$1,365,000
$2,499,000
45.4%For more information regarding the value of a property, please contact us for a free consultation.
511-523 Commerce St Magnolia, TX 77355
2 Beds
1 Bath
Key Details
Sold Price $1,365,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Dawson Gamble
MLS Listing ID 28321695
Sold Date 06/06/23
Style Fourplex
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1983
Property Sub-Type Quadruplex
Property Description
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'
Location
State TX
County Montgomery
Area Magnolia/1488 West
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Carpet, Vinyl
Fireplace No
Laundry Washer Hookup, Dryer Hookup
Exterior
Roof Type Composition
Building
Story 2
Entry Level Two
Architectural Style Fourplex
Level or Stories Two
New Construction No
Schools
Elementary Schools Magnolia Elementary School (Magnolia)
Middle Schools Magnolia Junior High School
High Schools Magnolia West High School
School District 36 - Magnolia
Others
Tax ID 0177-01-00090
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Bought with Realty Associates