Excellent investment opportunity in Siloam Springs featuring +/- 3,029 SF across four rental units with strong income potential. The property includes two 1-bedroom, 1-bath units, one 2-bedroom, 1-bath unit, and one 3-bedroom, 2-bath unit, totaling 7 bedrooms and 5 bathrooms. Three units are currently occupied, with one lease secured through October 1 and two operating month-to-month, while one unit is currently vacant, creating additional upside potential. Current rental rates range from $650 to $1,200/mo. Recent improvements include updated cabinetry in each unit. While the property does not feature central HVAC, all units are equipped with window air conditioning units. The property consists of a two-story residence and a detached home, offering a flexible layout for tenants. Conveniently located just 350' from S Mt. Olive and approx. 0.5 miles from US Hwy-412, the property offers convenient access to shopping, schools, and major transportation, making it an attractive Northwest Arkansas investment opportunity.
Listed By
Agency Name: Keller Williams Market Pro Realty Bentonville West
Shown By
Agent Name: David Weekley
Agent Phone: (805) 868-1268
Agency Title: Crye-Leike Real Estate Services
Estimated Payment
$ 1,028.51 per month $689.93 Principal & Interest $248.17 Property Tax $90.42 Homeowner's InsuranceCONTACT ME
David Weekley
622 S Wright Street | MLS# 1347919
This multi-family property located at 622 S Wright Street , Siloam Springs, AR 72761 is currently listed for sale with an asking price of $310,000. S Wright Street is located within the Siloam Springs school district. Search Siloam Springs real estate on davidweekley.crye-leike.com today.