Traditional
421 Sierra Madre Drive
North Little Rock, AR 72118
MLS#: 26015388
$138,500
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1966
Sq.Footage
1,035
INVESTOR OPPORTUNITY! Duplex with one unit leased at $600/month (month-to-month) and one unit vacant—ready for a new tenant. Each unit is approximately 500 sq ft (1,000 sq ft total) with garage and off-street parking. Tenants pay all utilities and handle lawn care for low-maintenance ownership. Recent updates include new gas water heaters, updated plumbing and electrical, and HVAC units approximately 4 and 6 years old. Roof is approximately 10 years old. Refrigerator and stove convey; washer/dryer belong to tenant. Current annual income is $14,400 with projected rents of $600–$650 per unit. Taxes approx. $1,066/year and insurance approx. $1,200/year. Estimated CAP RATE approximately 7%–8% based on projected rents and typical expenses.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Central, Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Frame
-
Pool
No
Area & Lot
-
Lot Features
Sloped
-
Lot Size(acres)
0.18
-
Property Type
Residential Income
-
Property Sub Type
Duplex
-
Architectural Style
Traditional
Price
-
Sales Price
$138,500
-
Tax Amount
$1,066
-
Zoning
MF
-
Sq. Footage
1, 035
-
Price/SqFt
$133
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Pulaski
Elementary School
Middle School
High School
Listing Courtesy of Lisa Smith-Jones , Moore and Company Realtors - Conway
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Branch Broker
Debbie Neal
Call Debbie today to schedule a private showing.
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