Description
Welcome to Market Lincoln Apartments. Fully Occupied and renovated 4 unit property offering immediate rental income and future growth potential. The property features two 4 bdrm units and two 3 bdrm units, all separately metered with tenants responsible for utilities. Additional income is generated from four storage spaces. Improvements include newer roofs, newer hot water heaters, appliances, window units, and lite cosmetic interior upgrades. Current gross scheduled income is $37,080 annually, with projected potential of $43,680. Excellent opportunity for investors looking to expand their rental portfolio with an income producing asset. Buyer to verify all financials, rents, expenses, and property details. No wholesale, assignment, or creative financing offers will be considered. Financials available upon request. Managed by seller. Please do not disturb tenants. No showings without an accepted offer.
Details
| MLS # | 26040885 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | For-sale |
| Status | Active |
| Year | 1999 |
| Days On Site | 9 |
| Listing Provided By | Compass Rose Realty | Raychel Day |
Features
| Story(s) | 1 |
|---|---|
| Units | 4 |
| Zoning | unknown |
| Acreage | 0.37 |
Exterior
| Exterior | Metal/Vinyl Siding |
|---|---|
| Roof | Architectural Shingle |
| Foundation | Slab |
Utilities
| Utilities | Sewer-Public, Water-Public |
|---|
Taxes
| Property | 1658 |
|---|
Area Information
| State | AR |
|---|---|
| County | Crittenden |
| City | Earle |
| Zip Code | 72331 |
| Area | CRITTENDEN COUNTY |
| Subarea | CRITTENDEN COUNTY |
| Community Name | Rhodes |
| School District | EARLE |
| Elementary School | EARLE |
| High School | EARLE |
| Listing VS Median (in Rhodes) | |
Price: $289,900 low | high Med: $0 On site: 9 low | high Med: | |
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Learn More About This Property
| State | AR |
|---|---|
| County | Crittenden |
| City | Earle |
| Zip Code | 72331 |
| Area | CRITTENDEN COUNTY |
| Subarea | CRITTENDEN COUNTY |
| Community Name | Rhodes |
| School District | EARLE |
| Elementary School | EARLE |
| High School | EARLE |
| Listing VS Median (in Rhodes) | |
Price: $289,900 low | high Med: $0 On site: 9 low | high Med: | |