2012 Martin Street,Conway, AR 72034-0000
Conway, AR 72034-0000
Description
Income-producing multi-family property in the heart of Conway! Could utilize space as approximately eight apartments. This unique investment opportunity features multiple residential units totaling approximately 5,187 square feet on a 0.32-acre lot. Conveniently located near downtown Conway, the University of Central Arkansas, shopping, dining, and major employment centers, this property offers strong rental demand and excellent cash-flow potential. The versatile floor plan provides multiple living spaces, ample parking, and the flexibility for long-term rentals, student housing, or workforce housing. Bathtubs are currently sheet rocked over due to use as a daycare. Owner is willing to uncover and put back to full bathrooms. Could be used for office space as well. Historic character combined with investment potential makes this an excellent addition to any real estate portfolio. In years past is was a Fraternity house and most recently a daycare. Whether you’re a seasoned investor or looking to expand your rental holdings, this property offers a rare opportunity in one of Central Arkansas’s most desirable rental markets.
Details
| MLS # | 26024396 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | For-sale |
| Status | Active |
| Year | 1938 |
| Days On Site | 89 |
| Listing Provided By | Century 21 United | Jennifer Williams |
Features
| Story(s) | 3 |
|---|---|
| Units | 8 |
| Zoning | Multi Fami |
| Acreage | 0.32 |
Exterior
| Exterior | Metal/Vinyl Siding |
|---|---|
| Roof | Architectural Shingle |
| Foundation | Crawl Space |
Utilities
| Utilities | Sewer-Public, Water-Public, Electric-Municipal, Gas-Natural, TV-Cable, All Underground |
|---|
Taxes
| Property | 4479 |
|---|
Area Information
| State | AR |
|---|---|
| County | Faulkner |
| City | Conway |
| Zip Code | 72034-0000 |
| Area | CONWAY OLD TOWN |
| Subarea | CONWAY OLD TOWN |
| Community Name | Boulevard |
| Listing VS Median (in Boulevard) | |
Price: $495,000 low | high Med: $15,000 On site: 89 low | high Med: 59 | |
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Learn More About This Property
| State | AR |
|---|---|
| County | Faulkner |
| City | Conway |
| Zip Code | 72034-0000 |
| Area | CONWAY OLD TOWN |
| Subarea | CONWAY OLD TOWN |
| Community Name | Boulevard |
| Listing VS Median (in Boulevard) | |
Price: $495,000 low | high Med: $15,000 On site: 89 low | high Med: 59 | |
