Ridgeland, MS 39157,205 Brookfield Drive
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Ridgeland, MS 39157,205 Brookfield Drive
Ridgeland, MS 39157,205 Brookfield Drive
Ridgeland, MS 39157,205 Brookfield Drive
Ridgeland, MS 39157,205 Brookfield Drive

$55,000

Est. payment /mo

$55,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

205 Brookfield Drive Ridgeland, MS 39157

3 Beds

2 Baths

1,464 SqFt

SOLD DATE : 08/02/2023

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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MLS United(Mississippi)
Listed by Southern Homes Real Estate
agent

Dawn Goolsby

REALTOR® | SS55063

+1(601) 624-3939

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