DESCRIPTION:
Don’t miss your chance at 11 single family homes and 1 office space in Magnolia Park subdivision. There is only one vacant home, making this a great opportunity for landlords to start collecting rents immediately.
Each home was built in 1930 and is situated on a 27,652 sqft lot
Legal Description:
LTS 15- THRU 21 & TRS 22 22B 23 & 24 BLK 55 MAGNOLIA PARK SEC 2
MISCELLANEOUS:
View by appointment only! Showing TBD.
Flood zone code X-out
Currently no delinquents or pending evictions
Tenants pay for their own gas, electric, and gas
7605.5 Canal St: They only pay water and gas because their electric meter is connected with the office (Office is owner occupied)
$7,475/monthly rent
$89,700/per year
Expenses:
Insurance $4,201/per year
Taxes $19,096