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Jennifer McKinney

realjennifermckinney@gmail.com +1(562) 458-0505

$334,900

Est. payment - /mo

7 Beds

6 Baths

4,170 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 4,170 sqft

Price per Sqft $80

Subdivision Metes And Bounds

MLS Listing ID 4153557

Bedrooms 7

Full Baths 6

Year Built 1970

Annual Tax Amount $5,044

Lot Size 0.260 Acres

Acres 0.26

Source MLS United

Property Description

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.

Location

State MS

County Simpson

Community Other

Interior

Heating Central

Cooling Central Air

Furnishings No

Exterior

Exterior Feature None

Parking Features Paved

Community Features Other

Utilities Available Electricity Connected, Water Connected

Waterfront Description None

Roof Type Metal

Garage No

Building

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type None

New Construction No

Schools

Elementary Schools Magee

Middle Schools Magee

High Schools Magee

Others

Tax ID 4-057q-00-02200-003-08400

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Listed by E Speed Realty

Nearby School & Business

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Jennifer McKinney

+1(562) 458-0505

Agent | B-S-59981

Agent B-S-59981

801 Goodwater Road Magee, MS 39111

Jennifer McKinney

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

Get More Information