Listing provided by: Century 21 Portfolio
736 W Cherry
Jonesboro, AR 72401
$47,200
Sold
0 ft²Interior
0 ft²Lot size
Overview
CASH FLOW! With conventional financing, property taxes, and insurance expenses this property brings home roughly $7,100 annually of cash flow with a traditional loan. 19.03 Cap Rate. Great duplex directly across from the CWL park, perfect for playing. Top unit rents for $575/mo and the lower unit is $690/mo. Owner paid utilities average $300/mo. This is a large lot that is zoned R-2 for anyone interested in redevelopment. Most of the HVAC system has been replaced within the last couple of years, and the exterior is in the process of being completely repainted.
Details
General
- Type
- Duplex
- Lot size
- 0 sq. ft.
- Year built
- 0
- Stories
- 0
- Pool
- No
Listing information
- MLS #
- 10080684
- Listing provided by
- Century 21 Portfolio
- Attribution Contact
- 870-931-8784
- Status
- Sold