Active

Pecan Grove Drive

Magee, MS 39111

$2,250,000 $9,486/Mo

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Overview

Bed

Bath

16.10

Acres(Lot)

Description

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 of 12 spacious 3 bedroom, 2 bath homes 4 comfortable 2 bedroom, 2 bath homes Many 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 i t 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.

Property Details

Property Type : Residential Income

Price : $2,250,000

AD Id : 65333691

MLS Id : 4116202

Beds : 44

Lot Size : 16.10 Acres

Year Built : 2008

County : Simpson

Subdivision: Metes And Bounds

Map

Features

Bedroom Information

Total beds: 44

Bathroom Information

Total Baths: 32 Full Baths: 32
Flooring Information

Other
Roofing Information

Shingle
Interior Features

Roof: Shingle
Heating & Cooling

Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: Central Air

Building Information

Year Built: 2008 Building Area Total: 16000 Construction Materials: Other Stories: 1 Private Pool: No
Exterior Features

Exterior Features: Outdoor Grill, Private Yard

Lot Information

Main Square Feet: 16.1 Acres Lot Size Acres: 16.1 Lot Size Square Feet: 701316 Lot Description: Few Trees, Landscaped

Property Information

Subdivision: Pecan Grove Source Property Type: Residential Income Levels: One Property Age: 18

Listing Price Information

Listing Price: $2250000 Original Price: $2500000 Cash, Conventional

Tax Information

Parcel Number: 1-1917-02-00000-000-01303 Tax Year: 2024 Annual Tax: $15000 Tax Legal Desc: 16.1 AC PT SE1/4 W/O RD SEC 2-10-18 DB 977-411 95

Parking Information

Carport, Concrete

Utility Information

Cable Available, Electricity Connected
Location Information

Direction: Take Highway 49 to Magee, MS. WaterSource: Public

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