$ 124,000
1606 Sycamore Street North Little Rock, AR 72114
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$ 124,000
Est. payment /mo
Price Dropped by $5K
1606 Sycamore Street North Little Rock, AR 72114
1,225 SqFt
UPDATED:
11/04/2024 06:18 AM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,225 sqft
Price per Sqft $101
Subdivision Kahn
MLS Listing ID 24022036
Style Traditional
Year Built 1948
Annual Tax Amount $940
Lot Size 9,147 Sqft
Acres 0.21
Property Description
For Sale: Duplex Investment Property at 1606 & 1608 Sycamore St., North Little Rock, AR Address: 1606 & 1608 Sycamore St., North Little Rock, AR Property Details: 1606 Sycamore St: 1 bed, 1 bath, currently rented for $600/month. Lease ends May 2025. 1608 Sycamore St: 1 bed, 1 bath, currently rented for $600/month. Available July 1st. Description: Prime investment opportunity, this duplex offers affordable rental units in close proximity to major employers, freeways, and the burgeoning Argenta and NLR waterfront districts. Each unit boasts 1 bedroom and 1 bath, perfect for attracting long-term tenants. Investment Highlights: 1606 Sycamore St: Secure income with a lease through May 2025. 1608 Sycamore St: Ready for new tenants or owner occupancy from July 1st. Investing in properties like this duplex can be a fantastic supplement to your retirement plan or even replace your income entirely with a large enough portfolio. With the area's ongoing redevelopment and increasing demand for affordable housing, this property is poised for appreciation and steady rental income. No showings without a signed sales contract to not disturb current tenants.
Location
State AR
County Pulaski
Area North Little Rock (West/Crystal Hill)
Zoning unk
Rooms
Kitchen Surface Range
Interior
Heating Floor/Wall Furnace
Flooring Vinyl
Equipment Surface Range
Exterior
Garage On Street Only
Utilities Available Sewer-Public, Water-Public
Roof Type Composition
Building
Lot Description Level
Foundation Slab/Crawl Combination
New Construction No
Listed by McLellan & Associates Real Estate Group • Chase R Calhoun