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5694/92 5668/66 5644/42 W Michael Cole DR, Fayetteville, AR 72704

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For Sale

$849,500

1,728 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $491.61
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

This investment opportunity consists of 3 separate duplex buildings, offering a total of 6 rental units. Currently, 4 units are occupied, with the remaining 2 available for viewing. Each unit sits on its own individual parcel, with Duplex #3 having the largest lot. All units are the same floor plan, offering 2 bedrooms and 1 bathroom, as well as an attached carport. At present, all four tenants are on month-to-month leases and are interested in continuing to rent. The current rents are $775 for three of the units and $1050 for the fourth with reasonable expectation that rents could increase. Each unit has its own unique specifications, including differences in roof and HVAC age, as well as varying degrees of updates. A detailed list of these features can be provided upon request. Note that the painted paneling pics are from Duplex 3 and wood paneling from Duplex 2. For a better understanding of the layout and the parcels, be sure to ask for the video tour, which includes aerial footage of the property.
MLS# 1302554

Courtesy Of Gibson Real Estate

(479) 267-4427

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Range, Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Floor Covering
    Carpet, Tile, Tile - Ceramic, Vinyl
  • Lot Size
    1.78 Acres
  • Roof Type
    Asphalt

Home seller CENTURY 21 Lyons & Associates 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 Lyons & Associates Real Estate

(479) 524-2100
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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