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Incredible opportunity w/ 2 single & 3 duplexes totaling 8 units located on busy street in Magnolia. The full acre is white picket fenced w/ electric gated access & this listing is the 1/2 acre on the south side split down the shared driveway. Front house is 500 sqft open concept w/ full bath & kitchen on pier & beam w/ 2 exterior storage closets & 2 sheds(one of which has 50amp electrical service.)3 duplexes are the middle buildings, each 600 sqft w/ 300 sqft a unit built in 2021 of cement board on concrete slab. Each of the 6 units in the duplexes have front & back access, individual mini-splits, sinks & are separately sub metered for electricity. Back unit ADA compliant w/ handicap access & restroom on a 900 sqft pier & beam house w/ kitchen. Vaulted ceilings are in all 3 duplexes & back single unit. shared lot 20+ spaces. Currently being rented as artist community at 100% occupancy w/ studio spaces & back unit the gallery. Property has never flooded. Please do not disturb tenants.
*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
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