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1320 S Albert (Pike) AVE, Fort Smith, AR 72903

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For Sale

$995,000

9 beds • 9 baths • 2 half baths • 7,100 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $140.14
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Grand colonial mansion with 7,000 sq ft, 9 bedrooms and 9 bathrooms, built in 1950. Tons of charm. Previously a success Bed and Breakfast until 2021. Currently, the individual private suites are being rented (6 available, 1 coming soon, 1 for caretaker and 1 that still needs a minor update). Currently one downstairs is rented and out of the 3 unfinished units, 2 are downstairs). The home has a welcoming entry with grand staircase, huge living room with a fireplace, large dining area that we currently have 4 tables setup and a really cool game room upstairs with bar area. The kitchen is beautiful with custom cabinets, quartz countertops, island, Z-Line appliances (dishwasher, fridge and 48" double oven range with gas cooktop). 3 coffee bars. Game room has full size fridge, sink and microwave. The backyard has had weddings previously according to the prior owner. Nice koi pond. Recently sealed parking lot with approximately 10 parking spaces. There is additional parking space in front of the converted garages. Home comes fully furnished. Very little to no marketing has been done for this property and yet we have 50% occupancy year-to-date. Additional income could be added by adding 2 more rooms at minimal cost, leaving one room for yourself or a caretaker. The location is right in the heart of Fort Smith. Restaurants, shopping and hospitals all in the immediate area. The airport is 9 min away and UAFS is 4 min away. This did used to be a Bed and Breakfast for nearly 40 years. You will find it difficult to find another property in the area like this one. Don't let this opportunity pass you by! Also listed under Commercial listing #1084995.
MLS# 1084994

Courtesy Of CohoBnb Properties, LLC

(877) 812-6064

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Dishwasher, Dryer, Garbage Disposer, Range, Refrigerator, Washer
  • Architecture Style
    Colonial
  • Exterior Type
    Brick
  • Floor Covering
    Carpet, Tile, Tile - Ceramic, Vinyl, Wood
  • Lot Size
    0.88 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement

Map and Directions

Directions to 1320 S Albert (Pike) AVE, Fort Smith, AR 72903

Home seller CENTURY 21 Perry Real Estate

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Perry Real Estate

(479) 394-6500
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.