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 $450., measures approx. 987 sq. ft., & has 3-BR's, 1-BA. #1 Buck Lane rents for $400., measures approx. 943 sq. ft., & has 3-BR's, 1-BA. #2 Buck Lane, the largest of the five houses, rents for $550., measures approx. 1,673 sq. ft., & has 3 to 4-BR's, 2-BA's. #3 Buck Lane rents for $450., 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. $1,850.+-. 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
† 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.
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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