Build your investment property portfolio with these 3 buildings with 2 units each. Units currently renting at $1000/month. These 3 buildings are located on a corner lot at S. Floyd and W. Monroe Avenue. Each of the 6 very nice units are two level with the 1st floor having the open livingroom with kitchen + dining area including a breakfast bar, half bath and laundry closet. The upper level has 2 good-sized bedrooms with large, custom walk-in closets and a large full bath with linen closet.
Off market
$786,100
1301 W Monroe Ave, Jonesboro, AR 72401
12beds
12baths
2,137sqft
MultiFamily
Built in 2018
-- sqft lot
$786,100 Zestimate®
$368/sqft
$864 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 12
Heating
- Forced air, Electric
Cooling
- Central
Appliances
- Included: Dishwasher, Range / Oven, Refrigerator
Features
- Ceiling Fan(s), Breakfast Bar, Walk-In Closet(s), Washer Connection, Hot Water Heater-Electric
- Flooring: Concrete
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Structure area source: Tax Records
- Total interior livable area: 2,137 sqft
Property
Parking
- Total spaces: 2
- Parking features: Off-street
Features
- Patio & porch: Porch, Covered
- Exterior features: Brick
- Fencing: Partial, Wood
Lot
- Size: 0.49 Acres
- Features: Level, Corner Lot, Cleared, In Subdivision
- Topography: Level
Details
- Parcel number: 0114313315600
- Zoning: R2
- Zoning description: R2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story, Contemporary
Materials
- masonry
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 2018
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Cable Connected, Water Connected, Sewer Connected
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Jonesboro
Other
Other facts
- BuildingFeatures: DSL/Cable Available
- Sewer: Public Sewer
- WaterSource: Public
- RoadSurfaceType: Paved
- Topography: Level
- Zoning: R2
- Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator-Stays, Free-Standing Stove, Washer Connection, Dryer Connection-Electric
- InteriorFeatures: Ceiling Fan(s), Breakfast Bar, Walk-In Closet(s), Washer Connection, Hot Water Heater-Electric
- ArchitecturalStyle: Two Story, Contemporary
- HeatingYN: true
- Utilities: Electricity Connected, Cable Connected, Water Connected, Sewer Connected
- CoolingYN: true
- FoundationDetails: Slab
- NumberOfUnitsTotal: 6
- LeaseTerm: 12 Months
- ConstructionMaterials: Brick, Sheet Rock
- Roof: Composition
- StoriesTotal: 2
- LotFeatures: Level, Corner Lot, Cleared, In Subdivision
- NumberOfUnitsInCommunity: 6
- Flooring: Concrete
- ElectricOnPropertyYN: True
- OperatingExpenseIncludes: Other, Water/Sewer, New Tax, Insurance, Electric
- Fencing: Partial, Wood
- CommonWalls: 2+ Common Walls
- BuildingAreaSource: Tax Records
- OpenParkingYN: true
- GrossIncome: 72000
- PatioAndPorchFeatures: Porch, Covered
- CurrentFinancing: Cash, New Loan-Conventional
- SecurityFeatures: Smoke Detector(s)
- LotSizeSource: Tax Records
- ZoningDescription: R2
- StructureType: Apartments
- Cooling: Central Cool-Electric
- Heating: Central Heat-Electric
- MlsStatus: Price Change
- TaxAnnualAmount: 3600
- NetOperatingIncome: 50540
- OperatingExpense: 21460
- Road surface type: Paved
Services availability
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