$325,000
$350,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
Address not disclosed Siloam Springs, AR 72761
2,606 SqFt
Key Details
Sold Price $325,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,606 sqft
Price per Sqft $124
Subdivision Siloam Spgs
MLS Listing ID 1268429
Sold Date 10/21/24
Construction Status 25 Years or older
HOA Y/N No
Annual Tax Amount $1,808
Lot Size 1.250 Acres
Acres 1.25
Property Description
Value is in the land. Currently there is a duplex at 2209 and a single family house at 2211. Both addresses share one parcel. 1.25 acres. Agent Owned. This property was approved by planning and zoning for 16 units of townhouses. They were designed to all have 2 bedroom/1 bathroom units to be marketed to the university students for "student housing". The civil engineering and floor plans can be provided. The project name was to be Eagle's Nest. Named after the JBU Mascot. The property is less then .4 mile walk to JBU and it is directly off the paved walking trail. Currently there is a renters living in the duplex. The house is vacant. The house was renting for $1,150 and $750 for each unit in the duplex. Best use for this property is redevelopment and structures need to be demolished. All utilities are on site. Listed as residential MLS 1268401 and Land MLS 1268402
Location
State AR
County Benton
Community Siloam Spgs
Zoning N
Direction 412 to Holly North to West Central West to 2211/2209 West Central just past cemetery
Interior
Heating Central
Cooling Central Air
Appliance Gas Water Heater
Exterior
Exterior Feature TV Antenna
Fence Partial
Community Features Near Schools, Trails/Paths
Waterfront Description None
Roof Type Architectural,Shingle
Road Frontage Shared
Building
Lot Description Cleared
Story 1
Foundation Block, Slab
Level or Stories One, Two
Structure Type Masonite
New Construction No
Construction Status 25 Years or older
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Bought with HomeQuest Realty