471-481 W Spruce Street, Fayetteville, AR 72703

$900,000
4,800
SqFt

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Sold Price
$900,000
List Price
$900,000
Closing Date
Feb 25, 2025
Status
CLOSED
MLS#
ARKMLS-1291622
Sq. Ft
4,800
Acres
0.30
Year Built
1973
Subdivision
Fred Holden Add

Property Description

Investment gem within 1 mile of U of A campus in a high-demand market with under 2% vacancy! This duplex offers excellent value-add potential, making it an ideal choice for investors looking to maximize returns. With rental rates currently well below market value, there’s immediate upside for savvy buyers ready to reposition and increase cash flow. The location is unbeatable for student and professional renters, promising a steady occupancy and income stream. Don’t miss this rare opportunity in Fayetteville’s competitive rental market—perfect for capitalizing on rising rental trends! Taxes and legal TBD. Units are condos and under a POA, message for details. SOLD AS PACKAGE OF 3 DUPLEXES

Additional Information

Taxes
$2,142
Hoa Fee
$120
Roof
Architectural, Shingle
Appliances
Dishwasher, Electric Range, Disposal, Gas Water Heater, Microwave, Refrigerator, Washer
Fencing
None
Foundation
Slab
Levels
One
School District
Fayetteville
Heating
Central
Cooling
Central Air

Mortgage Calculator

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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Collier & Associates. 479-274-0662

Selling Office: Prime Real Estate and Development.