2012 Martin, Conway, AR 72034-0000

$495,000
5,187
SqFt

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List Price
$495,000
Status
ACTIVE
Days on Market
86
Price Change
▼ $90,000 1785271711
MLS#
26024396
Style
Craftsman
Year Built
1938
Living Area
5,187
Lot Size
13,939
Acres
0.32
Subdivision
Boulevard
MLS Area Major
Conway - Old Town

Property Description

Income-producing multi-family property in the heart of Conway! Could utilize space as approximately eight apartments. This unique investment opportunity features multiple residential units totaling approximately 5,187 square feet on a 0.32-acre lot. Conveniently located near downtown Conway, the University of Central Arkansas, shopping, dining, and major employment centers, this property offers strong rental demand and excellent cash-flow potential. The versatile floor plan provides multiple living spaces, ample parking, and the flexibility for long-term rentals, student housing, or workforce housing. Bathtubs are currently sheet rocked over due to use as a daycare. Owner is willing to uncover and put back to full bathrooms. Could be used for office space as well. Historic character combined with investment potential makes this an excellent addition to any real estate portfolio. In years past is was a Fraternity house and most recently a daycare. Whether you’re a seasoned investor or looking to expand your rental holdings, this property offers a rare opportunity in one of Central Arkansas’s most desirable rental markets.

Additional Information

Interior Features
Washer Connection, Dryer Connection-Electric, Hot Water Heater-Gas, Smoke Detector, Fireplace - Woodburning
Taxes
$4,479
Property Description
Craftsman
Exterior Features
Metal/Vinyl Siding
Roof
Architectural Shingle

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Calculator source: Real Geeks

Listing courtesy of Century 21 United.