Low-maintenance brick constructionAmple parkingSpacious lotDurable metal roofMature shade trees
Exceptional investment opportunity in Magee, Mississippi! This income-producing property features a well-maintained apartment complex consisting of four (4) one-bedroom units and one (1) two-bedroom unit, along with an additional single-wide mobile home, providing a diversified rental income stream. Currently generating approximately $3,900 per month ($46,800 annually) in gross rental income, this property offers immediate cash flow and strong long-term investment potential.The apartment units feature low-maintenance brick construction with a durable metal roof, while the included mobile home adds additional income and flexibility. Situated on a spacious lot with mature shade trees and ample parking, the property is conveniently located near local schools, shopping, and employment centers.With full occupancy potential, multiple income sources, and limited multifamily inventory in the Magee market, this property presents an outstanding opportunity for investors seeking stable returns, portfolio growth, and long-term appreciation. Whether you're a seasoned investor or looking to expand your rental holdings, this turnkey income-producing property is one you won't want to miss.Shown by appointment only. Tenant rights apply.
51 days
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6
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0
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Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Kimberly D Walker601-273-2180,
E Speed Realty601-988-5974,
Olivia J Adams601-818-8377
Source: MLS United,MLS#: 4153557
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 6
Full bathrooms: 6
Heating
Central
Cooling
Central Air
Interior area
Total structure area: 4,170
Total interior livable area: 4,170 sqft
Property
Parking
Total spaces: 6
Parking features: Paved
Features
Levels: One
Stories: 1
Exterior features: None
Waterfront features: None
Lot
Size: 0.26 Acres
Details
Parcel number: 4057q000220000308400
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Brick
Foundation: Slab
Roof: Metal
Condition
New construction: No
Year built: 1970
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Water Connected
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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