401 Velma Avenue, Springdale, AR 72764

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Sold Price
$105,000
List Price
$120,000
Closing Date
Feb 02, 2024
Status
CLOSED
MLS#
ARKMLS-1259321
Acres
0.36
Subdivision
Hayes First Add

Property Description

Have you been dreaming of getting into real estate investing and development, or maybe expanding your portfolio? So much of the planning and prep for this amazing project has been done for you. Five cleared and level lots totaling .36 acres have already been replatted and fantastic plans have been drawn up. Picture yourself with four two-story, three-bedroom units and four over-garage studio units. These plans include green space between the homes and two-car garage units for off-street parking. This property is within a few side-walked steps of the highly desired Razorback Greenway and close to the up-and-coming downtown Springdale area. Every day another announcement is made regarding new businesses being added to the area. All necessary utilities are conveniently at the street. Don't miss your opportunity to jump into this incredible project. All that's left to do is build!

Additional Information

Taxes
$580
Fencing
Partial
School District
Springdale

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Calculator source: Real Geeks

Listing courtesy of Blackstone & Company.

Selling Office: Blackstone & Company.