NOT LISTED FOR SALE

34,36,38,40,42,44,46 Wilma Ave Farmington, AR 72730

-- Bed
-- Bath
10,114 Sq Ft
0.37 Acres

Last Sold May 06, 2022

Last sale price $843,000 $83 Per Sq Ft

15 Days on Market

Highlights

  • Eat-In Kitchen
  • Double Pane Windows
  • Shops
  • Fayetteville High School Rated A
  • Cooling Available
  • Ceramic Tile Flooring

About This Home

As of May 2022

Turn key investment opportunity near the heart of Fayetteville.Property is only 8 minutes from the University of Arkansas and Baum Stadium. Units have a townhome floorplan with two bedrooms, one full bath and one half bath. All units are occupied with month to month leases. Tenants have been there long term. Property consists of two parcels. Parcel # 760-16999-000 also included.DO NOT DISTURB TENANTS

Last Agent to Sell the Property

Eden Bivin

Crye-Leike REALTORS, Springdale License #SA00066562 Listed on: 03/10/2022

Crye-Leike REALTORS, Springdale

Last Buyer's Agent

Eden Bivin

Crye-Leike REALTORS, Springdale License #SA00066562 Listed on: 03/10/2022

Crye-Leike REALTORS, Springdale

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,645

Year Built

  • Built in 1993

Lot Details

  • 0.37 Acre Lot
  • Back Yard Fenced
  • Landscaped
  • Level Lot

Parking

  • Assigned Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 10,114 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Location

  • City Lot

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6 and 7

Community Details

Overview

  • 8 Units
  • Longwith Add Ph II Subdivision

Amenities

  • Shops

Building Details

  • Operating Expense $14,981
  • Gross Income $62,330
  • Net Operating Income $47,349

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,645

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.37
  • Road Frontage Type: Public Road
  • Subdivision Name: Longwith Add Ph II
  • Directions: I49 to Martin Luther King exit, west on Martin Luther King to Farmington, East on Old Farmington, South on Sprague Lane, East on Longwith St, South on Wilma
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: 25 Years or older
  • Year Built: 1993
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Multi Family,Other
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1993

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Has Basement: None
  • Basement YN: No
  • Flooring: Ceramic Tile, Laminate, Simulated Wood
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Living Area: 10114.0
  • Window Features: Double Pane Windows, Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Back Yard
  • Lot Features: City Lot, Landscaped, Level
  • Construction Type: Brick
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Schools, Shopping

Schools

  • Junior High Dist: Farmington

Lot Info

  • Additional Parcels Description: 760-01699-000
  • Zoning Description: Multi Family
  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 8
  • Number Of Units Total: 8
  • Annual Gross Income: 62330.0
  • Property Net Operating Income: 47349.0
  • Annual Operating Expense: 14981.0

Tax Info

  • Tax Annual Amount: 5645.0
  • Tax Block: N/A
  • Tax Lot: 6 and 7

Range of Values:

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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 List to Sale Price per Sq Ft
05/06/2022 05/06/22 Sold $843,000 +1.0% $83 / Sq Ft
03/25/2022 03/25/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $834,900 0.0% $83 / Sq Ft
03/11/2022 03/11/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $834,900 -- $83 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2022

    Eden Bivin

    Crye-Leike REALTORS, Springdale

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1211509

Northwest Arkansas Board of REALTORS®
Arkansas Washington County Farmington 72730

34,36,38,40,42,44,46 Wilma Ave, Farmington, AR

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Northwest Arkansas Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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