4060 E Huntsville Road, Fayetteville, AR 72701

$225,000
2
BD
2
BA
1,106
SqFt

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Sold Price
$225,000
List Price
$199,900
Closing Date
May 13, 2024
Status
CLOSED
MLS#
ARKMLS-1270851
Bedrooms
2
Full-baths
1
Half-baths
1
Sq. Ft
1,106
Acres
0.97
Year Built
1926
Subdivision
Fayetteville Outlots

Property Description

This 1920s fixer-upper has 2 bedrooms, 1.5 bathrooms, and a 720 sq/ft workshop on a RMF-24 Zoned .97 acre lot. It needs work but has great potential, especially for investors. It's zoned for multifamily use, meaning you can build up to 24 units per acre. This gives you the chance to fix up the house for rental income and also build new units to sell or rent. The large lot is a bonus, offering plenty of space for more buildings or outdoor areas. This property is an excellent opportunity for those looking to invest in real estate, offering both immediate rental possibilities and long-term development potential. Turn this into a profitable project by tapping into the demand for housing.

Additional Information

Taxes
$1,975
Style
Cape Cod
Roof
Asphalt, Shingle
Appliances
Dishwasher, Gas Water Heater, Refrigerator
Fencing
Back Yard, Chain Link, Partial
Foundation
Crawlspace
Basement
Crawl Space
Levels
One
Fireplace
Yes
School District
Fayetteville
Heating
Central
Cooling
Central Air, Electric

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Associates, LLC.

Selling Office: Sudar Group.