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Listed by Prudence Fraze • JCS Realty
$179,000
Est. payment /mo
2,136 SqFt
Active
Flint Street Jonesboro, AR 72401
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,136 sqft
Price per Sqft $83
Subdivision Burns
MLS Listing ID 10125182
Annual Tax Amount $1,102
Tax Year 2023
Property Sub-Type Duplex
Property Description
Two buildings, three income streams, one closing. This offering pairs a duplex with a freestanding commercial building on a single parcel in the Downtown Jonesboro Redevelopment District, priced at $57 per square foot across 2,136 total square feet. The duplex holds two 1 bedroom, 1 bath units, each with its own living room and kitchen with range, refrigerator, and dishwasher. Both are currently rented and produce a combined $1,550 per month, with modest room to move toward market rates at turnover. The commercial building is leased to a music store, adding a third income stream and a working storefront on Flint Street. The location does real work here: the Redevelopment District continues to pull investment toward downtown Jonesboro, and parcels that combine residential and commercial income rarely surface at this price. Hold it as-is for cash flow, improve rents over time, or position it for redevelopment as downtown grows. A financial summary is available, with full detail provided to qualified buyers. Quick facts: Duplex with two 1 bed, 1 bath units, both occupied, $1,550 per month combined. Commercial building leased at $600 per month, music store tenant. 2,136 total SF per tax records. Paved parking. 2023 taxes $1,102. City water, CW&L electric, natural gas. Showings by appointment, 24-hour notice; please do not disturb tenants. Possession at closing, subject to leases.
Location
State AR
County Craighead
Area D
Interior
Interior Features Ceiling Fan(s)
Heating Other
Cooling Wall/Window Unit
Flooring Other/See Remarks
Exterior
Roof Type Other/See Remarks
Building
Sewer City Sewer
Schools
Elementary Schools Jonesboro Magnet
High Schools Jonesboro High School
Others
Tax ID 01-144192-00300
NEARBY SCHOOL & BUSINESS
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