$55,000
$55,000
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205 Brookfield Drive Ridgeland, MS 39157
3 Beds
2 Baths
1,464 SqFt
Key Details
Sold Price $55,000
Property Type Single Family Home, Multi-Family
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,464 sqft
Price per Sqft $37
Subdivision Brookfield
MLS Listing ID 4053501
Style Traditional
Bedrooms 3
Full Baths 2
Year Built 1985
Annual Tax Amount $1,030
Lot Size 0.370 Acres
Property Sub-Type Single Family Residence
Property Description
Discover a unique investment opportunity at 205 Brookfield Dr, Ridgeland, MS 39157. This property presents an exceptional chance for the astute investor to turn a challenging situation into a profitable venture. While the home has experienced fire damage, its strategic location, and the potential for redevelopment make it a promising prospect for those seeking to capitalize on the real estate market.
Property Highlights:
Prime Location: Situated in the desirable area of Ridgeland, this property is surrounded by well-established neighborhoods, schools, and amenities, making it an attractive choice for potential buyers in the future.
Engineer's Option Included: With the listing, we offer an engineer's assessment, providing invaluable insights into the property's structural integrity, repair options, and redevelopment potential. This ensures that any future plans align with safety standards and building codes.
Privacy and Security: The safety of the premises is of utmost importance. For the protection of both potential buyers and the property itself, access to the site is restricted. Rest assured that no one will be allowed to enter the property without proper authorization, ensuring a safe viewing experience for everyone involved.
Potential for Profit: Renowned for its strong real estate market, Ridgeland offers immense potential for capital growth and rental demand. With careful planning and vision, this property can be transformed into a valuable asset, providing long-term returns for the savvy investor.
Limitless Possibilities: The fire damage presents a blank canvas, allowing for creative development and innovative designs. Whether it's renovating the existing structure or building anew, the possibilities are only limited by your imagination.
This is a rare chance to enter the lucrative real estate market of Ridgeland, with the added benefit of purchasing at a potentially reduced price due to the property's current condition. Don't miss out on this extraordinary investment opportunity at 205 Brookfield Dr. Act now and seize the potential for substantial returns on your investment.
Note: For safety and security reasons, access to the property is restricted. Please contact us to arrange a guided viewing and receive the engineer's assessment for a more informed decision-making process.
Location
State MS
County Madison
Interior
Heating None
Cooling Central Air
Exterior
Exterior Feature None
Garage Spaces 2.0
Utilities Available Cable Available, Electricity Available
Roof Type Other
Building
Lot Description City Lot
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type None
New Construction No
Schools
Elementary Schools Ann Smith
Middle Schools Olde Towne
High Schools Ridgeland
Others
Acceptable Financing 1031 Exchange, Cash
Listing Terms 1031 Exchange, Cash
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