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101 S Locust , Searcy, AR 72143

$899,000
  • 101 S Locust , Searcy, AR 72143 Main Photo

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New to the Market New Listing
BEDS0 BATHS SQUARE FEET8,568 MLS#26015714
STATUSNew Listing PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONSearcy Original NEIGHBORHOODSEARCY

Property Description

Great opportunity to get into the rental business one block from downtown and a few blocks from Harding University. Affordable housing built in 1980. 16-one bedroom apartments with approx. 535 per sq. ft. in each unit. some updates inside and out. rents range from $450.00 to $625.00 per month based on the remodeling.Total currently income is $8825 per month and the property is 100% occupied. Agents see private remarks for expenses.

101 S Locust | MLS# 26015714

This multi-family property located at 101 S Locust , Searcy, AR 72143 is currently listed for sale with an asking price of $899,000. Search Searcy real estate on www.crye-leike.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Window Units
Home Style: Traditional
Lot Size: 0.34 Acres
Roof Type: Architectural Shingle, Flat
Stories: 2.0
Taxes: $1,890
Year Built: 1980

Feature Descriptions

Appliance(s)/Kitchen Equipment: Free-Standing Stove, Refrigerator-Stays
Days on Site: 2
Expenses Include: Taxes, Insurance, Trash, Water/Sewer
Exterior: Frame
Lot Dimensions: 0.34 acre(s)
Number of 1 Bedroom Unit(s): 16
Parking Notes: Parking Pads
Sewer: Public Sewer
Units: 16
Water: Public Water

Listed By / Shown By

Listed By

Agency Name: RE/MAX Advantage
Agency Phone: 501-268-1115

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: Arkansas MLS

Estimate Your Payment

Estimated Payment

$ 2,420.49 per month $2,000.78 Principal & Interest $157.50 Property Tax $262.21 Homeowner's Insurance

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