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BEDS0
BATHS
SQUARE FEET1,998
MLS#26009601
STATUSPrice Change
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONHarding
NEIGHBORHOODPINE BLUFF (CENTRAL)
Property Description
Investment Opportunity ??? 4 Duplexes (8 Units) Excellent opportunity to acquire a portfolio of four duplexes totaling 8 rental units located in Pine Bluff, Arkansas. The properties are currently occupied and generate approximately $5,800 per month in gross rental income ($69,600 annually). Property features include newer roofs, a mix of updated interiors, long-term tenants, and tenants paying utilities. Strong occupancy history and consistent cash flow make this an attractive investment opportunity with additional upside through future rent increases and continued improvements. Financial Highlights: ??? Gross Annual Income: Approximately $69,600 ??? Property Taxes: Approximately $3,000 annually ??? Insurance: Approximately $7,200 annually ??? Tenants Pay Utilities Owner financing available for qualified buyers. Seller prefers to sell as a package deal but would consider selling some properties separately. Cross Reference MLS Listings: 310 / 312 W 11th Ave ??? MLS #26009600 912 / 914 W 12th Ave ??? MLS #26009601 4310 / 4312 W Burnett St ??? MLS #26009608 4314 / 4316 W Burnett St ??? MLS #26009609 *Price change reflects some duplexes no longer listed for sale now.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central
Heating: Central Heat
Home Style: Traditional
Lot Size: 0.28 Acres
Roof Type: Architectural Shingle
Stories: 1.0
Taxes: $544
Year Built: 1998
Feature Descriptions
Appliance(s)/Kitchen Equipment: Free-Standing Stove
Days on Site: 94
Expenses Include: None
Exterior: Brick
Lot Dimensions: 0.28 acre(s)
Number of 3 Bedroom Unit(s): 2
Parking Notes: Parking Pads
Sewer: Public Sewer
Units: 2
Listed By / Shown By
Listed By
Agency Name: Hope & Company Realty
Agency Phone: 870-723-3443
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Source: Arkansas MLS
Estimate Your Payment
Estimated Payment
$ 1,555.67 per month $1,335.34 Principal & Interest $45.33 Property Tax $175.00 Homeowner's Insurance
912/914 W 12th Avenue | MLS# 26009601
This multi-family property located at 912/914 W 12th Avenue, Pine Bluff, AR 71601 is currently listed for sale with an asking price of $600,000. Search Pine Bluff real estate on www.clcommercialrealestate.com today.