607 Arrowhead Drive, Jackson, MS 39216
Local realty services provided by:Better Homes and Gardens Real Estate Traditions
Listed by:cecilia bullock
Office:charlotte smith real estate
MLS#:4124678
Source:MS_UNITED
Price summary
- Price:$160,000
- Price per sq. ft.:$69.66
About this home
Excellent investment property in the highly desirable Fondren area! This triplex has been a popular rental for decades. It is located on a quiet street in one of Fondren's favorite neighborhoods. Unit A and Unit B each have 2 bedrooms, 1 bathroom, a living room, kitchen, and laundry hookups. The rear unit is an efficiency floorplan with a kitchen and laundry hookup. PLEASE SEE FLOORPLAN SKETCH in the photos section. The property has been owned by long-term MS investors who are retiring. The property is in need of an extensive renovation. After the property was vacated, the seller spent $12K on mold remediation and removal of damaged drywall and flooring (remediation documents will be provided). The seller decided to sell the property in as-is condition at a price that would allow investors to complete the renovation project to their specifications. When it was last leased, the property generated a gross monthly income of $2750 from all 3 units. Units B and C are metered together so the landlord paid those utilities; Unit A paid its own. This is a great opportunity to create 3 splendid market-rate rentals on one of the sweetest streets in beautiful Fondren with a potential of a combined monthly rental of around $3400 - 3800.
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Home facts
- Year built:1948
- Listing ID #:4124678
- Added:1 day(s) ago
- Updated:September 05, 2025 at 11:09 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Living area:2,297 sq. ft.
Heating and cooling
- Cooling:Central Air, Wall/Window Unit(s)
- Heating:Central
Structure and exterior
- Year built:1948
- Building area:2,297 sq. ft.
- Lot area:0.25 Acres
Schools
- High school:Murrah
- Middle school:Bailey APAC
- Elementary school:Boyd
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$160,000
- Price per sq. ft.:$69.66
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