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205 Lincoln, Earle, AR 72331

$289,900
: 2,646
SqFt

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List Price: $289,900
Status: ACTIVE
Days on Market: 22
MLS#: 26040885
Style: Ranch
Year Built: 1999
Living Area: 2,646
Lot Size: 16,117
Acres: 0.37
Subdivision: Rhodes
MLS Area Major: Crittenden County

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Property Description

Welcome to Market Lincoln Apartments. Fully Occupied and renovated 4 unit property offering immediate rental income and future growth potential. The property features two 4 bdrm units and two 3 bdrm units, all separately metered with tenants responsible for utilities. Additional income is generated from four storage spaces. Improvements include newer roofs, newer hot water heaters, appliances, window units, and lite cosmetic interior upgrades. Current gross scheduled income is $37,080 annually, with projected potential of $43,680. Excellent opportunity for investors looking to expand their rental portfolio with an income producing asset. Buyer to verify all financials, rents, expenses, and property details. No wholesale, assignment, or creative financing offers will be considered. Financials available upon request. Managed by seller. Please do not disturb tenants. No showings without an accepted offer.

479-435-4964

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Additional Information

Interior Features: Washer Connection, Dryer Connection-Electric, Hot Water Heater-Gas, Smoke Detector
Taxes: $1,658
Property Description: Ranch
Exterior Features: Metal/Vinyl Siding
Roof: Architectural Shingle
School District: Earle
Elementary School: EARLE
Middle School: EARLE
High School: EARLE