Under contract

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.

Listed byE Speed Realty
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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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