




74-104 Tom Bayne St, West Pt, MS, 39773
About This Home
74-104 Tom Bayne St - West Point, MS 6 Standalone Rental Homes | Strong Cash Flow | Value-Add Opportunity Rare opportunity to own a 6-unit multifamily property consisting of six individual single-family homes on one parcel. This unique setup offers strong tenant appeal with the privacy of standalone houses while providing the efficiency of multifamily ownership. The property is currently producing $3,565 per month ($42,780 annually) in gross rental income, with significant upside potential. Four units offer value-add opportunity through updates and market rent adjustments, with projected gross income potential of approximately $4,770 per month ($57,240 annually) once stabilized. At the current asking price of $399,999, this asset offers an attractive gross return profile with built-in upside. Investors have the opportunity to increase revenue through strategic improvements while benefiting from diversified income across six separate homes. Property Highlights: " Six standalone residential rental units " Strong in-place income " Significant upside through renovations " Diversified tenant risk across multiple homes " Ideal for long-term buy-and-hold strategy " Located near schools, downtown amenities, and major access routes This property is well-positioned to meet continued rental demand in the area and offers flexibility for both seasoned investors and those looking to expand their portfolio. Opportunities featuring multiple standalone homes on a single parcel are uncommon in this market. Explore the income potential this property offers.
Getting Around
Schools
Construction
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Heating & Cooling
- Heating features: Central,Natural Gas
- Cooling features: Central Air,Gas
Interior Area
- Total structure area: 4,704
- Total interior livable area: 4,704 sqft
Property
Details
- Parcel number: 083C314D 0240000
Lot
- Lot size: 1.75 Acres
- Lot size dimensions: 173 x 440
Parking
- Parking features: None
