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414/416 State Street Dardanelle, AR 72834
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Key Details
Sold Price $120,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,000 sqft
Price per Sqft $120
Subdivision Dardanelle
MLS Listing ID 24005485
Sold Date 04/12/24
Style Traditional
Year Built 1992
Annual Tax Amount $599
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type Duplex
Property Description
Welcome to a prime investment opportunity in the heart of Dardanelle, Arkansas! This property features two separate units, offering flexibility and potential for rental income or multi-generational living arrangements. Unit 1 (416): This unit offers a studio type of living with a stable renter who has lived in the unit for over four years at a rental rate of $550.00 a month. Features include open living, a refrigerator as well as ample parking. Unit 2 (414): The second unit offers one bedroom, open living & kitchen area as well as hookups for a full size washer/dryer. Recently updated, this unit presents an attractive option for potential tenants as well as an attractive rental rate of $800.00 a month. Both units are ideally situated within close proximity to local amenities, schools, and recreational facilities, enhancing their appeal to renters or occupants. This investment property presents an opportunity to generate rental income while also diversifying your investment portfolio. Whether you're an experienced investor or a first-time buyer looking to offset mortgage costs, this property offers potential for a strong return on investment.
Location
State AR
County Yell
Area Yell County
Zoning R2
Rooms
Kitchen Free-Standing Stove, Refrigerator-Stays
Interior
Heating Mini Split
Flooring Tile, Vinyl
Equipment Free-Standing Stove, Refrigerator-Stays
Exterior
Parking Features None
Utilities Available Sewer-Public, Water-Public, Electric-Municipal, TV-Cable
Roof Type Architectural Shingle
Building
Lot Description Level
Foundation Crawl Space
New Construction No
Schools
High Schools Dardanelle
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Bought with NextHome Premier Realty

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