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$550,000
9 Beds 6 Baths 4157803 MLS
**100 Elizabeth Street | Picayune, Mississippi** **Multifamily Investment Opportunity** This six-unit multifamily property presents an exceptional investment opportunity in the heart of downtown Picayune. Offering stable in-place cash flow, multiple income streams, and immediate upside potential, this asset is well-positioned for investors seeking long-term income and operational flexibility. Property Highlights * Six-unit multifamily property * Three 2-bedroom, 1-bath apartments * Three 1-bedroom, 1-bath apartments * Prime downtown corner location with dual street frontage * Adjoining parcel included for dedicated tenant parking * Municipal utilities * Located in Flood Zone X * Zoned C-2 Downtown Commercial Income-Producing Features * Established rental property with documented operating history * Diversified income through both traditional apartment rentals and an existing furnished corporate rental * Furnished corporate rental has generated income through Airbnb, VRBO, direct bookings, and corporate stays * Furnishings convey with the sale, allowing the next owner to continue operations immediately without additional capital investment * ALL UNITS ARE FULLY LEASED as this property has the Advantage of the property's downtown location which provides convenient access to restaurants, retail, and local businesses, supporting both long-term residential leasing and furnished corporate rental demand. Market conditions indicate low vacancy rates, limited concessions, and strong rental demand, reinforcing the property's stable operating profile. With a balanced unit mix, multiple revenue sources, dedicated off-street parking, and a documented history of income production, this property offers investors a combination of current cash flow and near-term growth potential. Its stabilized operating performance is supported by actual rental income and recurring operating expenses, providing a strong foundation for long-term investment ownership.

100 Elizabeth Street, Picayune

Listing courtesy of Real Broker, LLC..

$575,000
6 Beds 5 Baths 4143984 MLS
This custom built stately 6 bedroom home on a semi-private country road offers space for everyone to do their own thing and room to gather together. Features include a billiards room complete with pool table and a separate entrance; a stunning stone fireplace in the great room; dreamy huge kitchen with beautiful glass front cabinets; kitchen deck overlooking the sandy beaches on the Hobolochitto Creek; formal dining room; music/living room; two bedroom ensuites on Level I; Primary Suite with Sitting room; 2 New HVAC systems; attached garage; mud room/utility entrance; and serene landscaping with a wrought iron fountain. All of this in a quiet country setting less than 2 miles to I-59; one hour to downtown New Orleans and within an hour's drive to 2 International airports.

63 Fritz Whitfield Road, Picayune

Listing courtesy of Compass.

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