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411 Court Street

Vaiden, MS 39176

$1,500,000 $6,324/Mo

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Overview

Bed

Bath

Acres(Lot)

Description

Well-maintained 28-unit Project-Based Section 8 multifamily community located at 411 Court Street, Vaiden, MS. The property is 95% occupied and benefits from a long-term HUD HAP contract in place through 2036, providing stable, government-backed income. Built in 1981, the asset spans approximately 21,926 SF on ±3.44 acres and is zoned R-4 Multifamily. Positioned in the county seat of Carroll County with convenient access to Highway 51 and Highway 35, and supported by nearby retail, medical, and educational amenities. Turnkey affordable housing investment with long-term cash flow and future redevelopment or 4%/9% LIHTC potential.

Property Details

Property Type : Residential Income

Price : $1,500,000

AD Id : 72221082

MLS Id : 4135007

Beds : 2

Lot Size : 3 Acres

Year Built : 1981

County : Carroll

Subdivision: Not In Subdivision

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 2

Bathroom Information

Total Baths: 1 Full Baths: 1
Roofing Information

Shingle
Interior Features

Roof: Shingle
Heating & Cooling

Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Central Air

Building Information

Year Built: 1981 Building Area Total: 22561 Construction Materials: Brick, Brick Veneer Stories: 2 Private Pool: No

Lot Information

Main Square Feet: 3 Acres Lot Size Acres: 3 Lot Size Square Feet: 130680

Property Information

Subdivision: Metes And Bounds Source Property Type: Residential Income Levels: Two Property Age: 45

Listing Price Information

Listing Price: $1500000 Cash, Conventional, FHA, USDA Loan, VA Loan

Tax Information

Parcel Number: 123a-23-A-0032000 Tax Year: 2024 Annual Tax: $22837 Tax Legal Desc: PT SE 1/4 NE 1/4

Parking Information

Parking Lot

Utility Information

Cable Available, Electricity Available, Sewer Available, Water Available
Location Information

WaterSource: Public

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