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Listed by Janie Hay • Select Properties
$825,000
Est. payment /mo
10,580 SqFt
Active
Flint Street Jonesboro, AR 72401
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Key Details
Property Type Condo
Sub Type Apartments
Listing Status Active
Purchase Type For Sale
Square Footage 10,580 sqft
Price per Sqft $77
Subdivision Ragsdale
MLS Listing ID 10131471
Annual Tax Amount $4,697
Tax Year 2025
Lot Size 0.420 Acres
Acres 0.42
Property Sub-Type Apartments
Property Description
Excellent investment opportunity in the heart of Jonesboro! This well maintained 12-unit apartment complex is ideally located on the corner of Flint Street and Cherry Avenue, offering convenient access to shopping, restaurants, schools, and major roadways. The property consists of nine (9) 2-bedroom, 1-bath units and three (3) 1-bedroom, 1-bath units, providing a desirable mix of floor plans that appeal to a wide range of tenants. Residents enjoy the convenience of a shared on-site laundry facility with coin-operated washers and dryers, as well as private parking. The property has a strong rental history with consistent occupancy and offers significant upside potential for investors. Current rents present an opportunity for future increases, allowing a new owner to enhance cash flow and maximize returns over time. Tenants are responsible for all utilities, each having separate meters. Whether you're looking to expand your investment portfolio or acquire an income-producing asset with value-add potential, this apartment complex is one you won't want to miss. Financial information, current rent roll, and additional income and expense details are available upon request.
Location
State AR
County Craighead
Area D
Interior
Heating Wall Heater
Cooling Wall/Window Unit
Flooring Ceramic, Hardwood
Exterior
Exterior Feature Storage Room
Roof Type 3-Tab Shingles,Architectural Shingle
Building
Sewer City Sewer
Schools
Elementary Schools Jonesboro Magnet
High Schools Jonesboro High School
Others
Tax ID 01-144192-31300
NEARBY SCHOOL & BUSINESS
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