$799,000
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754 SqFt
SOLD DATE : 04/26/2024
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 754 sqft
Price per Sqft $895
Subdivision Westlite 01
MLS Listing ID 34088136
Sold Date 04/26/24
Year Built 2021
Annual Tax Amount $5,390
Tax Year 2023
Lot Size 0.459 Acres
Property Description
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.
Location
State TX
County Montgomery
Area Magnolia/1488 East
Interior
Heating Central Electric, Window Unit
Cooling Central Electric, Other Cooling, Window Units
Flooring Concrete, Laminate, Tile
Exterior
Utilities Available Electric, Water
Roof Type Composition
Accessibility Automatic Gate
Parking Type Driveway Gate, Paved Area
Building
Lot Description Cleared
Story 1
Unit Features Balcony,Fenced Area,Handicap Access,Patio,Window Coverings
Structure Type Aluminum,Cement Board,Wood
New Construction No
Schools
Elementary Schools Tom R. Ellisor Elementary School
Middle Schools Bear Branch Junior High School
High Schools Magnolia High School
School District 36 - Magnolia
Others
Senior Community No
Restrictions None
Tax ID 9498-00-01100
Energy Description Attic Vents,Ceiling Fans,Digital Program Thermostat,High-Efficiency HVAC,Insulated/Low-E windows,Insulation - Batt,Insulation - Spray-Foam,North/South Exposure,Tankless/On-Demand H2O Heater
Tax Rate 1.7646
Disclosures No Disclosures, Sellers Disclosure
Special Listing Condition No Disclosures, Sellers Disclosure
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Bought with Walzel Properties - Corporate Office
