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%
Closed
$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
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#: 23007092

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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