216 E MAGNOLIA STREET

** BACK ON MARKET *** HERE'S YOUR CHANCE TO live and work under the same roof OR Lease it all out. Either way - you have options with this one. ***THREE separate professional OFFICES **** in the front of the building with ****THREE EXISTING RENTALS****** TWO 2 bedroom/1 bath units and ONE 1 BEDROOM/1 BATH efficiency on the rear side of the building with plenty of parking to accommodate. Separate detached garage for storage or business purposes. Great location right on Highway 70 east in Arcadia. With rezoning, the large front offices MAY be converted (please check w Planning and Zoning) into another 2 br/1.5 bath apartment for a total of 4 single family rental units. The existing three units all have separate utilities and access to a common laundry room, garage is detached with an electric door and entrance on side street - Property is partially fenced. Excellent maintenance and located within a short distance to the courthouse, historic downtown, hospital, shopping, and restaurants. New roof, windows, siding, and misc. renovations in 2004. A 600 sf rear addition in 2005, 800 sf apartment addition in 2014, and interior floors and bathroom updates in 2016. Turn key income property. Call today for an appointment - this incredible investment opportunity simply WILL NOT LAST. Being offered as is.