508 E Main St.Lumberton, MS 39455

Description

VALUE-ADD / HEAVY REHAB OPPORTUNITY - Triplex in Lumberton! Investor special located on a corner lot on the main road in the heart of Lumberton. While the property will require significant repairs and renovation before it's rent-ready, it is structurally in great shape, making it an excellent candidate for a full rehab and long-term cash flow. At just 55k, this is a chance to pick up a multi-unit property at an entry-level price point and build equity through improvements ideal for experienced investors, contractors, or anyone looking for their next value-add project. As an added benefit, there's an option to purchase the neighboring lot as well, giving you added flexibility for extra parking, outdoor space, storage, or future expansion (buyer to verify feasibility and zoning). Bring your vision, your crew, and your plan—this one is all about the potential.

Property Information

Property type

Residential Income

Sub-type

Triplex

Year built

1965

Living area

2,174 Sq Ft

Lot dimensions

.22 Acres

Parking spaces

1

Days on market

285

MLS^® Listing#

145260

Property Features

Cooling

Central Air

Heating

Central · Electric

Flooring

Laminate

Construction

Block

Community

None

Sewer

Public Sewer

Water source

Public

Financial Details

Annual taxes

$410

Parcel number

013D-06-010.000