5420 28th St, Gulfport, MS 39501 Gulfport, MS 39501
Single Family Attached
MLS #: 4150839
Courtesy Of Coldwell Banker Alfonso Realty, Inc.
Property InformationDescription
Rare investment opportunity directly across from the north entrance of Naval Construction Battalion Center (NCBC) Gulfport - one of the Gulf Coast's most reliable demand drivers for residential rentals. This 13-unit mixed-use income portfolio spans two adjacent parcels (5400 & 5420 28th St) and includes twelve 2-bedroom/1-bath units and one 1-bedroom studio, generating $8,700/month ($104,400/year) in current gross rents. Property further features a vacant 600 SF commercial space and a non-operating on-site laundry facility - both representing immediate, untapped income streams for a new owner. Current rents run well below Gulfport market rates of $850-$1,100+/month for 2-bedroom units, offering a clear value-add path through natural lease turnover with no forced displacement. Bring the commercial space online, restore the laundry, and stabilized gross income potential approaches $13,100+/month. Combined annual property taxes on both parcels total just $6,456. Water and dumpster service are owner-paid and documented. Ideal for a 1031 exchange buyer, regional multifamily operator, or value-add investor. Zoned commercial/multifamily. Do not disturb tenants - showings by appointment only. All information deemed reliable but not guaranteed; buyer to verify all data.
Features
- Age: 41-50 Years Old
- Architecture Style: Other
- MLSID: 4150839
- Rooms: Bedroom 10
- Rooms: Bedroom 21
- Rooms: Bedroom 20
- Rooms: Bedroom 14
- Rooms: Bedroom 24
- Rooms: Bedroom 13
- Rooms: Bedroom 23
- Rooms: Bedroom 12
- Rooms: Bedroom 11
- Rooms: Bedroom 22
- Rooms: Bedroom 18
- Rooms: Bedroom 17
- Rooms: Bedroom 16
- Rooms: Bedroom 15
- Rooms: Bedroom 3
- Rooms: Bedroom 2
- Rooms: Bedroom 1
- Rooms: Bedroom 19
- Rooms: Bedroom 7
- Rooms: Bedroom 6
- Rooms: Bedroom 5
- Rooms: Bedroom 4
- Rooms: Bedroom 9
- Rooms: Bedroom 8
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