101 5th Avenue, Magee, MS 39111
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$ 349,900
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Pending

101 5th Avenue Magee, MS 39111

2 Beds

1 Bath

3,294 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 3,294 sqft

Price per Sqft $106

Subdivision Metes And Bounds

MLS Listing ID 4153554

Bedrooms 2

Full Baths 1

Year Built 1970

Annual Tax Amount $3,544

Lot Size 0.340 Acres

Acres 0.34

Source MLS United

Property Description

Excellent investment opportunity in the heart of Magee! This well-maintained 4-unit multifamily property is 100% occupied and producing immediate income with a gross monthly rental income of approximately $2,900. Featuring a durable metal roof and low-maintenance exterior, this property offers strong cash flow potential with reduced ownership expenses.Conveniently located adjacent to Magee schools and close to shopping, dining, and everyday amenities, the property benefits from consistent rental demand and a solid tenant history. Each unit offers functional living space, dedicated parking, and easy access, making this an attractive option for both tenants and investors.Whether you're looking to expand your investment portfolio or acquire a turnkey income-producing asset, this fully occupied four-plex presents a rare opportunity to own a stable, cash-flowing property in a desirable location. Don't miss your chance to secure this proven income-producing investment in one of Magee's established residential areas.

Location

State MS

County Simpson

Interior

Heating Central

Cooling Electric

Fireplaces Type Outside

Furnishings No

Exterior

Exterior Feature None

Parking Features Parking Pad

Utilities Available Electricity Connected, Water Connected

Waterfront Description None

Roof Type Metal

Porch None

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 4069n0002303500


MLS United(Mississippi)
Listed by E Speed Realty

Schools Near

Amy Lewis

Amy Lewis

Rêve | Realtor | License ID: 995714067

+1(504) 203-7122

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101 5th Avenue