$334,900

FOR SALE

801 Goodwater Road, Magee, MS 39111

Magee, Ms, 39111

MLS #4153557

Subdivision: Metes And Bounds

Building: 801 Goodwater Road

7 Beds

6/- Baths

4170 sqft

$ 80.31 /sqft

Property Details

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.

Property Features

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Property Type
Condo/Co-Op/Villa/Townhouse
HOA Fee/Monthly
-
HOPA
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Membership Fees
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Appliances
-
Restrictions
-
Furnished
Unfurnished
Flooring
-
No. of Floor
-
Terms Considered
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Year Built
1970
Cooling
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Pets Allowed
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Amenities
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Interior
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Maintenance Fee Includes
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Governing Bodies
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Construction
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Security
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Heating
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Garage/Carport
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Dining Area
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Exterior
-
Pet Restrictions
No
Parking
-
Application Fee
-
Water Access
-
Pool
No
Gated Community
-
Status
Active
Listing Office
E Speed Realty

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Listing Courtesy of: E Speed Realty