1520 S Main Street
Malvern, AR 72104

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Description

Income-Producing Multi-Unit Property! This property offers three rental units on one parcel, including a two-story duplex and a separate single-family residence. The duplex includes two units (one upstairs and one downstairs), each with 960 sq ft for a total of 1,920 sq ft. The separate house offers 972 sq ft. (County records reflect incorrect square footage.) Total heated square footage is 2,892 sq ft. All units are newly remodeled and rent-ready, making this an excellent opportunity for investors or owner-occupants who want to live in the house while renting the duplex units to offset expenses. Each duplex unit features 2 bedrooms and 1 bathroom, central gas heat, window air conditioning, new paint, cabinets, flooring, islands, cookstoves (one gas and one electric), refrigerators, washer/dryer hookups, and all appliances convey. The single-family residence offers 2 bedrooms and 1 bathroom, is all electric, has a metal roof, and includes a mini-split-style unit downstairs, new electric baseboard heaters upstairs, window air conditioning, washer/dryer hookups, and updated paint, flooring, refrigerator, and cookstove. All appliances convey. Agents see Showing Remarks.

Features

• Property Type: Multi Family Home
• Sub Type: Triplex
• Listing Status: Active
• County/Area: Hot Spring County
• Zip Code: 72104
• Year Built: 1980
• Subdivision/Neighborhood: McHenry 1st
• Style: Traditional
• Stories: 1 Story
• Units: 3 units
• Lot Size: 17424 sq ft lot
• Listing Office: Crye*leike Pro Elite Realty
• Zoning: C4 per map
• 2br # Of Units: 3
• 2br Maximum Rent: 1200
• 2br Minimum Rent: 800
• Approx Lot Dimensions: 5904
• Exterior: Frame, Metal/Vinyl Siding
• Floors: Luxury Vinyl
• Foundation: Crawl Space, Slab
• Heating And Air Cond: Central Cool-Electric, Window Units, Central Heat-Gas
• Inside City Limits: Yes
• Kitchen Equipment: Free-Standing Stove, Gas Range, Electric Range
• Lot: Level
• Parking: Parking Pads
• Road Surface: Paved
• Roof: Metal
• Source Of Square Feet: Tax Records
• Tenant Expenses: All Utilities
• Total Stories: One Story, Two Story
• Unit 1: 2-Bed, 1-Bath, 960
• Unit 2: 2-Bed, 1-Bath, 960
• Unit 3: 973, 2-Bed, 1-Bath
• Utilities: Sewer-Public, Water-Public, Electric-Municipal, Gas-Natural