Remarks

Rare income producing rental property in Searcy County, AR just 3 blocks from the courthouse square in Marshall. This property comes complete with a property manager’s 2,006 square foot home & 4 apartments in a separate building next door. You could live in the home yourself & oversee your investment or hire a property manager to live on site to manage the property for you. 3 of the 4 units have been newly remodeled. New wiring & new plumbing as needed for all 4 apartments. The remodel job for apartment #3 is not complete. Some work has been done but more is needed before it would be ready to rent. The other 3 are move in ready & waiting for renters now. This property has been monthly rentals for more than 40 years. The new buyer will have to complete the remodel job for apartment #3.

Details

MLS#: 23033862
Price: $389,000

Style: Building and Land
Sq Ft: 4942
Year Built: 1950

County: Searcy
Subdivision: Metes & Bounds
Lot Size: 0.60 acres
Tax Fee: 832