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.
| Name | Grade | Great School Ranking | Performance Index | Distinction Designations |
|---|---|---|---|---|
| Tom E. Ellisor Elem | Elementary | 8 of 10 | 4 of 4 | 0 of 7 |
| Bear Branch Jr High | Middle | 6 of 10 | 4 of 4 | 2 of 7 |
| Magnolia High | High | 5 of 10 | 4 of 4 | 0 of 7 |
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