2012 Martin, Conway, AR 72034-0000

$395,000
5,187
SqFt

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List Price
$395,000
Status
ACTIVE
Days on Market
132
Price Change
▼ $100,000 1792710982
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. 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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Listing courtesy of Century 21 United.