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.
Listed By
Agency Name: Century 21 United
Agency Phone: 501-223-2521
Shown By
Agent Name: Lori Miller
Agent Phone: (501) 590-9318
Agency Title: Crye-Leike Real Estate Services
Estimated Payment
$ 2,261.17 per month $1,669.17 Principal & Interest $373.25 Property Tax $218.75 Homeowner's Insurance
2012 Martin Street | MLS# 26024396
This multi-family property located at 2012 Martin Street, Conway, AR 72034 is currently listed for sale with an asking price of $750,000. Search Conway - Old Town real estate on lorimiller.crye-leike.com today.