MLS# 279258 Income producing property!!! Single family home converted into a 7-plex that brings in $6700/month in rents. Two of the units have been recently updated with LVP flooring. Three have been updated, but not super recent and then two units have not been updated and are in need of flooring and paint. Excellent tenants that pay on time. Brand new roof was put on two years ago. Exterior has been freshly painted. There is a laundry facility that all 7 units have access to. There is a decent amount of space that building additional units in the future would be an option. Utilities paid by the landlord are water ($900 every other month), electricity ($600/month), garbage ($140 every three months) for about $1100ish/month in utilities.Two of the tenants have been there for over 5 years. Four are currently under leases. Everyone gets along very well with very little drama. Unit size and rent are as follows, all with one bathroom: 1-one br $1100 2-one br $850 3-one br $800 4-studio $700 5-two br $1300 6-studio $850 7-studio $1050
|
DAYS ON MARKET
|
88
|
LAST UPDATED
|
9/30/2024
|
|
TRACT
|
AMONS ADDITION
|
YEAR BUILT
|
1920
|
|
COUNTY
|
Benton
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Multi Family
|
|
|
| LOT |
0.32 acre(s) |
| SUBDIVISION |
AMONS ADDITION |
| TAXES |
3639 |
| ZONING |
Residential |
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Listing provided by Terry J Parrish with Parrish Real Estate and Property Managment
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