4002 Highway 161
North Little Rock, AR 72117
MLS #18010703

Multi-Family
  • 6units
$168,500
Est. P&I payment: $643.56/mo
4002 Highway 161, North Little Rock, AR 72117
  • 4002 Highway 161, North Little Rock, AR 72117 Photo 1
  • 4002 Highway 161, North Little Rock, AR 72117 Photo 2
  • 4002 Highway 161, North Little Rock, AR 72117 Photo 3
  • 4002 Highway 161, North Little Rock, AR 72117 Photo 4
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Description for 4002 Highway 161, North Little Rock, AR 72117
The property consists of a house & five rental units (modular homes). Excellent rental history. Property is adjacent to 20 acres of undeveloped property at the east end of McCain Blvd. Good rental cash flow now & potential for future development near the east end of McCain Blvd. in NLR. Sq. Ft. approx. measuring encouraged.
MLS #18010703
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My Notes for MLS #18010703

General Features

  • # Units: 6
  • 1BA # of Units: 5
  • 1BR # of Units: 3
  • 1BR Maximum Rent: 350
  • 1BR Minimum Rent: 350
  • 2BR # of Units: 2
  • 2BR Maximum Rent: 350
  • 2BR Minimum Rent: 350
  • Addt. Fee Frequency: Monthly
  • Annual Expenses: 4,000
  • Annual Income: 27,000
  • Annual Taxes: 634
  • Approx Acreage: 1.04
  • Approx Bldg. SQFT: 4,606
  • Approx Lot Size: 45302 Sq. Ft.
  • Approx Year Built: 1945
  • Area: NORTH LITTLE ROCK (DOWNTOWN/EAST
  • BASEMENT: None
  • CEILING: Sheet Rock,​Wood Ceiling
  • City: North Little Rock
  • Class: Multi-Family
  • County: Pulaski
  • EXPENSES INCLUDE: Management,​Advertising,​Vacancy Factor,​Pest Control
  • EXTERIOR FEATURES: Partially Fenced,​Wood Fence
  • EXTERIOR: Frame
  • FINANCING (NEW): Cash
  • FLOORS: Vinyl,​Wood
  • Foreclosure (REO)?: NO
  • FOUNDATION: Crawl Space
  • Frequency: None
  • GARAGE/PARKING: Carport
  • Golf: No
  • HEATING AND AIR COND: Central Cool-Electric,​Central Heat-Gas
  • Inside City Limits: Yes
  • INTERIOR FEATURES: Washer Connection,​Dryer Connection-Electric,​Hot Water Heater-Electric,​Some Units
  • KITCHEN EQUIPMENT: Free-Standing Stove
  • Lake: No
  • LEASE TYPE: Monthly
  • Legal: In file
  • LISTING TYPE: Exclusive Right-To-Sell
  • LOT: Level
  • New Construction?: No
  • Parcel #: 23r0211902500
  • POSSESSION: At Closing
  • Price Per SQFT: 36.58
  • Price: 168,500
  • ROAD SURFACE: Paved
  • ROOF: Metal
  • Sale/Rent: For Sale
  • Short Sale? (Y/N/U): NO
  • SOURCE OF SQUARE FEET: Appraisal
  • Source of Taxes: appraisal
  • Status Category: Active
  • Status Date: 2018-04-25
  • Status: Active
  • STORIES: One Story
  • STYLE: Traditional
  • Subdivision: Metes & Bounds
  • TENANT EXPENSES: All Utilities
  • Termite Company: none
  • Type: Apartments
  • Unit 1 # Bedrooms: 1
  • Unit 1 Baths: 1
  • Unit 1 Rent: 350
  • Unit 2 # Bedrooms: 1
  • Unit 2 Baths: 1
  • Unit 2 Rent: 350
  • Unit 3 # Bedrooms: 2
  • Unit 3 Baths: 1
  • Unit 3 Rent: 350
  • Unit 4 # Bedrooms: 2
  • Unit 4 Baths: 1
  • Unit 4 Rent: 350
  • Unit 5 # Bedrooms: 1
  • Unit 5 Baths: 1
  • Unit 5 Rent: 350
  • UTILITIES: Septic,​Water-Public,​Electric-Municipal
  • WALLS: Sheet Rock,​Wood
  • WARRANTY: As-Is,​ Prsnt Cnd at Clsng
  • Will Subdivide: No
  • Zoning: Res

Location

 
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Directions to 4002 Highway 161, North Little Rock, AR 72117
Traveling east on McCain in NLR turn left on Hwy. 161 to Snoopy Lane, turn right on Snoopy Lane. Property consists of a house (4002 Hwy. 161) & five rental units (5810, 5814, 5816, 5818 & 5820 Snoopy Lane).
The listing information for 4002 Highway 161, North Little Rock, AR 72117 was graciously provided by our friends at the listing brokerage, McKimmey Associates REALTORS NLR

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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on Sandstone Real Estate Group 's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. Sandstone Real Estate Group , Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 04/25/2018 at 11:58pm
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