This excellent investment opportunity in Siloam Springs features a +/- 3,029 SF property with four fully occupied rental units. The property includes a mix of unit sizes: two 1-bed, 1-bath units, one 2-bed,1-bathunit, and one 3-bed, 2-bath unit, totaling 7 bedrooms and 5 bathrooms. One of the units has a contracted leases, two operates on a month-to-month basis, and one is currently vacant. Rental rates range from $650 to $1,200/mo. Each unit's cabinets have recently been painted. The property does not feature central air, each unit is equipped with a window unit. The property consists of a two-story home and a detached home. Conveniently located just 350 feet from S Mt. Olive St. and only 0.5 miles from US. Highway 412 and Harps Food Stores, this property provides easy access to local amenities and major roadways, making it an attractive option for investors.
Based on the average sale price from the Springdale, AR office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
622 Wright Street Siloam Springs, AR is a Single Family Home for sale at $310000 with 3029 sqft and a lot size of 0.28 Acres Acre(s). 622 Wright Street Siloam Springs has 7 bedrooms, 5 baths and was built in 1996. The property's zip code is 72761 which is in Siloam Springs, AR
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
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