581 Ctr Philadelphia, MS 39350
- Specialty properties
- 4,774 SF
Current Use by Public Records
- Specialty properties
Property Details for 581 Ctr
- Property size
- 4,774 SF
- Property type
- Specialty properties
Description
This exceptional investment opportunity presents a six-unit brick apartment complex located at 581 Center, Philadelphia, Mississippi, 39350. The property boasts a total of 4,774 square feet situated on a generous 10,830 square foot lot. Currently, all six units are 100% occupied, generating a stable monthly income of $5,400, with each unit rented at $900 per month. Recent renovations enhance the property's value and appeal; units feature fresh paint, durable vinyl lock-and-fold flooring, and a long-lasting metal roof. This turnkey investment is ideal for a passive income strategy, offering immediate cash flow and potential for future appreciation. The property's location in Philadelphia, Neshoba County, Mississippi provides access to local amenities and a stable rental market. The asking price for this well-maintained multifamily property is $499,000. This represents a compelling opportunity for investors seeking a strong return on investment in a desirable location. Serious inquiries are encouraged to explore this lucrative proposition further.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Neshoba
- State
- Mississippi
- Longitude
- -89.1325
- Latitude
- 32.7603
