801 Goodwater Rd, Magee, MS 39111
- Beds
- 7
- Baths
- 6
- Sqft
- 4,170
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
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.
Location
Full feature list
Basic info
- Property type
- Other residential
- Number of stories
- 1
- Number of bedrooms
- 7
- Number of bathrooms
- 6
- Square feet
- 4,170
- Lot size (acres)
- 0.26
- Year built
- 1970
Exterior features
- Horse amenities
- Stable
Utilities
- Heating
- Central
- Cooling
- Central Air
- Sewer
- Public Sewer
- Water
- Public Water
Taxes
- Tax Annual Amount (2025)
- $5,044
Public schools
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Sourced from: MLS United MLS®#: 4153557 Last checked: …

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