717 Sixth St Charleston, AR 72933
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 717 Sixth St
- Property type
- Commercial real estate
Description
This exceptional multifamily investment property, located at 717 6th St, Charleston, AR 72933, presents a compelling opportunity for savvy investors. The property consists of two well-maintained duplexes, totaling four units, each boasting two bedrooms and one bathroom. Currently operating at 100% occupancy, the property generates a stable income stream with an average monthly rent of $450 per unit. Each unit includes convenient laundry hookups, and residents enjoy small patio areas. The property sits on a sizable lot of approximately 0.25 acres, offering potential for future expansion or development. Classified as a Class C multifamily building, this value-add investment presents significant upside potential through various strategies, including rent increases or property upgrades. The asking price is $200,000, translating to an attractive price per unit of $50,000. This is a rare opportunity to acquire a well-performing, multifamily property in a stable market. The property's strong occupancy rate and potential for increased profitability make it an ideal addition to any investment portfolio. Don't miss this chance to secure a valuable asset in the thriving Charleston, Arkansas market.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Charleston
- County
- Franklin
- State
- Arkansas
- Longitude
- -94.0352472
- Latitude
- 35.3016462
