$349,900
$349,900
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101 5th Avenue Magee, MS 39111
2 Beds
1 Bath
3,294 SqFt
Key Details
Sold Price $349,900
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,294 sqft
Price per Sqft $106
Subdivision Metes And Bounds
MLS Listing ID 4153554
Sold Date 08/17/26
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
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Information is deemed to be reliable but not guaranteed. Copyright © 2026 MLS United, LLC.
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