$450,000
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405 - 419 Scott Street Ward, AR 72176
7,110 SqFt
Key Details
Sold Price $450,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 7,110 sqft
Price per Sqft $63
Subdivision Ot Ward
MLS Listing ID 20028813
Sold Date 10/16/20
Style Traditional
Year Built 2008
Annual Tax Amount $3,774
Tax Year 2019
Property Sub-Type Duplex
Property Description
All 7 units are currently occupied, 2 have lower rent @ $550.00/ month because they have been there a long time. The other 5 units are currently rented out @ $ 600.00/month larger income potential for investor due to the fact the rent could be raised in our opinion to at least $700.00 per unit Seller currently has expenses of Lawn Care $300.00 month, Pest control $300.00 annually, insurance $1633.00 Annually and very little maintenance cost - In 2019 he spent less than $1,000.00 total Maintaining the 7 units.
Location
State AR
County Lonoke
Area Cabot School District
Zoning Multi fam
Rooms
Basement None
Kitchen Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Refrigerator-Stays
Interior
Interior Features Washer Connection, Dryer Connection-Electric, Hot Water Heater-Electric, Closet - Walk In, Fan - Ceiling, All Units
Heating Central Cool-Electric, Central Heat-Electric
Flooring Partial Carpet, Tile
Equipment Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Refrigerator-Stays
Exterior
Exterior Feature Guttering
Parking Features None
Utilities Available Sewer-Public, Water-Public, Electric-Co-op, All Underground
Roof Type Architectural Shingle
Building
Lot Description Level, Cleared
Foundation Slab
New Construction No
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Bought with Century 21 Parker & Scroggins Realty
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