2ND HOXIE, AR 72433

Features

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Facts

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Sale Type

This is a HUD Home that the Government has foreclosed on because the owner couldn't meet their payments. This home is sold via an auction process whereby the highest bidder wins the home, typically at prices affordable for lower-income families.

Description

Discover the remarkable opportunity to own a charming home at 205 SE 2nd Street, Hoxie, AR, priced to sell at $75,000. This inviting residence spans 1,424 square feet and features three generously sized bedrooms alongside a well-appointed bathroom, making it an ideal choice for families or investors alike. Recently enhanced with a new roof and gas appliances, the home also boasts updated LVP flooring throughout, ensuring both durability and aesthetic appeal. Significant improvements include the replacement of subflooring and floor joists in all three bedrooms, emphasizing the owner's commitment to quality and comfort. Currently rented for $600 per month and HUD qualified, this property not only offers immediate rental income but also presents a potential for increased earnings with an ARV rent of $850 per month, highlighting its investment potential. Whether you're looking to expand your rental portfolio or searching for a cozy family home, this property caters to all your needs. Don't miss this opportunity to invest in a home that combines charm, convenience, and financial savvy.