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$ 110,000
Est. payment /mo
Price Dropped by $34K
701 N 2nd Mcgehee, AR 71654
3,993 SqFt
UPDATED:
12/02/2024 05:55 PM
Key Details
Property Type Multi-Family
Sub Type Apartments
Listing Status Active
Purchase Type For Sale
Square Footage 3,993 sqft
Price per Sqft $27
Subdivision Mcgehee Original
MLS Listing ID 24042542
Style Traditional
Annual Tax Amount $594
Lot Size 0.320 Acres
Acres 0.32
Property Description
Multi-Unit Apartment Complex in McGehee, Arkansas – Prime Investment Opportunity! Located at 701 N 2nd and 206 N Ash in McGehee, this 5-unit apartment complex offers a versatile mix of living spaces to suit a variety of tenants. • Units Breakdown: • Three efficiency apartments: Perfect for single occupants or couples. • One 2-bedroom apartment (with potential to convert to 3 bedrooms): Flexible layout for larger tenant needs. • A spacious 3-4 bedroom house: Detached from the other units, only connected by a large garage, offering added privacy and comfort. • Features: • Convenient location in McGehee, close to amenities. • Large shared garage offering ample storage or parking options. This property provides excellent rental potential, whether you’re an investor seeking consistent income or looking for a mixed-use property to manage. Don’t miss out on this versatile and income-generating opportunity!
Location
State AR
County Desha
Area Desha County
Zoning MULTI
Rooms
Kitchen Free-Standing Stove
Interior
Heating Central Cool-Electric, Window Units, Central Heat-Gas, Heat Pump
Flooring Partial Carpet, Wood
Equipment Free-Standing Stove
Exterior
Parking Features Garage, Parking Pads
Utilities Available Sewer-Public, Water-Public
Roof Type Composition
Building
Lot Description Level
Foundation Crawl Space
New Construction No
Listed by Bottoms Farm & Home Realty • Sherry Bottoms