823 North St Little Rock, AR 72201

Property Details for 823 North St

Year built

1918

Lot size

0.09 lot acres

Property size

6,092 SF

Property type

Commercial real estate

Description

This exceptional 7-unit apartment building presents a compelling investment opportunity in the heart of Little Rock, Arkansas. Located at 823 North Street, this three-story, 6,092 square foot building boasts a desirable mix of unit sizes: three one-bedroom/one-bathroom units and four two-bedroom/one-bathroom units. Three units are fully furnished, offering immediate potential for short-term rentals. The building's Victorian architectural style adds to its unique charm, while its location provides unparalleled convenience. Situated less than a mile from the Arkansas State Capitol, this property enjoys proximity to downtown restaurants, shops, and major employers. The 0.09-acre lot is zoned UU. Built in 1918, the building offers a blend of historical character and modern investment potential. Individual unit sizes range from 600 square feet to 1500 square feet. The asking price is $840,000, representing a price per unit of $120,000 and a price per square foot of $137.89. A detailed rent roll and operating statement are available upon request. This property is an ideal investment for those seeking a strong return in a thriving urban setting. Don't miss this chance to acquire a piece of Little Rock's rich history and vibrant future.