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Listed by Craig Melton • ERA Doty Real Estate
$349,900
Est. payment /mo
3,072 SqFt
Active
SE Front Street Walnut Ridge, AR 72476
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Key Details
Property Type Condo
Sub Type Apartments
Listing Status Active
Purchase Type For Sale
Square Footage 3,072 sqft
Price per Sqft $113
Subdivision Orto'S Front
MLS Listing ID 10119375
Style 1 Story,Traditional
Annual Tax Amount $1,298
Tax Year 2023
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type Apartments
Property Description
Discover a prime investment opportunity in this 6-unit apartment complex, built in 2020 in Walnut Ridge, Arkansas. Featuring a durable metal roofing and low-maintenance vinyl siding, each unit offers one bedroom, one bathroom, and 100% current occupancy. The apartments showcase practical acid-stained concrete floors and a complete appliance package, including refrigerator, washer, and dryer. The property ensures modern building standards and energy-efficient features, minimizing immediate repair needs. Combined with modern amenities and full occupancy, makes this a standout investment opportunity. Ideal for seasoned investors or those entering the real estate market, this turn-key property offers a low-risk approach to generating consistent rental income and building generational wealth. The blend of contemporary design and practical functionality positions these six units as an exceptional investment with strong potential for continued financial performance.
Location
State AR
County Lawrence
Area Walnut Ridge
Zoning R-3
Interior
Interior Features Cable, Ceiling Fan(s), Smoke Alarm(s)
Heating Other
Flooring Concrete
Exterior
Exterior Feature Paved Streets
Roof Type Metal
Building
Sewer City Sewer
Schools
Elementary Schools Walnut Ridge
High Schools Walnut Ridge
Others
Tax ID 850-01619-000-C