R-7995 Wonderful piece of History located in the "Center of the Universe" downtown Magnolia. This property is in need of repairs, however, with updates this would make a unique large estate in the heart of Magnolia. Listed for a bargain price to facilitate a fast sale. Very large home built in 1905 and much original features still in place. Property is fenced has a slate roof, cedar siding and vinyl in a few places. Lots of old charm, listed in the Historical Register. Floor plan available upon request. Many outbuildings with electric ran to them. Great potential for the savvy investor. This would make a great residence, law office, bed and breakfast, fancy restaurant or anything that would benefit from a close location to the Air Base. You must have cash to buy this home, repairs exceed the limits of rehab loans. You can't live in it. Lowest estimate on repairs was $250,000. Home is not structurally sound and unsafe to enter.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
