6916 Cloverdale Dr, Little Rock, AR 72209

$249,000
7
BD
2
BA
2,217
SqFt

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List Price
$249,000
Status
ACTIVE
Days on Market
17
MLS#
26034633
Year Built
1959
Bedrooms
7
Bathrooms
2
Full Baths
2
Living Area
2,217
Lot Size
9,583
Acres
0.22
Subdivision
CLOVERDALE
MLS Area Major
Little Rock

Property Description

Unique income-producing investment opportunity with multiple rental streams under one roof! Originally a 4-bedroom, 2-bath home, the property is currently configured with 7 individual bedrooms, each with a closet, plus shared kitchen and dining areas. Fullly furnished. Rooms are rented individually on a month-to-month basis at $650 per month, providing potential gross rental income of up to $4,550 per month at full occupancy. Current occupancy is approximately 50% as ownership has reduced occupancy in anticipation of the sale. Existing tenants have been in place for 6+ months. Utilities and Wi-Fi are currently owner-paid. Security cameras are located in common areas. Laundry hookups remain available, although laundry equipment is not currently provided. Roof is approximately 4 years old. Rent roll and financial information available upon request. Buyer to independently verify zoning, permitted use, occupancy requirements, property configuration, and financial information.

Additional Information

Amenities
No Fee, None
Exterior Features
Patio, Fully Fenced, Outside Storage Area, Guttering, Chain Link
Taxes
$2,478
Exterior Features
Brick, Metal/Vinyl Siding
Stories
One Story
Roof
3 Tab Shingles

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Michele Phillips & Co. Realtors.