$334,900
$334,900
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801 Goodwater Road Magee, MS 39111
7 Beds
6 Baths
4,170 SqFt
Key Details
Sold Price $334,900
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,170 sqft
Price per Sqft $80
Subdivision Metes And Bounds
MLS Listing ID 4153557
Sold Date 08/17/26
Bedrooms 7
Full Baths 6
Year Built 1970
Annual Tax Amount $5,044
Lot Size 0.260 Acres
Acres 0.26
Source MLS United
Property Description
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
State MS
County Simpson
Community Other
Interior
Heating Central
Cooling Central Air
Furnishings No
Exterior
Exterior Feature None
Parking Features Paved
Community Features Other
Utilities Available Electricity Connected, Water Connected
Waterfront Description None
Roof Type Metal
Garage No
Building
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type None
New Construction No
Schools
Elementary Schools Magee
Middle Schools Magee
High Schools Magee
Others
Tax ID 4-057q-00-02200-003-08400
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