$70,000 Sold

1 Magnolia Ct, Phenix City, AL 36869, USA

5 bd 3 ba 0.38 acres

Sold $70,000 on May 12, 2025

1 Magnolia Ct, Phenix City, AL 36869, USA

5 bd 3 ba 0.38 acres

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At today's 6.5% rate with 10% down, a buyer would pay ~$410/mo for a home at this value.

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Description

A unique investment opportunity with lots of potential and a convenient location? Check, check, and check! There's so much this property offers for a buyer with the right vision. Not one, but two manufactured homes on one large, fenced lot with a spacious parking area and carport between them. The larger home has an attractive stone exterior and lots of living space: Four bedrooms, one full and one half bath, as well as a full kitchen, dining area, and large family room. The smaller home was formerly used for a beauty salon, offering one bedroom and one half bathroom. Update each unit, and rent one or both out to create income streams. Or start fresh, leveraging the land of a large corner lot. The possibilities are wide open! Two large outbuildings on property also transfer with sale. As is.