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MLS#10129132
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONCedar Heights
NEIGHBORHOODB
Property Description
Welcome to the Multifamily Market 1900 Cedar Heights Dr and 405 Melrose St of the Cedar Heights 1st Addition in Jonesboro, Arkansas, within the Jonesboro School District. Opportunity Knocks! This prime piece of rental property offers 2 fourplexes totaling 8 income-producing units. The exteriors are wrapped in brick and vinyl, topped with 3-tab shingles, and accented by a parking lot, mature shade trees, and a small patio at each unit. The interior of each unit includes 2 bedrooms, 1.5 bathrooms, a living room and kitchen, and washer and dryer hookups. Each unit contains a refrigerator and stove and tenants pay electric. Occupied units are rented at $650 per month. Conveniently located near Arkansas State University and local retail and dining establishments. Call today to schedule your tour and make an investment in tomorrow.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Electric
Heating: Central
Home Style: Other/See Remarks
Lot Size: 0.44 Acres
Roof Type: 3-Tab Shingles
Taxes: $1,620
Feature Descriptions
Exterior: Brick, Vinyl Siding
Exterior: Patio, Paved Streets
Flood Zone: No
Flooring: Ceramic, Vinyl
Interior: Ceiling Fan(s), Climate Control
Listing Terms: Cash, In House
Lot: Level
Parcel #: 01-144171-07700
Sewer: City Sewer
Water: City
Zoning: R-1
Local Schools
High School: Jonesboro High School
Middle School: Annie Camp
Elementary School: Jonesboro Magnet
Listed By / Shown By
Listed By
Agency Name: Compass Rose Realty
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Source: Neakbor MLS
Estimate Your Payment
Estimated Payment
$ 1,141.64 per month $890.00 Principal & Interest $135.00 Property Tax $116.64 Homeowner's Insurance
405 Melrose Street | MLS# 10129132
This multi-family property located at 405 Melrose Street, Jonesboro, AR 72401 is currently listed for sale with an asking price of $399,900. Search B real estate on www.clcommercialrealestate.com today.