Single Family Detached
FIVE RENTAL HOMES --- ONE PRICE! Own an entire 'street of homes' for just $109,500.! That's right! These five, 1-story residences ALL SHARE AN APPROX. 1.07 ACRE SITE with North Tenth Street (Hwy. 67/7 North) frontage & depth along Buck Lane. This small neighborhood of homes, dates back to the mid-1950's AND IS STILL OWNED BY THE SAME FAMILY! All five houses have 'covered' entrances, three have single 'attached' carports, two have metal siding, one has vinyl siding, & two have their original frame siding. Four of the homes are typically rented/tenant occupied. The smallest of the five houses is presently vacant & 'will require repair' to attract a new tenant. YOU WILL BE EXCITED TO KNOW that the roof shingles on four of the five houses appear to be in good condition! (One of the smaller houses needs a shingle repair -or- some new shingles.) The actual Property addresses, the monthly rent rates, square footages, bedrooms & baths --- are as follows: 1402 North 10th Street rents for $300., measures approx. 987 sq. ft., & has 3-BR's, 1-BA. #1 Buck Lane rents for $350., measures approx. 943 sq. ft., & has 3-BR's, 1-BA. #2 Buck Lane, the largest of the five houses, rents for $500., measures approx. 1,673 sq. ft., & has 3 to 4-BR's, 2-BA's. #3 Buck Lane rents for $400., measures approx. 1,106 sq. ft., & has 3-BR's, 1-BA. #4 Buck Lane, the smallest of the five houses, is presently unoccupied (needs repair), measures approx. 823 sq. ft., & has 2-BR's, 1-BA. In the past, it has rented for $275., per month. The TOTAL MONTHLY INCOME of the four homes when all are rented is approx. $1,500.+-. Once the fifth house is repaired --- made ready to rent/lease, you can expect an even greater return! YOU DO THE MATH and decide if this INVESTMENT PROPERTY appeals to your business sense --- in a DOLLARS AND CENTS, sense! Call REEDER REALTY today & schedule an appointment to view these five rental residences, 870-246-2406. Ask for Wes Reeder, cell 210-1020.
MLS # R54386
Courtesy Of Reeder Realty
Age: Over 50 Years Old
Appliances: Oven, Refrigerator
Architecture Style: Bungalow
Exterior Type: Metal, Vinyl Siding
Parking Type: Carport
Roof Type: Composition Shingle
Rooms: Bedroom, Full Bath, Living Room, Patio, Storage
Single Family Detached
located at 1402 N. 10th & Buck Ln 1,2,3,4, Arkadelphia, AR
is currently for sale.
1402 N. 10th & Buck Ln 1,2,3,4, Arkadelphia is listed
This property has 14 bedrooms, 6 full bathrooms, and approximately 5,532 square feet.
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