$280,000
234 N 26th Street Arkadelphia, AR 71923
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$280,000
Est. payment /mo
2,304 SqFt
Price Dropped by $20K
234 N 26th Street Arkadelphia, AR 71923
UPDATED:
10/02/2024 06:19 AM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,304 sqft
Price per Sqft $121
Subdivision Arkadelphia
MLS Listing ID 24019650
Style Traditional
Year Built 1985
Annual Tax Amount $600
Lot Size 0.320 Acres
Acres 0.32
Property Description
Ideal investor property located in Arkadelphia. The property consists of two duplexes situated between 26th and 25th st with each building situated on each street. The units are 2 bed and 1 bath units with newer window units and space heaters in each room. Some new appliances as the current owner moves to all electric. Each building has a 10KW solar system installed for a total of 20KW for the property. In 2023 the system generated 24 MEGAWATTS of electricity for a nearly $3000 savings on electric bills. The sale price includes the solar power and the warranty through April 2047. Units are currently occupied at a total monthly gross rental income of $2690, with a total net per month at $1900 after utilities, taxes, and insurance. Please allow 24 hours to schedule a showing.
Location
State AR
County Clark
Area Arkadelphia
Zoning Res
Rooms
Kitchen Free-Standing Stove, Refrigerator-Stays
Interior
Heating Window Units, Space Heater-Electric
Flooring Partial Carpet, Vinyl
Equipment Free-Standing Stove, Refrigerator-Stays
Exterior
Garage Parking Pads
Utilities Available Sewer-Public, Water-Public, Electric-Municipal, Gas-Natural
Roof Type Composition
Building
Lot Description Level
Foundation Crawl Space
New Construction No
Listed by Bluebird Real Estate, LLC • Rob Redding
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