501-507 W Spruce Street, Fayetteville, AR 72703
- $510,000
- 3,000
- SqFt
- Sold Price
- $510,000
- List Price
- $520,000
- Closing Date
- May 29, 2025
- Status
- CLOSED
- MLS#
- ARKMLS-1300010
- Sq. Ft
- 3,000
- Acres
- 0.03
- 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! Units are condos and under a POA that covers exterior maintenance and common areas.
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Additional Information
- Taxes
- $2,144
- Hoa Fee
- $240
- Roof
- Architectural, Shingle
- Appliances
- Gas Water Heater
- Fencing
- None
- Foundation
- Block
- Basement
- Finished
- Levels
- Two
- School District
- Fayetteville
- Heating
- Central
- Cooling
- Central Air
Mortgage Calculator
Listing courtesy of Collier & Associates. 479-274-0662
Selling Office: Exit Realty Harper Carlton Group.