Farmhouse, Historic Antique

515 S Washington Street

Siloam Springs, AR 72761

MLS#: 1366842

$399,900

Status: Active
Listing number: 1366842
Listing provided by: Keller Williams Market Pro Realty - Siloam Springs
Listing agent phone: None
Last update: 14 hours ago
New on site 2 days ago
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Carters Add Siloam Spgs - Residential

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1920

Sq.Footage

2,637

Historic farmhouse compound on a half-acre lot with mature oaks, steps from Chautauqua Park, the library, and historic downtown Siloam Springs. Three separate rentals on one parcel: a 3 bed/2 bath main house, a 1 bed/1 bath suite, and a detached 2 bed barndominium, 2,637 sq ft in total. Fully renovated with all new plumbing and modern systems throughout; original hardwood floors and ceilings refinished with the character left intact. Detached 2-car garage. Fully leased and cash flowing from day one with professional property management in place: $46,200 gross annual rent, $31,492 NOI, 7.88% cap rate at list price. Tenants are on 30-day notice, so a buyer can hold or reposition. A strong fit for a 1031 exchange.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Natural Gas, Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Aluminum Siding, Wood Siding

  • Parking

    Detached, Garage, Other, Asphalt

  • Patio and Porch Features

    Porch

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.52

  • Property Type

    Residential

  • Property Sub Type

    Multi Family

  • Architectural Style

    Farmhouse, Historic Antique

Price

  • Sales Price

    $399,900

  • Tax Amount

    $2,150

  • Sq. Footage

    2,637

  • Price/SqFt

    $151

HOA

  • Association

    N/A

School District

  • Elementary School

    Siloam Springs

  • Middle School

    Siloam Springs

  • High School

    Siloam Springs

Property Features

  • New Construction

    NO

  • Tax Lot

    1

  • Water Source

    Public

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Location

County

Benton

Elementary School

Siloam Springs

Middle School

Siloam Springs

High School

Siloam Springs

Listing Courtesy of Jason Lanker, Keller Williams Market Pro Realty - Siloam Springs

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Agent Erika Nava

REALTOR® | Hablo Español

Erika Nava

Call Erika today to schedule a private showing.

(479) 567-6061

erikarealtor92@gmail.com


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Historic farmhouse compound on a half-acre lot with mature oaks, steps from Chautauqua Park, the library, and historic downtown Siloam Springs. Three separate rentals on one parcel: a 3 bed/2 bath main house, a 1 bed/1 bath suite, and a detached 2 bed barndominium, 2,637 sq ft in total. Fully renovated with all new plumbing and modern systems throughout; original hardwood floors and ceilings refinished with the character left intact. Detached 2-car garage. Fully leased and cash flowing from day one with professional property management in place: $46,200 gross annual rent, $31,492 NOI, 7.88% cap rate at list price. Tenants are on 30-day notice, so a buyer can hold or reposition. A strong fit for a 1031 exchange.

515 S Washington Street

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