Property Description

Exceptional investment opportunity in the heart of downtown Siloam Springs! This unique Victorian-style property is currently configured as a 10-unit rental complex featuring six 1-bedroom, 1-bath units, three studio units, and one 2-bedroom unit, offering outstanding income-producing potential. With approximately 4,372 square feet, the property provides multiple avenues for investors, developers, or owner-users.Significant improvements have already been completed, including a replaced roof, numerous updated windows, and extensive interior remodeling throughout the property. Continue operating as an apartment complex and capitalize on the strong rental demand in downtown Siloam Springs, or explore alternative uses such as converting the property back into a grand single-family residence, professional office space, boutique business, mixed-use development, or other approved uses.$100,000 opening bid.

Property Features