1109 South Road 1109 Second St #C. 1109 Second St #D Jacksonville, AR 72023

Features

• Price/sqft: $70
• Total Rooms: 9
• Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Workshop
• Heating: Central Furnace

Facts

• Year Built: 01/01/1962
• Property ID: 925286132
• MLS Number: 24037096
• Property Type: Single Family Home
• County: LONOKE
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. This unique property offers three rental homes situated on 1.44 acres, all separately metered for water and electric, providing tenants with independent utilities and simplifying management for the owner. Currently generating $1,800 per month in rental income, this property has excellent potential for future growth. Market value on these homes individually is significantly higher than what you can get this portfolio for. With plenty of land, there is ample space for additional rental units, offering a fantastic opportunity to increase revenue. The spacious lot allows for expansion, making it ideal for investors looking to maximize their return. Whether you choose to build more homes, or explore other income-generating possibilities, this property is a solid foundation for long-term profit. Seize this chance to invest in a growing market and capitalize on the opportunity to increase rental income with minimal upfront expenses! Update: Last unit is having flooring replaced and new tenant placed on month to month at $695 a month plus utilities.