HOT 1216 N 5TH ST FORT SMITH, AR 72901

Features

• Price/sqft: $67
• Lot Size: 7000 sq. ft.
• Total Units: 5
• Stories: 200
• Roof Type: GABLE
• Heating: 14
• Construction Type: Frame

Facts

• Property ID: 876145606
• MLS Number: 1071714
• Parcel Number: 13375-0004-00005-00
• Property Type: Multi-family (5 or more units)
• County: SEBASTIAN
• Legal Description: LOT 4 BLK 5
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Prime Investment Opportunity: Multi-Family Units Near Downtown and Howard ElementarynWelcome to 1216 N 5th St, Fort Smith, AR, where a fantastic investment opportunity awaits. This multi-family property comprises five units, each offering comfortable and convenient living spaces for tenants. Strategically located near downtown Fort Smith and in close proximity to Howard Elementary, this property is perfectly positioned to attract tenants seeking accessibility to both urban amenities and educational facilities.nProperty Details:nAddress: 1216 N 5th St, Fort Smith, ARnUnit Count: 5 unitsnUnit Breakdown:1 unit: 3 bedrooms, 1 bathroomn2 units: 2 bedrooms, 1 bathroom eachn2 units: 1 bedroom, 1 bathroom eachnProperty Type: Multi-familynFeatures: This property offers a diverse range of units, including spacious 3-bedroom apartments, comfortable 2-bedroom units, and cozy 1-bedroom options, catering to various tenant needs. Its proximity to downtown Fort Smith ensures easy access to shopping, dining, and entertainment, while its close proximity to Howard Elementary adds appeal for families and students.nFinancial Details:nAGI (Annual Gross Income): $24,360nPGI (Potential Gross Income): $49,200nDon't miss out on this exceptional investment opportunity! With its desirable location and attractive unit mix, 1216 N 5th St presents a lucrative prospect for investors seeking stable returns. Contact us today to capitalize on this prime investment property and secure your place in Fort Smith's thriving real estate market!

Hot Homes

Bargain Price Bargain Buy - Save Over 20% The Asking Price for this home is at least 20% below the Estimated Value. Buying a home at a price below the market value can save thousands of dollars and create wealth in home equity faster.