NOT LISTED FOR SALE
-- Bed
-- Bath
6,480 Sq Ft
0.51 Acres

Last Sold September 24, 2021

Last sale price $865,000 $133 Per Sq Ft

153 Days on Market

Highlights

  • 0.51 Acre Lot
  • Property is near a park
  • Park
  • Holt Middle School Rated A-
  • Cooling Available
  • Partially Fenced Property

About This Home

As of September 2021

Perfect investment property. Located only 1 mile from University of Arkansas campus, this newly renovated townhome has tons of potential. Perfect investment returning a 7% cap rate. Home has a total of 6 units, each with 2 bedroom and 1.5 baths, complete with a private lot for parking. Featuring an open floor plan, new paint, updated flooring throughout, and gorgeous kitchen backsplash. With the location and the renovations of this property, this is an opportunity you do not want to miss!

Last Agent to Sell the Property

The Limbird Team

Limbird Real Estate Group Listed on: 03/24/2021

Last Buyer's Agent

Kyle Atkins

Arkansas Real Estate Group Fayetteville License #EB00080416

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,681

Year Built

  • Built in 2002

Lot Details

  • 0.51 Acre Lot
  • Partially Fenced Property
  • Chain Link Fence
  • Cleared Lot

Parking

  • No Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 6,480 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring

Kitchen

  • Convection Oven
  • Microwave
  • Dishwasher

Location

  • Property is near a park

Utilities

  • Cooling Available
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 6 / 1

Community Details

Overview

  • 6 Units
  • Hendrix Add Subdivision

Recreation

  • Park

Building Details

  • Gross Income $72,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,681

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.51
  • Road Frontage Type: None
  • Road Surface Type: None
  • Subdivision Name: Hendrix Add
  • Directions: Head north on College Ave, turn left on to North St, curve right on to Garland Ave, turn left on to Hendrix Ave, turn right on to Addington
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale (less than 25 years old)
  • Year Built: 2002
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Multi Family
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 2002

Interior Features

  • Appliances: Convection Oven, Dishwasher, Electric Water Heater, Microwave, Oven
  • Basement YN: No
  • Flooring: Vinyl
  • Interior Amenities: None
  • Living Area: 6480.0

Exterior Features

  • Fencing: Chain Link, Partial
  • Lot Features: Cleared, Near Park
  • Construction Type: Vinyl Siding
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Other

Condo/Co-op/Association

  • Community Features: Near Hospital, Near Schools, Park

Schools

  • Junior High Dist: Fayetteville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 6
  • Number Of Units Total: 6
  • Annual Gross Income: 72000.0

Tax Info

  • Tax Annual Amount: 4681.0
  • Tax Block: 1
  • Tax Lot: 6

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2021 09/24/21 Sold $865,000 -3.9% $133 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $900,000 -- $139 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1175383

Northwest Arkansas Board of REALTORS®