Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1938
Sq.Footage
5,187
Income-producing multi-family property in the heart of Conway! Could utilize space as approximately eight apartments. This unique investment opportunity features multiple residential units totaling approximately 5,187 square feet on a 0.32-acre lot. Conveniently located near downtown Conway, the University of Central Arkansas, shopping, dining, and major employment centers, this property offers strong rental demand and excellent cash-flow potential. The versatile floor plan provides multiple living spaces, ample parking, and the flexibility for long-term rentals, student housing, or workforce housing. Bathtubs are currently sheet rocked over due to use as a daycare. Owner is willing to uncover and put back to full bathrooms. Could be used for office space as well. Historic character combined with investment potential makes this an excellent addition to any real estate portfolio. In years past is was a Fraternity house and most recently a daycare. Whether you’re a seasoned investor or looking to expand your rental holdings, this property offers a rare opportunity in one of Central Arkansas’s most desirable rental markets.
Features & Amenities
Interior
-
Other Interior Features
Pantry
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Central, Natural Gas, Zoned, Exhaust Fan
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Patio and Porch Features
Porch
-
Pool
No
Area & Lot
-
Lot Features
Level
-
Lot Size(acres)
0.32
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
-
Architectural Style
Craftsman
Price
-
Sales Price
$750,000
-
Tax Amount
$4,479.62
-
Zoning
Multi Fami
-
Sq. Footage
5, 187
-
Price/SqFt
$144
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Faulkner
Elementary School
Middle School
High School
Listing Courtesy of Jennifer Williams , Century 21 United
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