205 Lincoln, Earle, AR 72331

$289,900
2,646
SqFt

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List Price
$289,900
Status
ACTIVE
MLS#
26040885
Style
Ranch
Year Built
1999
Living Area
2,646
Acres
0.37
Region
Crittenden County
Subdivision
Rhodes

Property Description

Welcome to Market Lincoln Apartments. Fully Occupied and renovated 4 unit property offering immediate rental income and future growth potential. The property features two 4 bdrm units and two 3 bdrm units, all separately metered with tenants responsible for utilities. Additional income is generated from four storage spaces. Improvements include newer roofs, newer hot water heaters, appliances, window units, and lite cosmetic interior upgrades. Current gross scheduled income is $37,080 annually, with projected potential of $43,680. Excellent opportunity for investors looking to expand their rental portfolio with an income producing asset. Buyer to verify all financials, rents, expenses, and property details. No wholesale, assignment, or creative financing offers will be considered. Financials available upon request. Managed by seller. Please do not disturb tenants. No showings without an accepted offer.

Additional Information

Taxes
$1,658
Interior Features
Washer Connection, Dryer Connection-Electric, Hot Water Heater-Gas, Smoke Detector
Floors
Laminate
Exterior
Metal/Vinyl Siding
Roof
Architectural Shingle
Elementary School
EARLE
Middle School
EARLE
High School
EARLE
Parking Description
Four Car or More, Parking Pads

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Listing courtesy of Compass Rose Realty.