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.
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.
PRICE IMPROVEMENT! Introducing Pecan Grove, a rare multi family investment opportunity featuring 16 well maintained brick homes situated on 16.1 acres of beautifully kept grounds. This income producing property generates approximately $18,000 per month and offers a strong, stable rental portfolio.The community includes a desirable unit mix of12 spacious 3 bedroom, 2 bath homes4 comfortable 2 bedroom, 2 bath homesMany units have been updated with modern appliances, HVAC systems, and fresh interior paint, enhancing both tenant appeal and long term value. The property is professionally maintained with manicured landscaping and consistent upkeep.Ideally located just minutes from town, Pecan Grove combines peaceful surroundings with convenient access to local amenities, making it highly attractive to tenants and investors alike.This is a turnkey investment with immediate cash flow and strong upside potential. Opportunities like this do not come often. Secure your place in a growing rental market today.
Andrea D. Conner, License 22561, Xome Inc., License 21183, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
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Magee is located in Mississippi. Magee, Mississippi has a population of 3,984. Magee is less family-centric than the surrounding county with 17.24% of the households containing married families with children. The county average for households married with children is 29.09%.
The median household income in Magee, Mississippi is $27,045. The median household income for the surrounding county is $43,842 compared to the national median of $69,021. The median age of people living in Magee is 41 years.
The average high temperature in July is 90.8 degrees, with an average low temperature in January of 33 degrees. The average rainfall is approximately 57.6 inches per year, with 0.5 inches of snow per year.
