622 S 6th Street
Van Buren, AR 72956
$250,000
Turnkey 3-unit investment on one parcel: 622 S 6th St + 415 Wood St (Upstairs/Downstairs). Approx. 2,904 SF total across a 2BR/2BA single-family home plus a 2-unit garage-conversion duplex. Diversified unit mix and low-touch ops with professional property management in place (easy transition). 622 S 6th St: ~1,368 SF… Read More 2/2 with formal dining, breakfast nook, fenced yard. New HVAC Aug 2024. Tenant pays all utilities. 415 Wood St duplex: Upstairs 2BR/1BA with range, fridge, washer & dryer (seller-owned). Downstairs studio/1BR 1BA with range, fridge, dishwasher, washer & dryer (seller-owned). Energy-efficient mini-splits added 2023 (one per duplex unit). Income: Gross scheduled rent $2,800/mo ($33,600/yr) incl. $50/mo pet fees (House $950, Upstairs $1,000, Downstairs $800 + pet fees). Long-term leases in place (through July 2026 and Oct 2026; details available). Utilities/operating: Duplex utilities owner-paid due to shared meters; seller can provide history (example winter month: gas $47.47 / electric $152.63 / water $109.44). Flood zone; recent flood premium approx. $480.53/yr (verify). 2024 taxes approx. $488 (verify). On-site parking plus street parking. Strong in-place cash flow with potential for future rent growth over time (buyer to verify market rents). Read Less
Courtesy of Team Salsbury, AROK Realty, LLC 479-461-3782
Listing Snapshot
Days Online
10
Last Updated
Property Type
SingleFamilyResidence
Lot Size
0.18 Acres
MLS Number
1086530
Additional Details
Property Access
Road Responsibility: PublicMaintainedRoad
Building
Construction Materials: VinylSiding, Living Area Source: Owner
Income
Gross Income: $33,300
Lot
Parcel Number: 700-00660-000
Parking
Parking Features: Other
Property
Property Sub Type: SingleFamilyResidence
Security Features
Security Features: None
Taxes
Tax Annual Amount: $1,119, Tax Block: 62, Tax Legal Description: PT 4 & SE 1/3 5 & 6, Tax Lot: NA
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