581 Center Ave Philadelphia, MS 39350

This exceptional investment opportunity presents a six-unit brick apartment complex located at 581 Center, Philadelphia, Mississippi. The property boasts a substantial 11.6 acres of land and a total of 4,774 square feet of living space. Currently operating at 100% occupancy, each of the six units generates a monthly rental income of $900, resulting in a total monthly revenue of $5,400. Recent upgrades enhance the property's value and appeal to tenants. These improvements include fresh paint throughout all units, the installation of durable vinyl lock-and-fold flooring, and a new metal roof, ensuring long-term durability and reduced maintenance costs. The property's strong rental income, coupled with its recent renovations and ample land, makes it an attractive investment for both seasoned and aspiring real estate investors seeking a stable and profitable venture in a desirable location. The substantial lot size offers potential for future expansion or development, adding further value to this already impressive property. This turnkey operation requires minimal management and offers immediate cash flow. The property is offered at $499,000.