Gulfport investment opportunity with multiple income streams and strong upside
10517 Huckleberry Cove, Gulfport, MS
This property offers a 3 bedroom 2.5 bath main house along with a separate 1 bedroom 1 bath apartment that currently has a tenant in place. You have the ability to generate income immediately while improving the main house and increasing overall value.
Income potential exceeds $2,000 per month once stabilized
The main house does need work including HVAC replacement and subfloor repairs, which creates an opportunity to buy at the right number and add value through renovations
Why this deal makes sense
• Two units on one property creating multiple income streams
• Existing tenant in place for immediate cash flow
• Strong rental demand in Gulfport
• Opportunity to increase rents after improvements
• Flexible exit strategy for investors or owner occupants
This works well as a long term hold, BRRRR strategy, or someone looking to live in one unit while the other helps offset expenses
Properties like this with additional units and income potential are getting harder to find in this area
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