504 and 506 Mimi Lane Active

Little Rock,AR 72211

$ 219000

6 Beds

4 Baths

2262 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,262 sqft

Price per Sqft $96

Subdivision Park Ruby

MLS Listing ID 25037274

Style Traditional

Bedrooms 6

Year Built 1977

Annual Tax Amount $2,018

Lot Size 9,583 Sqft

Acres 0.22

Property Sub-Type Duplex

Property Description

Attention investors!! Don't miss the great opportunity to own this duplex each unit featuring 3 bedrooms and 2 bathrooms in popular West Little Rock! It presents a compelling investment opportunity with its strategic location and potential for steady rental income. Positioned in a highly accessible area, it is just minutes away from major shopping centers, health care facilities, restaurants, and schools, with easy access to the interstate, making it appealing to a diverse range of tenants. The property consists of two separate units, allowing for flexibility in rental strategies. Investors can opt to rent both units for dual income or occupy one while leasing the other, ensuring a consistent cash flow. Each unit has its own utilities, minimizing the landlord's responsibilities. The landlord is only accountable for property taxes, insurance, termite policy, and repairs when needed, simplifying management. Each unit has its outside storage area and decking for entertaining, the left side units has new LVP flooring, new glass top electric range, disposal and toilets; the sewer line has been replaced as well. Schedule it today! HVAC at right side unit replaced 2024.

Location

State AR

County Pulaski

Area Little Rock

Zoning resident

Rooms

Basement None

Kitchen Free-Standing Stove,Electric Range,Dishwasher

Interior

Interior Features Dryer Connection-Electric,Hot Water Heater-Gas,Smoke Detector,Fan - Ceiling

Heating Central Cool-Electric,Central Heat-Gas

Flooring Tile,Vinyl

Equipment Free-Standing Stove,Electric Range,Dishwasher

Exterior

Exterior Feature Partially Fenced,Outside Storage Area,Deck,Porch

Parking Features Parking Pads,Two Car

Utilities Available Sewer-Public,Water-Public,Electric-Municipal,Gas-Natural

Roof Type Composition

Building

Lot Description Sloped,Level,In Subdivision

Foundation Slab

New Construction No

Schools

Elementary Schools Terry

Middle Schools Pinnacle View

High Schools Central

Others

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