Movoto Real Estate
Sold on 08/14/2017

1804 Hwy 89 E, Cabot, AR 72023

$3,110,000

Last sold 08/14/2017 for $67K

  • —

    bed

  • —

    bath

Multi-family not for sale

About 1804 Hwy 89 E

Property type Multi-family
Neighborhood
Year built 1940
HOA fee $0/month
Lot size 4.25 Acre
Movoto estimate
Rental estimate
Property description
Big O Opportunity! You are buying a 2500 sf house divided into 3 units. Two 1200 sf duplex's with three 1 bedroom and one 2 bedroom apartments. There is a third building currently being used for storage(could be finished out for a third duplex.) A sewer system is in place for these unit and the original park has hook up for another 10 or so trailers. All units need some work, paint, carpets, tile. Several units could be rent ready for little money. Some of the property is in the flood plain.
Listed by
Listing Agent - Robert D Vowell
Listing Office - Dixon Realty & Property Management
Source: CAR MLS mls logo
MLS#16025332 • last updated 9 years ago
Movoto checked CAR MLS for data 6 minutes ago
Overview
Levels/Style Ranch
Status Sold
SqFt 5000
Type Multi-Family
SubType PKG Single Family
MLS # 16025332
Lot Size (Acres) 4.25
Annual Taxes 1600
Listing Agent Contact Robertvowell@centurylink.net, 501-837-0157
Listing Office Contact 501-605-1212
Listing Office Dixon Realty & Property Management
New Construction? No
Year Built 1940
Listing Agent Robert, Vowell
Interior
Kitchen Free-Standing Stove, Electric Range
Basement None
Flooring Partial Carpet, Vinyl
Walls Sheet Rock, Wood
Interior Features Washer Connection, Dryer Connection-Electric, Hot Water Heater-Electric
Ceiling Sheet Rock
Exterior
Foundation Crawl Space, Slab
Exterior Frame, Metal/Vinyl Siding
Roofing Built-up, Metal
Garage/ Parking Parking Pads
Exterior Features Storage Building
Lot Desc Level
Amenities / Utilities
Utilities Other (see Remarks), Septic, Water-Public
Location
County Pulaski
Area JACKSONVILLE
Subdivision Not In List
Directions Hwy 89 West Of Hwy 5 About 1 Mile, On Your Right.
Zoning No
Multifamily Details
# of 1-Bath Units 4
2-BR: Max Rent 550
2-BR: Min Rent 450
1-BR: Max Rent 400
Tenant Pays Other (see Remarks)
# of 2-Bath Units 3
1-BR: Min Rent 350
2Br # Of Units 3
1Br # Of Units 4
Total # of Units 7
Expenses Include None
Lot/ Land Details
Road Surface Paved
$3.11M
Range: $2.17M-$4.04M
Last 30 days 
Rental est.: $901/month
Gross rent multiplier: 6.2 - Great
  • Aug 2017
    mls logo MLS # 16025332
  • Aug 14, 2017 Sold
    $67,000 (-13.5%)
  • Aug 24, 2016 Listed
    $77,500
  • Year Property taxes Tax assessment
  • 2025
    $3,114 +23.8%
    $56,190
  • 2024
    $2,515 -9.2%
    $56,190
  • 2023
    $2,769 +30.1%
    $56,190
  • 2022
    $2,128 -6.2%
    $56,190 +47.56%
  • 2021
    $2,269
    $38,080
  • 2020
    $2,269
    $38,080
  • 1804 Hwy 89 E
    $67K
  • Jacksonville
    —
  • 72023
    $255K -14% y/y
  • Cabot
    $257K -14% y/y
No chart available
Statistics calculated by Movoto

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