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509-515 W Spruce Street

Fayetteville, AR 72703
  • $560,000
  • STATUS: Active
  • ON SITE: 20 Days
  • MLS #: 1292319
UPDATED: 6 min ago
$560,000
  • 0
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,200
    SQFT
  • $175
    $/SQFT
Neighborhood:
Type:
Multi-Family
County:
Area:

School Ratings & Info

School District:

Description

Investment gem within 1 mile of U of A campus in a high-demand market with under 2% vacancy! This four-plex offers excellent value-add potential, making it an ideal choice for investors looking to maximize returns. With rental rates currently well below market value, there's immediate upside for savvy buyers ready to reposition and increase cash flow. The location is unbeatable for student and professional renters, promising a steady occupancy and income stream. Don't miss this rare opportunity in Fayetteville's competitive rental marketperfect for capitalizing on rising rental trends! Taxes and legal TBD, in the process of splitting off.

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© 2024 Northwest Arkansas Board of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or McMullen Realty Group. Data last updated: 2024-12-10T12:26:19.607.
www.mcmullenrealtynwa.com/homes/158023005
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509-515 W Spruce Street Fayetteville, AR 72703

  • Price: $560,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 6 min ago
  • MLS #: 1292319
0
Beds
0
Baths
0
½ Baths
0.33
Acres
3,200
SQFT
$175
$/SQFT
Neighborhood:
Fred Holden Add
County:
Washington
Area:
Washington
School District:
FAYETTEVILLE
Property Description
Investment gem within 1 mile of U of A campus in a high-demand market with under 2% vacancy! This four-plex offers excellent value-add potential, making it an ideal choice for investors looking to maximize returns. With rental rates currently well below market value, there's immediate upside for savvy buyers ready to reposition and increase cash flow. The location is unbeatable for student and professional renters, promising a steady occupancy and income stream. Don't miss this rare opportunity in Fayetteville's competitive rental marketperfect for capitalizing on rising rental trends! Taxes and legal TBD, in the process of splitting off.
Exterior Features

Carport YN No Construction Materials Brick Fencing None Garage YN No Levels Two Lot Features Cul- De- Sac Near Park Parking Features Assigned Asphalt Road Frontage Type Shared Roof Architectural Shingle

Interior Features

Appliances Dryer Dishwasher Electric Range Gas Water Heater Microwave Washer Basement YN No Cooling Central Air Cooling YN Yes Flooring Ceramic Tile Luxury Vinyl Luxury Vinyl Plank Foundation Details Block Heating Central Heating YN Yes Interior Features None Security Features Fire Alarm

Property Features

Association Fee 320 Association Fee Frequency Monthly Association Fee Includes Maintenance Grounds Trash Association YN Yes Community Features Near Fire Station Near Hospital Near Schools Park New Construction YN No Property Sub Type Quadruplex Special Listing Conditions None Tax Annual Amount 4000 Year Built Details 25 Years or older

Listing provided by Collier & Associates: 479-274-0662.


© 2024 Northwest Arkansas Board of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or McMullen Realty Group. Data last updated: 2024-12-10T12:26:19.607.
 
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McMullen Realty Group
1800 S 52nd St, Suite 106
Rogers AR, 72758