Single Family Detached
NEWLY REDUCED from $157,500. to $129,500.! What an OPPORTUNITY for Investors!
<br/>8-UNIT APARTMENT BUILDING located in DOWNTOWN Arkadelphia --- on the Southwest corner of Main Street & South 10th Street. This 8-PLEX is 5 Blocks South of Henderson State University's campus -and- only 1 to 6 Blocks West of shopping, restaurants/eating establishments, banking, various services, the City Library, churches, physical fitness gym(s), & more!
<br/>Living on Main Street --- within walking distance of everything 'downtown' can be SO MUCH FUN!
<br/>Measuring approx. 6,280 SQ. FT., total --- this 2-story APARTMENT BUILDING features 8 separate, 1-Bedroom or 2-Bedroom apartments --- with 4 APT. units being on the main-level and 4 additional APT. units being on the upper-level!
<br/>Each, separate APT. features an ENTRY HALL, a LIVING/DINING combination, a KITCHEN with range, refrigerator, & cabinetry with sink. There's also a short hallway leading to the HALL BATH and the BEDROOM(S). Each apartment is slightly different BECAUSE this multi-family structure was built 'as an 8-UNIT APARTMENT BUILDING in the late 1940's -and- there has been a multitude of tenants (and Owners) as the years have gone by. However, with that being said, the ATMOSPHERE & THE INTEGRITY of this building, overall --- BOTH the exterior and the interior (atmosphere & integrity) are still there! IF THESE WALLS COULD TALK!
<br/>Each of the 8-unit's UTILITIES ARE METERED INDIVIDUALLY. Each apartment is responsible for its own utility bills! Each of the 8 APT.'s has their very own individual, NEWER CH/A SYSTEM and their very own individual, NEWER ELECTRICAL BREAKER BOX, and their very own individual, HOT WATER TANK!
<br/>Each apartment RENTS/LEASES for between $300. to $350. PER MONTH -and- the TENANTS/LESSEES PAY THEIR OWN UTILITIES (per apartment unit). Approx. $2,500+- gross income per month (when fully occupied & when all rents are 'paid') BEFORE any repair expense, management expense, or County Property Tax, or any Landlord Property (all perils) Insurance is taken out.
<br/>CALL TODAY and schedule an appointment to view this Multi-Family, 8-UNIT, APARTMENT BUILDING. Please allow us 2 or 3 days to schedule appointments (to view) in advance, due to their being several tenants. Call REEDER REALTY at 870-246-2406 & ask for Wes Reeder 870-210-1020. See this INVESTMENT PROPERTY'S 17-photo Visual Tour at www.ezmls.com (Listing ID: R63675) and then CALL US to view some -or- all of the 8 individual, 1-BR or 2-BR, 1-BA apartments!
Single Family Detached
located at 1003 Main Street, Apt.'s 1-8, Arkadelphia, AR
is currently for sale.
1003 Main Street, Apt.'s 1-8, Arkadelphia is listed
This property has 10 bedrooms, 8 full bathrooms, and approximately 6,280 square feet.
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