501 Bay St., Hattiesburg, MS 39401
501 Bay St., Hattiesburg, MS 39401
501 Bay St., Hattiesburg, MS 39401
501 Bay St., Hattiesburg, MS 39401
501 Bay St., Hattiesburg, MS 39401
501 Bay St., Hattiesburg, MS 39401
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Listed by Charles M. Dawe • Keller Williams
$ 549,500
Est. payment | /mo

4 Beds

3 Baths

3,522 SqFt


Save
$ 549,500
Est. payment | /mo
Save

4 Beds

3 Baths

3,522 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,522 sqft

Price per Sqft $156

Subdivision Kamper & Whinery

MLS Listing ID 148970

Bedrooms 4

Full Baths 3

Year Built 1910

Annual Tax Amount $6,301

Tax Year 6301

Lot Dimensions 75 x 170

Property Sub-Type Single Family Residence

Source Hattiesburg Area Association of REALTORS®

Property Description

Live in a piece of history, rent out the rest, or run it all as an income property. 501 Bay Street is a 1910 Colonial Revival in Hattiesburg's Historic District with a turnkey carriage house apartment and two short-term-rental rooms in the main home. Over the last 12 months, the property generated about $53,800 in gross rental income through Airbnb and VRBO, roughly $4,500 a month before expenses. Income history is available on request.

Three ways to own it:
• Investors: Keep the short-term rental setup, or lease the carriage house long term for steadier income.
• Owner-occupants: Live in the main home and let the carriage house and rental rooms help cover the mortgage.
• Your own private estate: Take back the rooms and use the carriage house for guests, family, or a home office.

The carriage house: This gorgeously updated apartment has a full bath and kitchenette and is ready to rent today, short term or long term. It also works as a mother-in-law suite or a college student rental.

The main home: Built in 1910 by the Jeff Cook family, this contributing property in the National Register district was a filming location for Don't Look Back: The Story of Leroy 'Satchel' Paige. The wide wraparound porch has Ionic columns, spindle railings, and a beadboard ceiling, and the 3,500+ sq ft home sits on a corner lot with deep roof overhangs and oversized windows.
Inside you'll find original hardwood floors, substantial wood trim, and an open foyer with a wooden staircase. A handcrafted archway with fretwork and slender columns leads to the formal living room, with a second living room behind it. Six fireplaces with original mantels and tilework carry the detail from room to room. The kitchen has white cabinetry to the ceiling, pendant lighting, and a peninsula open to the dining area, which has wainscoting and interior shutters.
There is one downstairs bedroom and three upstairs bedrooms, each with a fireplace, plus three full baths. The upstairs primary suite has a walk-in closet, a jetted tub, and a separate shower. Another bath has a clawfoot tub and beadboard wainscoting. Two staircases connect the floors, and the laundry room is upstairs.
Outside, the covered rear porch overlooks the fenced backyard and a newly installed pond with rock edging, aquatic plants, and palms. Stone pathways, a patio, and a detached outbuilding complete the property.
Historic charm, flexible income, and a location close to [downtown/USM/dining]. Schedule your private viewing today!

Location

State MS

County Forrest

Community Kamper & Whinery

Interior

Interior Features Granite Counters, Ceiling Fan(s)

Cooling Central Air

Flooring Wood, Ceramic Tile

Exterior

Exterior Feature Other

Parking Features None, Detached Garage

Roof Type Architectural

Garage false

Building

Lot Description Subdivision

Foundation Raised

Sewer Public Sewer

Water Public

Structure Type Wood Siding

Schools

High Schools City Of Hattiesburg

NEARBY SCHOOLS & PROPERTIES

Lauren Bynum

"We're your ally in the home buying and selling process in the Pine Belt. Contact us to learn the two-agent advantage!"
- Lauren  

+1(601) 466-2605

lbynumhomes@gmail.com

409 W Oak Street, Ste 202, Laurel, United States

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501 Bay St.