. Ongoing maintenance includes replacement of 14 hot water heaters, 9 central AC units & more. ** Gross Income, Rent Rolls, Total Operating Expenses & Cap Rate are available to qualified Buyers. Owners have numbers to substantiate Trailing NOI as well as Stabilized NOI. ** Buyer/Investor must be pre-qualified for showing appointments. No Owner Financing. This is an ongoing business property so please do not reach out to Tenants. Let's talk! ** 55-min drive from Picayune & 40 minutes from Poplarville.

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Home facts

  • Year built:1972
  • Listing ID #:187941
  • Added:1 day(s) ago
  • Updated:June 06, 2026 at 12:49 AM

Rooms and interior

  • Kitchen Description:Refrigerator
  • Living area:19,500 sq. ft.

Structure and exterior

  • Roof:Asbestos Shingle, Metal
  • Year built:1972
  • Building area:19,500 sq. ft.
  • Lot area:1 Acres
  • Construction Materials:Brick
  • Levels:2 Story

Schools

  • Middle school:Other

Utilities

  • Water:Central

Finances and disclosures

  • Price:$2,000,000
  • Price per sq. ft.:$102.56
  • Tax amount:$12,530 (2025)

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