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Listed by Andrea Andrews • Compass Rose Realty
$ 259,900
Est. payment /mo
New
Melrose Street Jonesboro, AR 72401
3,358 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Four-Plex
Listing Status Active
Purchase Type For Sale
Square Footage 3,358 sqft
Price per Sqft $77
Subdivision Cedar Heights
MLS Listing ID 10124623
Style Other/See Remarks
Annual Tax Amount $785
Tax Year 2024
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type Four-Plex
Property Description
Welcome to the Multifamily Market 405 Melrose St. of Jonesboro, Arkansas of the Cedar Heights 1st Addition within the Jonesboro School District. Opportunity Knocks! This prime piece of rental property offers 4 income producing units. The exterior is wrapped in brick and vinyl, topped with 3 tab shingles, and accented by a parking lot, mature shade trees, and small patio at each unit. The interior of each unit includes 2 bedrooms, one and a half bathrooms, living room kitchen, and washer & dryer hookups. Units are currently rented at $650 per month. Conveniently located near Arkansas State University and local retail and dining establishments. Call today to schedule your tour and make an investment in tomorrow.
Location
State AR
County Craighead
Area B
Zoning R-1
Interior
Interior Features Climate Control
Heating Central
Cooling Central Air, Electric
Exterior
Exterior Feature Patio, Paved Streets
Roof Type 3-Tab Shingles
Building
Sewer City Sewer
Schools
Elementary Schools Jonesboro Magnet
High Schools Jonesboro High School
Others
Tax ID 01-144171-07700
