801 Goodwater Road, Magee, MS 39111
Local realty services provided by:Better Homes and Gardens Real Estate Expect Realty
801 Goodwater Road,Magee, MS 39111
$334,900
- 7 Beds
- 6 Baths
- 4,170 sq. ft.
- Multi-family
- Pending
Listed by: kimberly d walker, olivia j adams
Office: e speed realty
MLS#:4153557
Source:MS_UNITED
Price summary
- Price:$334,900
- Price per sq. ft.:$80.31
About this home
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....
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Home facts
- Year built:1970
- Subdivision & Development:Metes And Bounds
- Listing ID #:4153557
- Added:53 day(s) ago
- Updated:August 14, 2026 at 07:57 AM
Rooms and interior
- Bedrooms:7
- Total bathrooms:6
- Full bathrooms:6
- Living area:4,170 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1970
- Building area:4,170 sq. ft.
- Lot area:0.26 Acres
- Construction Materials:Brick
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Magee
- Middle school:Magee
- Elementary school:Magee
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$334,900
- Price per sq. ft.:$80.31
- Tax amount:$5,044 (2025)
Parking
- Total parking spaces:6
- Parking description:Paved
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