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Income Producing Property for Sale McComb MS Pike County

MLS Number: MS227076
Price : $490,000
Features: Electricity, Home
Acreage : 0.76
State: Mississippi
County: Pike
Status: Active
Property Documents: MapsFlyer

HUGH PRICE REDUCTION!!! Income producing property for sale in McComb, MS. This 7 Unit multifamily apartment building for sale in Pike County, MS currently generates $4640/monthly income. Loft "E" will generate an additional $800/month with about $7500 being the cost to complete. Fully rented this complex will generate a 11.8% annual cap rate at the asking price including the $7500 cost to finish unit "E" This income producing property has been converted from a commercial building into a VERY NICE HIGH END PROPERTY WITH TOP QUALITY LONG TERM TENANTS!!! The complex has a private gym and gated entrance. Please call for full details and showing arrangements. Shown by appointment to qualified buyers only.

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