208 Hwy 16 E
Clinton, AR 72031
MLS #17022653

Multi-Family
  • 8units
$149,900
Est. P&I payment: $572.52/mo
208 Hwy 16 E, Clinton, AR 72031
  • 208 Hwy 16 E, Clinton, AR 72031 Photo 1
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Description for 208 Hwy 16 E, Clinton, AR 72031
RENTAL INCOME PRODUCING PROPERTY, RECENTLY UPDATED, CURRENTLY GENERATES $1750 GROSS PER MONTH WITH 4 UNITS, EACH UNIT HAS SMALL KITCHEN AND FULL BATH 4 ADDITIONAL UNITS ARE APPROXIMATELY 75% COMPLETE, AND COULD ADD SIMILAR ADDITIONAL INCOME, PROPERTY HAS ROOM TO BUILD ADDITION RENTAL OR STORAGE BUILDINGS PER OWNER CURRENT RENTALS ARE HUD SECTION 8 APPROVED
MLS #17022653
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My Notes for MLS #17022653

General Features

  • # Units: 8
  • 1BA # of Units: 4
  • 1BR # of Units: 4
  • 1BR Maximum Rent: 450
  • 1BR Minimum Rent: 400
  • Annual Expenses: 5,400
  • Annual Income: 21,000
  • Annual Taxes: 470
  • Approx Acreage: 0.65
  • Approx Bldg. SQFT: 3,524
  • Approx Lot Size: 110x210
  • Approx Year Built: 1969
  • Area: CLINTON
  • City: Clinton
  • Class: Multi-Family
  • County: Van Buren
  • ENERGY FEATURES: Insulated Windows
  • EXPENSES INCLUDE: Taxes,​Insurance,​Utilities,​Electric,​Water/Sewer
  • EXTERIOR FEATURES: Outside Storage Area,​Patio,​Porch
  • EXTERIOR: Frame,​Metal/Vinyl Siding
  • FINANCING (NEW): New Loan-Conventional
  • FLOORS: Tile
  • Foreclosure (REO)?: NO
  • FOUNDATION: Slab
  • GARAGE/PARKING: Parking Pads,​Four Car or More
  • HEATING AND AIR COND: Window Units
  • Inside City Limits: Yes
  • KITCHEN EQUIPMENT: Free-Standing Stove,​Refrigerator-Stays
  • LEASE TYPE: Monthly
  • Legal: pt SE SE 10-11-14
  • LISTING TYPE: Exclusive Right-To-Sell
  • LOT: Level
  • New Construction?: No
  • Parcel #: 1960-00051-000
  • POSSESSION: Negotiable,​Subject to Tenancy
  • Price Per SQFT: 42.54
  • Price: 149,900
  • ROAD SURFACE: Paved
  • ROOF: Metal
  • Sale/Rent: For Sale
  • Short Sale? (Y/N/U): NO
  • SOURCE OF SQUARE FEET: Tax Records
  • Source of Taxes: TAX RECORDS
  • Status Category: Active
  • Status Date: 2017-08-02
  • Status: Active
  • STORIES: Two Story
  • STYLE: Built to Suit
  • Subdivision: Metes & Bounds
  • Tax Year: 2016
  • TENANT EXPENSES: Cable,​None
  • Type: Apartments
  • Unit 1 # Bedrooms: 1
  • Unit 1 Baths: 1
  • Unit 2 # Bedrooms: 1
  • Unit 2 Baths: 1
  • Unit 3 # Bedrooms: 1
  • Unit 3 Baths: 1
  • Unit 4 # Bedrooms: 1
  • Unit 4 Baths: 1
  • UTILITIES: Sewer-Public,​Water-Public,​Electric-Municipal,​Some Util Avl-Not on Prop
  • WARRANTY: Normal Wrkng Ordr,​ As O&A
  • Will Subdivide: No
  • Zoning: D-1

Location

 
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Directions to 208 Hwy 16 E, Clinton, AR 72031
SOUTH ON HWY 65 THEN RIGHT ON HWY 16 E, PROPERTY ON THE RIGHT ACROSS FROM PACKS SALVAGE
The listing information for 208 Hwy 16 E, Clinton, AR 72031 was graciously provided by our friends at the listing brokerage, Red Apple Real Estate

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P&I Payment $572.52
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Last Updated 04/23/2018 at 3:42am
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