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2012 Martin Street, Conway, AR 72034

$750,000
  • 2012 Martin Street, Conway, AR 72034 Main Photo

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New to the Market New Listing
BEDS0 BATHS SQUARE FEET5,187 MLS#26024396
STATUSNew Listing PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONBoulevard NEIGHBORHOODCONWAY - OLD TOWN

Property Description

Income-producing multi-family property in the heart of Conway! Could utilize space as approximately eight apartments. This unique investment opportunity features multiple residential units totaling approximately 5,187 square feet on a 0.32-acre lot. Conveniently located near downtown Conway, the University of Central Arkansas, shopping, dining, and major employment centers, this property offers strong rental demand and excellent cash-flow potential. The versatile floor plan provides multiple living spaces, ample parking, and the flexibility for long-term rentals, student housing, or workforce housing. Bathtubs are currently sheet rocked over due to use as a daycare. Owner is willing to uncover and put back to full bathrooms. Could be used for office space as well. Historic character combined with investment potential makes this an excellent addition to any real estate portfolio. In years past is was a Fraternity house and most recently a daycare. Whether you???re a seasoned investor or looking to expand your rental holdings, this property offers a rare opportunity in one of Central Arkansas???s most desirable rental markets.

2012 Martin Street | MLS# 26024396

This multi-family property located at 2012 Martin Street, Conway, AR 72034 is currently listed for sale with an asking price of $750,000. Search Conway - Old Town real estate on bratcherteam.crye-leike.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central
Fenced: Yes
Heating: Central Heat, Zoned Units
Home Style: Craftsman
Lot Size: 0.32 Acres
Roof Type: Architectural Shingle
Stories: 3.0
Taxes: $4,479
Year Built: 1938

Amenities

Washer Connection
Dryer Connection-Electric
Hot Water Heater-Gas
Smoke Detector
Fireplace - Woodburning
Fully Fenced
Porch
Wood Fence

Feature Descriptions

Appliance(s)/Kitchen Equipment: Built-In Stove, Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Pantry, Ice Maker Connection, Exhaust Fan
Area Amenities: Manager Apartment
Expenses Include: Taxes, Insurance, Maint./Lawn Care
Exterior: Metal/Vinyl Siding
Lot Dimensions: 0.32 acre(s)
Parking Notes: Parking Pads, Other (see remarks)
Sewer: Public Sewer
Units: 8
Water: Public Water

Listed By / Shown By

Listed By

Agency Name: Century 21 United
Agency Phone: 501-223-2521

Shown By

Agent Name: Bratcher Team
Agent Phone: (971) 237-2147
Agency Title: Crye-Leike Real Estate Services

IDX logo

Source: Arkansas MLS

Estimate Your Payment

Estimated Payment

$ 2,261.17 per month $1,669.17 Principal & Interest $373.25 Property Tax $218.75 Homeowner's Insurance

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