622 s wright st, siloam springs, AR 72761

This listing is NOT a foreclosure. +/- 9% cap rate on actual financials! This excellent investment opportunity in Siloam Springs features a+/- 3,029 SF property with four fully occupied rental units. The property includes a mix of unit sizes: two 1-bed, 1-bath units, one 2-bed,1-bath unit, and one 3-bed, 2-bath unit, totaling 7 bedrooms and 5nbathrooms. Three of the units have contracted leases, while one operates on a month-to-month basis, with rental rates ranging from $600 to $1,100/mo. Each unit's cabinets have recently been replaced. Thenproperty does not feature central air, each unit is equipped with a window unit. The property consists of a two-story home and a detached home. Conveniently located just 350 feet from S Mt. Olive St. and only 0.5 miles from US. Highway 412 and Harps Food Stores, this property provides easy access to local amenities and major roadways, making it an attractive option for investors.This SILOAM SPRINGS MLS Resale home is a multi family property with 12197.00 sq. ft., beds and 3 baths. To learn more about this MLS Resale home or other MLS Resale homes, make sure to click on the tabs above.

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.