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  • $1,450,000

    1329 S Madison St, Jonesboro, AR 72401

    --beds
    --baths
    27,376sqft
    Apartment
    Built in 1984
    -- sqft lot
    $1,809,700 Zestimate®
    $53/sqft
    $1,588 Estimated rent

    What's special

    Investors! Here is your chance to expand your portfolio with Madison Square Apartments! This all brick property features 4 buildings with 26 units & a laundry facility. 4 units are 1 BR/1BA and 22 units are 2 BR/1.5BA. Building D (10 units) has been fully remodeled (new electrical & plumbing). 6-7 other units have been partially or fully updated. Located in the OPPORTUNITY ZONE! Units do not stay vacant long, and there is good potential for rent increases! Current occupancy rate is 96%

    Zillow last checked: 7 hours ago

    Listing updated: May 22, 2023 at 08:34am

    Listed by:

    Blair Cook 870-316-8778,

    Coldwell Banker Village Communities

    Bought with:

    NON MEMBER

    NON-MEMBER

    Source: CARMLS,MLS#: 23007092MLS Logo

    Facts & features

    Interior

    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Electric
    Appliances
    • Included: Electric Range, Dishwasher
    Features
    • Sheet Rock
    • Flooring: Partial Carpet, Vinyl
    Interior area
    • Total structure area: 27,376
    • Total interior livable area: 27,376 sqft

    Property

    Parking
    • Parking features: Other
    Features
    • Levels: Two
    Lot
    • Size: 0.84 Acres
    • Features: Level
    Details
    • Zoning: R2

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Apartment
    Materials
    • Brick
    • Foundation: Slab
    • Roof: Other
    Condition
    • New construction: No
    • Year built: 1984

    Utilities & green energy

    • Electric: Electric-Municipal
    • Gas: Gas-Natural
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Jonesboro
    • Subdivision: Nilsons

    Other

    Other facts
    • Listing terms: Other (see remarks),Cash
    • Road surface type: Paved
    Services availability
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    An equal housing lender. NMLS #10287.