NOT LISTED FOR SALE

600 & 606 E Allen Ave Springdale, AR 72764

-- Bed
-- Bath
15,344 Sq Ft
0.45 Acres

Last Sold October 14, 2016

Last sale price $1,117,500 $73 Per Sq Ft

32 Days on Market

Highlights

  • 0.45 Acre Lot
  • Cooling Available
  • Landscaped
  • Double Pane Windows
  • Ceramic Tile Flooring
  • 2-minute walk to Luther George Grove Street Park

About This Home

As of October 2016

Across the street from Park, near senior center, walking distance to downtown. Property well kept & maintained. Rents are under valued compared to like one bed one bath units in Springdale & Fayetteville area. Along with Fortune 500 corporate presence, ongoing downtown renovation is bringing retail shopping, fine dining, entertainment, and much more. This presents a wonderful investment opportunity in a great location.

Last Agent to Sell the Property

Pat Kennedy

Gibson Real Estate License #SA00075505 Listed on: 08/12/2016

Last Buyer's Agent

Tim Stein

Collier & Associates License #EB00070060

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,127

Lot Details

  • 0.45 Acre Lot
  • Landscaped

Parking

  • No Driveway

Home Design

  • Slab Foundation
  • Metal Roof
  • Stucco

Interior Spaces

  • 15,344 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Fire and Smoke Detector

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Location

  • City Lot

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 8 & 10 / 5

Community Details

Overview

  • 28 Units
  • Picnic Add Subdivision

Building Details

  • Operating Expense $29,950
  • Gross Income $104,220
  • Net Operating Income $74,270

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,127

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential
  • Lot Size Acres: 0.45
  • Road Frontage Type: Public Road
  • Subdivision Name: Picnic Add
  • Directions: Emma to Allen turn south go one block
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: 25 Years or older
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Apartment,Multi Family
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Range, Refrigerator
  • Basement YN: No
  • Flooring: Carpet, Ceramic Tile, Laminate, Simulated Wood
  • Living Area: 15344.0
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Lot Features: City Lot, Landscaped
  • Exclusions: none
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Roof: Metal

Garage/Parking

  • Parking Features: Other, See Remarks, No Driveway

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Schools

  • Junior High Dist: Springdale

Lot Info

  • Zoning Description: Multi Family
  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 28
  • Number Of Units Total: 28
  • Annual Gross Income: 104220.0
  • Property Net Operating Income: 74270.0
  • Annual Operating Expense: 29950.0

Tax Info

  • Tax Annual Amount: 5127.0
  • Tax Block: 5
  • Tax Lot: 8 & 10

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft
10/14/2016 10/14/16 Sold $1,117,500 -4.9% $73 / Sq Ft
09/14/2016 09/14/16 Pending -- -- --
08/12/2016 08/12/16 For Sale $1,175,000 -- $77 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Pat Kennedy

    Gibson Real Estate

    (479) 619-7370

    1 in this area

    16 Total Sales

    Pat Kennedy
    Section Image

  • T

    Buyer's Agent in 2016

    Tim Stein

    Collier & Associates

See All Agents

Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1024349

Northwest Arkansas Board of REALTORS®
Arkansas Washington County Springdale 72764

600 & 606 E Allen Ave, Springdale, AR

Not Listed for Sale

MultiFamily

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