422 N Grand St Searcy, AR 72143

This charming duplex is located less than a block from Harding University. Family-owned for decades and well-maintained, this duplex is in excellent condition with vinyl siding, renovated wood flooring, a recently replaced new roof, and the appliances convey. This duplex has a 1 bed, 1 bath in front and a 1 bed, 1 bath in the back; currently rented until May 31, 2024. It is located directly across the street from the College Church of Christ on Grand Street. There are five investment properties available on this block. Individual listed properties total $791,500 and do not include the adjacent lot on Moore street (market value of $20,000) that connects the properties to Moore Street. For $772,000, an investor would be getting a price break of: $19,500 - credit for under market value rent income 1 Additional lot included (~$20,000) value Price Includes approximately $15,000 in appliance value (8 rental units, and most of them have washer/dryer/dishwasher/refrigerator). 2 new roofs within the past 4 years Well-maintained Heating/Air units There is an option of building on the east side behind the existing units on a lot with access from River St.