$ 424,900
1708 Pineview Street Jonesboro, AR 72401
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$ 424,900
Est. payment /mo
New
1708 Pineview Street Jonesboro, AR 72401
2,808 SqFt
UPDATED:
11/19/2024 06:39 PM
Key Details
Property Type Multi-Family
Sub Type Apartments
Listing Status Active
Purchase Type For Sale
Square Footage 2,808 sqft
Price per Sqft $151
Subdivision Watkins
MLS Listing ID 24042006
Style Other (see remarks)
Year Built 1988
Annual Tax Amount $1,627
Tax Year 2023
Lot Size 0.330 Acres
Acres 0.33
Property Description
Discover an exceptional investment opportunity with this fully occupied 6-unit apartment building, strategically located within the city limits of Jonesboro, Arkansas. Situated on a generous 0.33-acre lot, this property offers both stability and growth potential. The exterior of the building has been repainted, enhancing curb appeal and reducing future maintenance costs. Additionally, three of the six units have been updated, offering increased rental value. A new water main has been installed, ensuring reliable service and reducing the likelihood of future disruptions. While the property is currently fully occupied, there remains significant value-add potential. Investors can explore opportunities to further update the remaining units or optimize rental rates to increase overall revenue. This property represents a solid investment with immediate income and potential for further growth. Don't miss the chance to capitalize on this opportunity in the vibrant Jonesboro market.
Location
State AR
County Craighead
Area Jonesboro B
Zoning R-2
Rooms
Kitchen Other (see remarks)
Interior
Heating Window Units
Flooring Vinyl
Equipment Other (see remarks)
Exterior
Garage Four Car or More
Utilities Available Sewer-Public, Electric-Municipal, TV-Cable
Roof Type Architectural Shingle
Building
Lot Description Level, Cleared
Foundation Slab
New Construction No
Schools
Elementary Schools Jonesboro
Middle Schools Jonesboro
High Schools Jonesboro
Listed by ERA Doty Real Estate • Craig Melton