This property is a 4-unit multi-family property in the heart of Benton. One of the studio apartments was reconfigured/attached to another studio apartment so technically it’s a 4-unit property at the moment. There are two 1/1’s upstairs and two studios/efficiencies downstairs. The units are cooled by window units. All of the units but one are vacant. The occupied unit is currently rented month-to-month at $400 monthly. Once renovated, the upstairs units could generate $1,470 ($735 each HUD) a month and the downstairs units could generate $2,100 monthly ($700 each HUD) putting the gross monthly rent at $3,570 approximately. 1274sf upstairs and 1232sf downstairs. ARV $300,000 Renovation Expense $100,000+ The property’s selling points include: -significant income potential & location -There are few, if any, multi-family properties available in Saline County -Large lot! Zoned Multi Family Challenges for the property include: -Renovation expense.
Extra Information for 1923 Sagecrest St Benton, AR 72015
- Seller Type: By Owner
- Category: Multi-Family Residences for Sale
- Square Feet: 1232
- Listed Date: Nov 16, 2021