373 S Smith Mill Rd, Caledonia, MS 39740

The Lowndes 4 is a 4-acre investment opportunity in Lowndes County, MS, anchored by a 3,232 sq. ft. renovation-ready home within the highly-regarded Caledonia School District. This property is strategically positioned for value-add investors or those seeking a multi-use homestead, bolstered by unique outbuildings and flexible financing. Key Property HighlightsMain Residence: A sprawling 3,232A± sq. ft. layout (built in 1989) featuring four bedrooms and two bathrooms. It is sold "as is," serving as a blank canvas for a complete modern transformation. Income Potential: Includes a detached four-stall garage featuring a 1-bedroom, 1-bathroom apartment. This secondary unit is ideal for immediate rental income, a guest suite, or a private home office while the main house is under renovation. Infrastructure & Storage: An RV-sized pole barn provides substantial utility for heavy equipment, boats, or agricultural storage, significantly increasing the property's appeal for hobby farmers or outdoor enthusiasts. Desirable Location: Situated in a growing area of Lowndes County known for its "Southern hospitality" and historic charm. It offers the peace of rural living while remaining accessible to local amenities in Caledonia. Investment & Lifestyle PotentialEquity Opportunity: The combination of a top-tier school district and a "fixer-upper" status allows buyers to build significant sweat equity. Multi-Use Homestead: The 4-acre lot size is ideal for small-scale farming, housing livestock like chickens or goats, or establishing large vegetable gardens and orchards. Flexible Terms: The availability of seller financing lowers the barrier to entry for investors who may prefer non-traditional lending routes to secure a project quickly.