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For sale
  • $969,900

    3701 School St #3705, Jonesboro, AR 72401

    --beds
    0baths
    7,627sqft
    : 
    Apartment
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $127/sqft
    $-- HOA

    What's special

    The multifamily property located at 3701, 3703, 3705 School St, Jonesboro, AR 72401, presents an exceptional investment opportunity. Comprising two quadplexes and one duplex, the property includes a total of 10 units, each featuring 2 bedrooms and 1 bathroom. Situated in a prime location in Jonesboro, this property offers easy access to local amenities, schools, and public transportation, making it highly desirable for tenants. The 2-bedroom units are perfect for small families, professionals, and students, ensuring steady rental demand.With 10 units available, this property promises significant rental income potential, enhancing investment returns. The well-maintained condition of the properties minimizes immediate capital expenditure needs, providing a hassle-free investment experience. As Jonesboro is a growing market with increasing property values, there is potential for property appreciation in addition to rental income. Owning multiple units in close proximity offers management efficiency and cost savings, while multifamily properties provide a diversified income stream, reducing risk compared to single-family investments. Positioned to attract a broad tenant base, this multifamily property ensures high occupancy rates. Overall, the portfolio of 2 quadplexes and 1 duplex on School St in Jonesboro, AR, represents a compelling investment, combining strategic location, high rental demand, and strong income potential.
    334 days
    on Zillow
    |
    87
    |
    7
    |

    Zillow last checked: 7 hours ago

    Listing updated: January 29, 2025 at 07:01am

    Listed by:

    Landon Wilson 870-514-5578,

    Halsey Thrasher Harpole 870-972-9191

    Source: Northeast Arkansas BOR,MLS#: 10115828
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 3701 School St #3705.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Central
    Cooling
    • Central Air
    Interior area
    • Total structure area: 7,627
    • Total interior livable area: 7,627 sqft

    Property

    Parking
    • Total spaces: 20
    • Parking features: 2 Spaces/Unit
    Features
    • Levels: One
    Lot
    • Size: 0.81 Acres
    Details
    • Parcel number: 0114427227700

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: 1 Story
    • Property subtype: Apartment
    Materials
    • Vinyl Siding
    • Roof: Shingle
    Condition
    • Year built: 0

    Utilities & green energy

    • Electric: Separate Meters
    • Sewer: City Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Jonesboro

    Financial & listing details

    • Price per square foot: $127/sqft
    • Date on market: 7/16/2024
    • Total actual rent: 0
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