Skip main navigation
Sold for $40,000 on 11/17/22
  • $40,000

    123 County Road 687, Lake City, AR 72437

    0beds
    2,500sqft
    Single Family Residence, Manufactured Home
    Built in ----
    0.91 Acres Lot
    $-- Zestimate®
    $16/sqft
    $1,017 Estimated rent

    What's special

    For sale is approximately 1 acre in Bowman, Arkansas, between Jonesboro and Lake City. There are 2 parcels of land, one is .91 acres and the other is 0.1 acre. There are 2 manufactured homes and one house on the property that are used for rental income. Each trailer rents for $450/month and the tenant in the house does not pay rent because he is like a repair man who works for the owner. The manufactured homes bring in $900/month and the tenants pay on time every month. The tenant in the house does not currently pay rent because he is supposed to be maintaining the property but there is potential for additional rent off the house. There is also a metal shop building that can be used for a garage or workshop. The entire property is fenced in and the yard appears to be taken care of. Parcel 12-145251-00400 is .91 acresParcel 12-146302-00800 is 0.1 acresBoth parcels are included in the sale and they contain 2 manufactured homes (trailers) and an older home. There are tenants in all 3 homes but only the tenants in the trailers are currently paying rent. The house has potential for rental income as well. Metal shop building also on the property.Both trailers appear to be well maintained on the outside and the tenants keep their yards looking good and pay rent on time. The house needs work and the yard around it needs cleaning up and organized however it does have potential to rent for $450-500/month.

    Zillow last checked: 7 hours ago

    Listing updated: November 18, 2022 at 11:39pm

    Listed by:

    Dimitri Harris 870-897-6703,

    Jonesboro Realty Company

    Bought with:

    Dimitri Harris, 00084919

    Jonesboro Realty Company

    Source: Northeast Arkansas BOR,MLS#: 10100282

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    Bedroom 2
    • Level: Main
    Basement
    • Area: 0
    Interior area
    • Total structure area: 2,500
    • Total interior livable area: 2,500 sqft
    • Finished area above ground: 2,500

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached
    • Garage spaces: 1
    Features
    • Levels: One
    • Fencing: 3 Side,Back Yard,Chain Link
    Lot
    • Size: 0.91 Acres
    • Features: Level, Shade Trees
    Details
    • Additional structures: Outbuilding, Workshop
    • Parcel number: 1214525100400

    Construction

    Type & style
    • Home type: MobileManufactured
    • Architectural style: 1 Story,Other
    • Property subtype: Single Family Residence, Manufactured Home
    Materials
    • Metal Siding, Wood Siding, Other
    • Roof: 3-Tab Shingles,Metal
    Condition
    • Year built: 0

    Utilities & green energy

    • Electric: Craighead Electric
    • Gas: Natural Gas, Natural Gas Available
    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Natural Gas Connected, Natural Gas Available

    Community & neighborhood

    Location
    • Region: Lake City
    Services availability