622 S Wright St, Siloam Springs, AR 72761

Sqft
3,029

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Listed byKeller Williams Market Pro Realty Bentonville West
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Overview

Excellent investment opportunity in Siloam Springs featuring +/- 3,029 SF across four rental units with strong income potential. The property includes two 1-bedroom, 1-bath units, one 2-bedroom, 1-bath unit, and one 3-bedroom, 2-bath unit, totaling 7 bedrooms and 5 bathrooms. Three units are currently occupied, with one lease secured through October 1 and two operating month-to-month, while one unit is currently vacant, creating additional upside potential. Current rental rates range from $650 to $1,200/mo. Recent improvements include updated cabinetry in each unit. While the property does not feature central HVAC, all units are equipped with window air conditioning units. The property consists of a two-story residence and a detached home, offering a flexible layout for tenants. Conveniently located just 350' from S Mt. Olive and approx. 0.5 miles from US Hwy-412, the property offers convenient access to shopping, schools, and major transportation, making it an attractive Northwest Arkansas investment opportunity.

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
2
Square feet
3,029
Lot size (acres)
0.28
Year built
1996

Utilities

Heating
Space Heater, Other
Cooling
Window Units
Water
Public Water

Taxes

Tax Annual Amount
$2,978

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Northwest Arkansas Board of REALTORS MLS®#: 1347919 Last checked:

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