Traditional

622 S Wright Street

Siloam Springs , AR 72761

MLS#: 1298519

$329,900

Status: Active
Listing number: 1298519
Listing provided by: Keller Williams Market Pro Realty Bentonville West
Listing agent phone: None
Last update: 23 days ago
On site: 6 months ago
Browse Properties
CRANES ADD-SILOAM SPRINGS - Residential

Property

Beds

7

Full Baths

5

1/2 Baths

None

Year Built

1996

Sq.Footage

3,029

+/- 9% cap rate on actual financials! This excellent investment opportunity in Siloam Springs features a +/- 3,029 SF property with four fully occupied rental units. The property includes a mix of unit sizes: two 1-bed, 1-bath units, one 2-bed,1-bath unit, and one 3-bed, 2-bath unit, totaling 7 bedrooms and 5 bathrooms. Three of the units have contracted leases, while one operates on a month-to-month basis, with rental rates ranging from $600 to $1,100/mo. Each unit's cabinets have recently been replaced. The property does not feature central air, each unit is equipped with a window unit. The property consists of a two-story home and a detached home. Conveniently located just 350 feet from S Mt. Olive St. and only 0.5 miles from US. Highway 412 and Harps Food Stores, this property provides easy access to local amenities and major roadways, making it an attractive option for investors.

Features & Amenities

Interior

  • Other Interior Features

    Ceiling Fan(s)

  • Total Bedrooms

    7

  • Bathrooms

    5

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Window Unit(s)

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Other, Space Heater

Exterior

  • Garage

    No

  • Construction Materials

    Stucco

  • Parking

    Driveway, Unpaved, Paved

  • Patio and Porch Features

    Covered, Porch

  • Pool

    No

Area & Lot

  • Lot Features

    Corner Lot, City Lot, Level

  • Lot Size(acres)

    0.28

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Traditional

Price

  • Sales Price

    $329,900

  • Tax Amount

    2942.0

  • Zoning

    Residential

  • Sq. Footage

    3, 029

  • Price/SqFt

    $108

HOA

  • Association

    No

School District

  • Elementary School

    Siloam Springs

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Foundation Details

    Slab

  • Tax Lot

    12, 13

  • Water Source

    Public

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Location

County

Benton

Elementary School

Siloam Springs

Middle School

High School

Listing Courtesy of Salmonsen Group Realtors , Keller Williams Market Pro Realty Bentonville West

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Agent MikkiDennis

Broker / Owner / REALTOR®

MikkiDennis

Call Mikki today to schedule a private showing.

(479) 264-7433

mikki.dennis@gmail.com


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+/- 9% cap rate on actual financials! This excellent investment opportunity in Siloam Springs features a +/- 3,029 SF property with four fully occupied rental units. The property includes a mix of unit sizes: two 1-bed, 1-bath units, one 2-bed,1-bath unit, and one 3-bed, 2-bath unit, totaling 7 bedrooms and 5 bathrooms. Three of the units have contracted leases, while one operates on a month-to-month basis, with rental rates ranging from $600 to $1,100/mo. Each unit's cabinets have recently been replaced. The property does not feature central air, each unit is equipped with a window unit. The property consists of a two-story home and a detached home. Conveniently located just 350 feet from S Mt. Olive St. and only 0.5 miles from US. Highway 412 and Harps Food Stores, this property provides easy access to local amenities and major roadways, making it an attractive option for investors.

622 S Wright Street

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