🔥🏚 1% Rule Rental Property - Little Rock

Pulaski County, Little Rock, AR, 72204
Sold
Listed at: August 7th, 2023
Price
$70,000
ARV
$120,000
Gross Margin
$50,000
Sq. Footage
1072
Type
Single-Family
Parking
Carport
Year build
1957
Lot size
0.17 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

Very near Boyl Park, this property was renovated in 2017 and could be a turnkey rental for your portfolio. It is currently occupied with 2 year tenants always on time with payment @ $825/mo. The lease just ended so you've got options. Current residents would like to stay.

See the photos after the last renovation: https://www.zillow.com/homedetails/3320-Whitfield-St-Little-Rock-AR-72204/351955_zpid/


Starting Price $70k

ARV $120k

Rented: $825/mo Market Rent Potential: $1,095/mo

Details:

  • Bed/Bath: 3/1
  • Sqft: 1,072
  • Land SqFt: 7,405
  • Built: 1957
  • County - Pulaski
  • Flood Zone: Yes
  • Zoning: R2

Fast Facts:

  • SubFloor and Flooring updates - 2 years old
  • Furnace - 5 years old
  • A/C Condensor - 2 years old
  • Windows - Replaced 2021
  • Electrical - new GCFI's installed 2017; new wiring & lights 2021
  • Plumbing - New sewer & water line in 2021
  • Tankless Water Heater
  • Occupancy - Tenant Occupied
  • Parking - Carport

COMPS:

3506 Wynne St *Rent Ready

3 bd |1 ba | 1,069 sqft

Sold: $85,000 04/24/23


8015 W 35th St *Renovated

3 bd |1 ba | 966 sqft

Sold: $120,000 5/30/23


**Click into the deal to see more Information, Current Photos 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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Disposition manager