25
See all 25 photos
Listed by Craig Melton • Coldwell Banker Village Communities Inc
$149,900
Est. payment /mo
101 SqFt
New
4 Properties Allen Avenue Other, AR 72401
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Other Types
Sub Type Bundled Only
Listing Status Active
Purchase Type For Sale
Square Footage 101 sqft
Price per Sqft $1,484
Subdivision Meyers
MLS Listing ID 10130990
Property Sub-Type Bundled Only
Property Description
Investor opportunity in Jonesboro with a high cash flow rental package and future upside potential. This package includes 400 E Allen Avenue vacant lot, 402 E Allen Avenue rented at $500/month, 404 E Allen Avenue rented at $1,000/month, and 404 1/2 E Allen Avenue rented at $600/month, for a total current rent of $2,100/month. Tenants pay utilities, helping keep operating expenses lean. All parcels are zoned R-3, creating potential value-add opportunities through property upgrades, rent growth, improved management, or possible multifamily development, subject to city approval and buyer verification. Flood Zone X designation adds another positive layer for investor review. Whether you are looking for immediate income, long-term hold potential, or a redevelopment play, this package offers multiple paths to increase value over time.
Location
State AR
County Other
Area Other
Exterior
Parking Features Other
Building
Foundation Crawl Space, Slab
Sewer City Sewer
Water City
Schools
Elementary Schools Other
High Schools Other
Others
Tax ID New, Under Construction or Bundled Only
Acceptable Financing Cash
Listing Terms Cash
GET MORE INFORMATION