0 Address Undisclosed Little Rock Little Rock, AR 72206

This exceptional investment opportunity presents a charming, two-story apartment building situated on a 0.94-acre corner lot in Little Rock, Arkansas, zip code 72206. Built in 1930, this multifamily property boasts 3,768 square feet and comprises four one-bedroom, one-bathroom units. The building is zoned R2, offering potential for future development or expansion within permitted guidelines. Each unit shares common areas, and utilities are the landlord's responsibility. An added benefit is the presence of an exterior garage/carport at the rear of the property. Easy parking access is available for residents. The property is being sold "as is, where is," with no disclosures provided on plumbing and electrical systems, although these are currently functional. Please note that the basement is not included in the gross leasable area (GLA). The total tax assessment is comprised of two parcels: one with 3408 square feet and another with 180 square feet. This property presents a strong value proposition at $27 per square foot, offering significant potential for rental income and appreciation in a desirable Little Rock location. The property's attractive style and excellent views contribute to its appeal.