⭐🏚 🌳 Major Cash Flow Opportunity - North Little Rock

Pulaski County, North Little Rock, AR, 72114
Sold
Listed at: August 7th, 2023
Price
$60,000
ARV
$120,000
Gross Margin
$60,000
Sq. Footage
1574
Type
Single-Family
Parking
Driveway
Year build
1930
Lot size
0.11 acres
Bedrooms
5
Bathrooms
1.75
Half Bathrooms
0
Summary

A lot of updates done in 2019 and could be a turnkey rental for your portfolio. It is currently occupied with section 8 tenants paying $1,045/mo making this a real cash cow at this purchase price! The lease is currently M2M

See the photos after the last renovation: https://www.zillow.com/homedetails/402-W-13th-St-North-Little-Rock-AR-72114/302413_zpid/


Starting Price $60k

ARV $120k

Current Rent $1,045 | Market potential up to $1,200

Details:

  • Bed/Bath: 5/1.75
  • Sqft: 1,574
  • Land SqFt: 4,792 
  • Built: 1930
  • County - Pulaski
  • Flood Zone: No
  • Zoning: R3

Fast Facts:

  • HVAC - Updated July 2019
  • Windows - New windows 2019
  • Hot Water Heater - 3 years old 
  • Electrical - Updated Wiring, Breaker Box 2019
  • Plumbing - Updated 2019
  • Foundation - Closed Piers. No known issues
  • Roof - Unknown
  • Occupied - Tenant on Month to Month Lease on Section 8
  • Parking - Driveway

COMPS

3 bd | 2 ba | 1654 sqft | Built 1940

Sold: $50,000 | $30.23/sqft | 7/21/23

4 bd |2 ba |1,554 sqft

Sold: $137,500 | $88/sqft | 5/16/23

Rented $1,150 March 2023

3 bd | 1 ba | 1360 sqft | Built 1906

Sold: $90,000 | $66.18ft | 3/20/23


**Click into the deal to see more information and supporting docs**

NOTES:

Cash Buyers and Agents only

DO NOT DISTURB TENANTS

Showings will be coordinated for serious buyers with verbal cash offer and POF


Good Life Property Group, LLC is a principal party in a valid and assignable purchase and sales agreement. the decision has been made to offer this purchase and sales agreement to another cash buyer so as to allow you the opportunity to buy this property. Not for public distribution. Private communication only. SERIOUS BUYERS ONLY PLEASE. Buyer must be purchasing with cash, hard or private money, or line of credit. Property being sold "as is", any and all inspections and certifications, including Certificate of Occupancy will be Buyer's responsibility. Buyer pays all closing costs and administrative fee. *Do your own Due Diligence Free & Clear Title and Quick Closing Offered
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Sara Giret

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