3600 Johnson, Newport, AR 72112

$680,000
6,000
SqFt
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List Price
$680,000
Status
ACTIVE
MLS#
26031371
Style
Traditional
Year Built
1980
Living Area
6,000
Acres
0.47
Region
Newport
Subdivision
Wilson
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(501) 420-4097

Property Description

Turnkey income-producing multifamily opportunity in Newport, AR (Jackson County). 16 one-bedroom studio units, fully leased. Cinder block exterior and metal roof - durable, low-maintenance construction that minimizes long-term repair and replacement costs compared to wood-frame/shingle multifamily stock. There are 3 buildings which consists of Building #1-4 units, Building #2 & #3 -6 units each. Cash flowing opportunity from the first day of ownership.

(501) 420-4097
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Additional Information

Taxes
$1,709
Interior Features
Hot Water Heater-Electric
Floors
Vinyl
Exterior
Block
Roof
Metal
Elementary School
Newport
High School
Newport
Parking Description
Two Car
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Listing courtesy of IMAGE Realty.