5.52AC S Second
Cabot, AR 72023
MLS #17036851

Multi-Family
  • 3units
$596,000
Est. P&I payment: $2276.32/mo
5.52AC S Second, Cabot, AR 72023
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Description for 5.52AC S Second, Cabot, AR 72023
Multi-Family Development potential! +/-5.52 Acres, partially zoned C-1, with all utilities on-site. Improvements include 3 commercial buildings, 1 duplex and 1 single family residence. 300' Frontage on S. Second Street. High visibility location, adjacent to Sonic and across from Fred's. Quick, easy access to downtown Cabot. Population over 7,000 in 1 mile radius, estimated traffic count of 11,000 vpd.
MLS #17036851
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My Notes for MLS #17036851

General Features

  • # Units: 3
  • 2BA # of Units: 2
  • 2BR # of Units: 2
  • Annual Taxes: 2,553
  • Approx Acreage: 5.52
  • Approx Bldg. SQFT: 5,761
  • Approx Lot Size: 240451 sf
  • Approx Year Built: 1979
  • Area: CABOT SCHOOL DISTRICT
  • City: Cabot
  • Class: Multi-Family
  • County: Lonoke
  • EXPENSES INCLUDE: None
  • EXTERIOR: Frame,​Brick & Frame Combo,​Metal/Vinyl Siding
  • FINANCING (NEW): New Loan-Conventional,​Cash
  • FLOORS: Other (see remarks)
  • Foreclosure (REO)?: NO
  • FOUNDATION: Other (see remarks)
  • GARAGE/PARKING: Other (see remarks)
  • HEATING AND AIR COND: Other (see remarks)
  • Inside City Limits: Yes
  • KITCHEN EQUIPMENT: Other (see remarks)
  • Legal: On file
  • LISTING TYPE: Exclusive Right-To-Sell
  • LOT: Level
  • New Construction?: No
  • POSSESSION: At Closing
  • Price Per SQFT: 103.45
  • Price: 596,000
  • ROAD SURFACE: Paved
  • ROOF: Other (see remarks)
  • 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: 2017-12-27
  • Status: Active
  • STORIES: One Story
  • STYLE: Traditional,​Bungalow/Cottage
  • Subdivision: Cabot City Area
  • Tax Year: 2016
  • TENANT EXPENSES: Other (see remarks)
  • Type: Duplex
  • UTILITIES: Sewer-Public,​Water-Public,​Electric-Municipal
  • Will Subdivide: No
  • Zoning: C-1

Location

 
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Directions to 5.52AC S Second, Cabot, AR 72023
Hwy 67/167N to Exit 19 in Cabot. Stay right onto Main St/Hwy 89 for 0.9 miles turn right on S. Second St/Hwy 367 0.2 miles to property on right.
The listing information for 5.52AC S Second, Cabot, AR 72023 was graciously provided by our friends at the listing brokerage, Arnett Realty & Investments, Inc.

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Last Updated 04/25/2018 at 11:58pm
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