Investing in the future! That's what you will be doing when you purchase this 4 building, 16 unit apartment complex in the heart of Magnolia, TX. Within walking distance to post office, townhall, shopping strips, restaurants, pharmacy, city parks and more. Magnolia and Montgomery county are growing rapidly, don't miss out on owning a part of this booming economy. Each Unit is 1100-1200 sf, 2 bedrooms, 1 bath, laundry room and open living area. Units have been updated as tenants move out and new move in. Make it what you want, apartments, office building or build something new. Sitting on 3/4 acre corner lot, a block from FM 1774 and 1488. Come and see this desirable location. Property is being sold 'As Is'
- Price:
- $2,499,000
- Bedrooms:
- 2
- Full Baths:
- 1
- Year Built:
- 1983
- Listing ID #:
- 28321695
- Street Address:
- 511 Commerce St
- City:
- Magnolia
- State:
- Texas
- Postal Code:
- 77355
- County:
- Montgomery
- Community:
- 15
- Subarea:
- Magnolia/1488 West
- Subdivision:
- Dawson Gamble
- Listing Status:
- Option Pending
- Listing Type:
- Multi-Family
School District: Magnolia
7-8
1025 students
14 student/teacher
9-12
2200 students
14 student/teacher
- Flooring:
- Carpet, Vinyl
- Miscellaneous Features:
- Washer/Dryer Connections
- Siding:
- Brick
- Stories:
- 2
- Type Of Roof:
- Composition
- Year Built:
- 1983
- Days On Market:
- 149
- Cooling System:
- Central Electric
- Heating:
- Central Electric
|
$
|
|
|
$
|
|
|
%
|
|
|
$
|
|
|
$
|
|
|
$
|
|
The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By Jenny Mangrum 281-444-5140 with BHGRE Gary Greene
