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    79 Cr 141

    Corning, AR 72422
    • $299,900
    • STATUS: Active
    • ON SITE: 29 days
    • MLS #: 21026581
    UPDATED: 30 min ago
    $299,900
    • 0
      BEDS
    • 1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,600
      SQFT
    • $83
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    County:
    Area:

    School Ratings & Info

    Description

    *MASSIVE OPPORTUNITY to own a three year new, fully occupied and professionally managed,value added fourplex with a Cap rate of over 9%.Since new ownership has owned the property, rent has been increased by nearly $5000 annually as tenants are now responsible for their own,separately metered, electric. These 2 bed/1 bath units currently rent for $650/unit and have never remained vacant for longer than a week.Demand for quality rental units is extremely high in the Corning/Paragould.

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    © 2021 Cooperative Arkansas Realtors MLS. 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 United Country | Cozort. The data relating to real estate for sale or lease on this web site comes in part from CARMLS. Real estate listings held by brokerage firms other than United Country | Cozort are marked with the CARMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2021-09-16T06:42:40.03.
    www.ozarksunitedcountry.com/homes/120552231
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    79 Cr 141 Corning, AR 72422

    • Price: $299,900
    • Status: Active
    • Updated: 30 min ago
    • MLS #: 21026581
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1
    Acres
    3,600
    SQFT
    $83
    $/SQFT
    Neighborhood:
    Corning
    County:
    Clay
    Area:
    Clay County
    Property Description
    *MASSIVE OPPORTUNITY to own a three year new, fully occupied and professionally managed,value added fourplex with a Cap rate of over 9%.Since new ownership has owned the property, rent has been increased by nearly $5000 annually as tenants are now responsible for their own,separately metered, electric. These 2 bed/1 bath units currently rent for $650/unit and have never remained vacant for longer than a week.Demand for quality rental units is extremely high in the Corning/Paragould.
    Exterior Features

    Approx Lot Size 1.00 Exterior Type Metal/Vinyl Siding Foundation Slab Garage Parking Four Car Or MoreParking Pads Lot LevelCorner Lot New Construction No Property Type Fourplex Road Surface GravelPaved Roof Metal Style Ranch

    Interior Features

    Floors Concrete Heat And Air Central Cool-ElectricCentral Heat-Electric Kitchen Equipment Free-Standing StoveMicrowaveRefrigerator-Stays Stories One Story

    Property Features

    Annual Expenses 2400 Annual Income 31200 Annual Taxes 1751.66 Documents On File Property Disclosure Documents Online Property Disclosure Expenses Include TaxesTrashWater/Sewer Financing CashNew Loan-Conventional Foreclosure REO No Inside City Limits No One Bath Units 4 One Bedroom Maximum Rent 0 One Bedroom Minimum Rent 0 One Bedroom Units 0 Owner Agent Disclosure Listing Agent/Broker is Neither Possession At Closing Sale Or Rent For Sale Short Sale No Source Of Sq Ft Tax Records Tenant Expenses Electric Three Bedroom Maximum Rent 0 Three Bedroom Minimum Rent 0 Three Bedroom Units 0 Two Bedroom Maximum Rent 650 Two Bedroom Minimum Rent 650 Two Bedroom Units 4 Utilities Electric-Co-OpSewer-PublicWater-Public Warranty Normal Wrkng OrdrAs O&Amp;A Will Subdivide No Zoning Res

    Listing provided courtesy of Lisa Jackson of IMAGE Realty. © 2021 Cooperative Arkansas REALTORS® Multiple Listing Service.


    © 2021 Cooperative Arkansas Realtors MLS. 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 United Country | Cozort. The data relating to real estate for sale or lease on this web site comes in part from CARMLS. Real estate listings held by brokerage firms other than United Country | Cozort are marked with the CARMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2021-09-16T06:42:40.03.
     
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