Under contract

4 Properties Allen Ave, Jonesboro, AR 72401

Sqft
101

View property features, location on map, relevant school information and overview from seller's agent.

Listed byColdwell Banker Village Communities
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Overview

Investor opportunity in Jonesboro with a high cash flow rental package and future upside potential. This package includes 400 E Allen Avenue vacant lot, 402 E Allen Avenue rented at $500/month, 404 E Allen Avenue rented at $1,000/month, and 404 1/2 E Allen Avenue rented at $600/month, for a total current rent of $2,100/month. Tenants pay utilities, helping keep operating expenses lean. All parcels are zoned R-3, creating potential value-add opportunities through property upgrades, rent growth, improved management, or possible multifamily development, subject to city approval and buyer verification. Flood Zone X designation adds another positive layer for investor review. Whether you are looking for immediate income, long-term hold potential, or a redevelopment play, this package offers multiple paths to increase value over time.

Location

Full feature list

Basic info

Property type
House
Square feet
101

Utilities

Sewer
Public Sewer
Water
Public Water

Public schools

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Sourced from: Cooperative Arkansas Realtors MLS MLS®#: 26028169 Last checked:

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