$109,500
14 beds 6 baths 5,532 sq. ft.
34.0495 -93.0817
FOR SALE

1402 N. 10th & Buck Ln 1,2,3,4 Arkadelphia, AR 71923

$109,500
Est. Monthly $557 with $943 in taxes recalculate
14 beds 6 baths 5,532 sf
 

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1402 N. 10th & Buck Ln 1,2,3,4
Arkadelphia, AR 71923

Explore This Property

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

Property Features

  • 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

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 3.38% APR
    $557Your estimated monthly payment
    $21,90020% Down Payment
    $109,500 $98,550 $943
    purchase price loan amount property tax (est)
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    PEAKE ELEMENTARY SCHOOL
    Grades 4-5 | Public School

    ARKADELPHIA, AR 71923
    1609 PINE ST
    870-246-2361
    5.1
    miles

    Total Students 300
    Student Teacher Ratio 16:1

    School Rating

    2 stars View School Details
    CENTRAL PRIMARY SCHOOL
    Grades 2-3 | Public School

    ARKADELPHIA, AR 71923
    233 N 11TH ST
    870-246-2872
    5.2
    miles

    Total Students 300
    Student Teacher Ratio 15:1

    School Rating

    1 star View School Details
    Middle School
    GOZA MIDDLE SCHOOL
    Grades 6-8 | Public School

    ARKADELPHIA, AR 71923
    1305 CADDO ST
    870-246-4291
    5.1
    miles

    Total Students 435
    Student Teacher Ratio 12:1

    School Rating

    2 stars View School Details
    High School
    ARKADELPHIA HIGH SCHOOL
    Grades 9-12 | Public School

    ARKADELPHIA, AR 71923
    401 HIGH SCHOOL RD
    870-246-7373
    5.1
    miles

    Total Students 550
    Student Teacher Ratio 11:1

    School Rating

    2 stars View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Louisa Perritt Primary School 4.5 mi Public PRESCHOOL-1

    Local Area Information for Arkadelphia, AR 71923

    Median Age: 31.6
    Married: 34.6%
    Number of Households: 6,208
    Households with Children: 1,712
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Copyright © 2017 ezMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
      † 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.
      The Single Family Detached located at 1402 N. 10th & Buck Ln 1,2,3,4, Arkadelphia, AR 71923 is currently for sale. 1402 N. 10th & Buck Ln 1,2,3,4, Arkadelphia is listed for $109,500. This property has 14 bedrooms, 6 full bathrooms, and approximately 5,532 square feet. If the property located at 1402 N. 10th & Buck Ln 1,2,3,4, Arkadelphia, AR isn't what you're looking for, search Arkansas real estate to see other houses for sale in Arkadelphia.