3600 Johnson, Newport, AR 72112

$680,000
6,000
SqFt
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List Price
$680,000
Status
ACTIVE
Days on Market
91
MLS#
26031371
Style
Traditional
Year Built
1980
Living Area
6,000
Lot Size
20,473
Acres
0.47
Subdivision
Wilson
MLS Area Major
Newport
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479-435-4964

Property Description

Turnkey income-producing multifamily opportunity in Newport, AR (Jackson County). 16 one-bedroom studio units, fully leased. Cinder block exterior and metal roof - durable, low-maintenance construction that minimizes long-term repair and replacement costs compared to wood-frame/shingle multifamily stock. There are 3 buildings which consists of Building #1-4 units, Building #2 & #3 -6 units each. Cash flowing opportunity from the first day of ownership.

479-435-4964
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Additional Information

Interior Features
Hot Water Heater-Electric
Taxes
$1,709
Property Description
Traditional
Exterior Features
Block
Roof
Metal
School District
Newport
Elementary School
Newport
High School
Newport
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Listing courtesy of IMAGE Realty.