Furnished duplex located just outside the division street gate. Great location for TDY rentals. Not currently permitted for STR but could request. stops just short of this complex. This duplex is made up of 2 bedroom 1.5 bath townhome on each side. Side B is rented currently.
Introducing Scherer House (Spanish House), a luxury income-producing multi-unit property offering turnkey Airbnb opportunities in the heart of Downtown Biloxi's sought-after Golf Cart District. Originally constructed in the 1700's, this historical gem has been meticulously renovated from top to bottom, blending timeless charm with modern luxury. Key Features - LUXURY MULTI-UNIT PROPERTY: Fully furnished, each unit boasts modern interiors with quartz countertops, high-end appliances, and stackable washers/dryers. MODERNIZED INFRASTRUCTURE: Updated to 2021 commercial fire and building codes, new certificate of occupancy, including new electrical, HVAC systems, roofing, flooring, and sound suppression systems in walls and floors. STATE-OF-THE-ART SECURITY: Equipped with a 360 degree HD camera system and digital locks for tenant safety and peace of mind. ARCHITECTURAL HIGHLIGHTS: Features include iron staircase, four fireplaces, code-compliant windows, and thoughtful restoration of historic details. PRIME LOCATION: Situated within walking distance of Iconic Gulf Coast restaurants like Mary Mahoney's, nightlife and entertainment at Hard Rock Casino and Beau Rivage, MGM Park for professional baseball and concerts, pristine beaches and the vibrant Ground Zero Nightclub. INVESTMENT POTENTIAL: TURNKEY INCOME: Seamless tenant flow with proven Airbnb success. EXPANSION OPPORTUNITIES: Potential to add additional units on the rear of the property for increased financial incentives. CORPORATE RENTAL POTENTIAL: Ideal for conversion to long-term corporate rentals. A UNIQUE OPPORTUNITY. With its unbeatable combination of historical significance, luxury amenities, and development potential, 782 Water Street represents an unparalleled investment opportunity. Whether you're expanding your portfolio, seeking a high-return 1031 exchange, or envisioning a corporate rental hub, the possibilities are endless. Schedule your tour today to explore this one-of-a-kind property and secure your place in Biloxi's thriving market.
CALLING ALL INVESTORS WHO ARE LOOKING FOR THEIR NEXT DUPLEX TO ADD TO THEIR RENTAL PORTFOLIO!This is a ''one of a kind'' property that rarely hits the market in Biloxi. Just off of Howard Ave and one street west of Seal Ave, you will find this precious 1940'a cottage styled duplex at the end of Oak Grove Place, which is a dead end street with gulf views.Although this property is currently gutted and ready for a re-hab, the current owner has done a lot of pre-work that sets up a new owner for success; with the current architectural design providing 1 bedroom and 1 full bath with high ceilings and fireplace in the living room {see image for current future floor plan}. New windows have been installed, the foundation has been re-shored, new floor decking laid, and studs for framing out the 2 units has begun. Due to it's location, the property also qualifies for the Biloxi Main Street Downtown Housing Incentive which could provide $25,000 PER UNIT {ask for application/details on file}. Upon approval, this grant could be super helpful in finishing this amazing duplex that has endless possibilities for future equity as downtown Biloxi continues to grow and thrive! With an estimated $80k to complete the remodel, you can expect an estimated return to value of $300k to $350k; with rental units that could possibly collect up to $1650/month in rent . . . OR ; you can live in one side, and also have an income producing unit next to you! THIS IS AN OPPORTUNITY THAT YOU DO NOT WANT TO MISS! DON'T WAIT; SCHEDULE YOUR TOUR TODAY!
Great furnished duplex rental. Both sides are included in sale. Furnished. Right outside gate makes it a perfect military rental or if you want to make one side your home and rent the other.
Andrea D. Conner, License 22561, Xome Inc., License 21183, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
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Biloxi is located in Mississippi. Biloxi, Mississippi has a population of 49,061. Biloxi is more family-centric than the surrounding county with 29.12% of the households containing married families with children. The county average for households married with children is 27.37%.
The median household income in Biloxi, Mississippi is $51,289. The median household income for the surrounding county is $51,590 compared to the national median of $69,021. The median age of people living in Biloxi is 35.9 years.
The average high temperature in July is 90.3 degrees, with an average low temperature in January of 42.2 degrees. The average rainfall is approximately 64.7 inches per year, with 0.2 inches of snow per year.
