141 W 5th St, Hattiesburg, MS 39401
- $259,500
- 4
- BD
- 1,890
- SqFt
- List Price
- $259,500
- MLS#
- 2571167
- Status
- ACTIVE
- Type
- Multifamily
- Style
- Craftsman
- Stories
- 1
- Bedrooms
- 4
- Acres
- 0.10
- Living Area
- 1,890
- Parish
- Forrest
Property Description
A Turnkey Duplex Investment in the Heart of the North Main Historic District Let me tell you why this one is different from the stack of "investment opportunities" you've probably been scrolling through. This isn't a spreadsheet promise — it's a duplex that's already doing the work. Right now, today, this property is generating over $3,000 a month in combined revenue, and it's set up so you can step into ownership without missing a beat. Two sides, two bedrooms, two bathrooms each — mirror images of comfortable, well-proportioned living space. The right side is home to a long-term tenant who's already in place. That's instant, predictable cash flow from day one. The left side is your income multiplier. It's currently operating as a well-performing Airbnb, which means you're not locked into a single flat rental number. Here's the part that really makes this deal sing: you're sitting in the North Main Historic District, minutes from the absolute heart of downtown Hattiesburg. Picture your guests' Friday night: a short walk down to Bourbon on Front or Trattoria Pizzeria, and if it's spring or fall, they're catching Live at Five at Town Square Park with local bands, food trucks, and the kind of small-town energy people specifically travel for. Saturday morning? Coffee and bagels at Southbound Bagel and Coffee Shop, then wandering the aisles of The Lucky Rabbit. From there, it's a short stroll past the antique shops and galleries lining Main Street, with the beautifully restored Saenger Theater anchoring the whole district. Immediate income — over $3,000/month already flowing in, no ramp-up required Built-in stability — a long-term tenant anchoring half the property Built-in upside — an established, proven Airbnb on the other half A location that sells itself — walkable to the restaurants, theater, shops, and events that make downtown Hattiesburg a genuine destination.
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Additional Information
- Exterior Features
- Fence, Porch
- Roof
- Shingle
- Sewer
- Public Sewer
- Water
- Public
- Pool Description
- None
- Heating
- Central
- Cooling
- Central Air
Mortgage Calculator
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