418 15Th St Little Rock, AR 72202
- Commercial real estate
- 3,768 SF
- 0.21 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 418 15Th St
- Year built
- 1956
- Lot size
- 0.21 lot acres
- Property size
- 3,768 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a meticulously renovated, two-story apartment building situated on a 0.21-acre corner lot in Little Rock's vibrant SoMa neighborhood. Built in 1956 and completely renovated in 2023, this 3,768 square foot property boasts six units, offering a compelling blend of short-term and traditional rental options. Two units are fully furnished and equipped for short-term rentals, with all furniture included in the sale, while the remaining four units are designed for traditional long-term leases. The property features hardwood flooring throughout, brand new HVAC systems ensuring year-round comfort, and electric heating and cooling for efficient operation. Four dedicated parking spaces provide ample convenience for residents. The asking price is $999,900, translating to $265.37 per square foot and $166,650 per unit. This prime location offers easy access to the area's amenities and attractions, making it an ideal investment for both seasoned and aspiring real estate investors. The building's historic charm combined with its modern updates creates a highly desirable rental property in a sought-after urban setting. Don't miss this chance to acquire a profitable and well-maintained multifamily complex in a thriving Little Rock neighborhood.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Little Rock
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.2685866
- Latitude
- 34.7339199
