$475,000
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6,206 SqFt
SOLD DATE : 04/25/2025
Key Details
Property Type Multi-Family
Sub Type Apartments
Listing Status Sold
Purchase Type For Sale
Square Footage 6,206 sqft
Price per Sqft $66
Subdivision Belmont Section 2
MLS Listing ID 25005747
Style Traditional
Year Built 1968
Annual Tax Amount $2,403
Tax Year 2023
Lot Size 0.310 Acres
Property Sub-Type Apartments
Property Description
Value-Add Multi-Family Investment Opportunity! Unlock the potential of this 11-unit apartment complex and 4-unit apartment building, perfect for investors seeking a prime value-add opportunity! 11-Unit Complex Features: 8 units currently rented – Immediate cash flow! 1 vacant unit – Ready for lease or light updates. 2 units needing full remodels – Huge upside potential. 4-Unit Complex: Full renovation needed – Customize to maximize value and rent potential. Located in a desirable rental market, this property is ideal for an investor looking to renovate, increase rents, and boost overall returns. With strong rental demand and room for improvement, this is a rare chance to add significant value to a multifamily portfolio. Don't miss out on this high-potential investment! Contact us today for financials and a private showing.
Location
State AR
County Jefferson
Area Pine Bluff (East)
Zoning Commercial
Rooms
Kitchen Free-Standing Stove, Refrigerator-Stays
Interior
Heating Central Cool-Electric, Central Heat-Electric
Flooring Vinyl
Equipment Free-Standing Stove, Refrigerator-Stays
Exterior
Parking Features None
Utilities Available Sewer-Public, Water-Public, Electric-Municipal
Roof Type Flat
Building
Lot Description Level
Foundation Slab
New Construction No
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Bought with Re/Max Platinum
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Broker | License ID: 2019046646