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  • Bedroom
  • Bath

2012 Martin St, Conway, AR 72034

$495,000
•
  • —

    bed

  • —

    bath

Multi-family for sale 110 days
$90K price drop

About 2012 Martin St

Property type Multi-family
Neighborhood
Year built 1938
HOA fee $0/month
Lot size 0.32 Acre
Movoto estimate
Property description
Income-producing multi-family property in the heart of Conway! Could utilize space as approximately eight apartments. This unique investment opportunity features multiple residential units totaling approximately 5,187 square feet on a 0.32-acre lot. Conveniently located near downtown Conway, the University of Central Arkansas, shopping, dining, and major employment centers, this property offers strong rental demand and excellent cash-flow potential. The versatile floor plan provides multiple living spaces, ample parking, and the flexibility for long-term rentals, student housing, or workforce housing. Bathtubs are currently sheet rocked over due to use as a daycare. Owner is willing to uncover and put back to full bathrooms. Could be used for office space as well. Historic character combined with investment potential makes this an excellent addition to any real estate portfolio. In years past is was a Fraternity house and most recently a daycare. Whether you’re a seasoned investor or looking to expand your rental holdings, this property offers a rare opportunity in one of Central Arkansas’s most desirable rental markets.
Listed by
Listing Agent - Jennifer R Williams
Listing Office - Century 21 United
Source: CAR MLS mls logo
MLS#26024396 • last updated 2 months ago
Movoto checked CAR MLS for data 49 minutes ago
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Overview
Levels/Style Craftsman
Status Active
SqFt 5187
Type Multi-Family
SubType Fourplex
MLS # 26024396
Lot Size (Acres) 0.32
Annual Taxes 4479.62
Listing Agent Contact Jenniferwilliamsc21@gmail.com, 901-335-5865
Listing Office Contact 501-223-2521
Listing Office Century 21 United
New Construction? No
Year Built 1938
Listing Agent Jennifer, Williams
Interior
Kitchen Built-In Stove, Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Pantry, Ice Maker Connection, Exhaust Fan
Flooring Laminate
Interior Features Washer Connection, Dryer Connection-Electric, Hot Water Heater-Gas, Smoke Detector, Fireplace - Woodburning
Ceiling Sheet Rock
Exterior
Foundation Crawl Space
Exterior Metal/Vinyl Siding
Roofing Architectural Shingle
Garage/ Parking Other (see Remarks), Parking Pads
Exterior Features Fully Fenced, Porch, Wood Fence
Lot Desc Level, In Subdivision
Amenities / Utilities
Utilities All Underground, Electric-Municipal, Gas-Natural, Sewer-Public, TV-Cable, Water-Public
Green Features Insulated Doors, Insulated Windows
Amenities Manager Apartment
Location
County Faulkner
Area CONWAY - OLD TOWN
Subdivision Boulevard
Directions From Dave Ward Turn On Donaghey Turn Right On Martin St And Property Is On The Left.
Zoning Multi Fami
Multifamily Details
Tenant Pays All Utilities
Total # of Units 8
Expenses Include Taxes, Insurance, Maint./Lawn Care
Annual Operating Expenses 10000
Annual Income 48000
Lot/ Land Details
Road Surface Paved
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Around Conway - Old Town

Explore everything this neighborhood has to offer.
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Family
39/100
Dining
71/100
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  • Real Estate
  • AR
  • Faulkner County
  • Conway
  • 72034
  • 2012 Martin St

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