234 N 26th Street Active

Arkadelphia,AR 71923

$ 280000

0 Bed

0 Bath

2304 SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,304 sqft

Price per Sqft $121

Subdivision Arkadelphia

MLS Listing ID 24019650

Style Traditional

Year Built 1985

Annual Tax Amount $600

Lot Size 0.320 Acres

Property Description

Ideal investor property located in Arkadelphia. The property consists of two duplexes situated between 26th and 25th st with each building situated on each street. The units are 2 bed and 1 bath units with newer window units and space heaters in each room. Some new appliances as the current owner moves to all electric. Each building has a 10KW solar system installed for a total of 20KW for the property. In 2023 the system generated 24 MEGAWATTS of electricity for a nearly $3000 savings on electric bills. The sale price includes the solar power and the warranty through April 2047. Units are currently occupied at a total monthly gross rental income of $2690, with a total net per month at $1900 after utilities, taxes, and insurance. Please allow 24 hours to schedule a showing.

Location

State AR

County Clark

Area Arkadelphia

Zoning Res

Rooms

Kitchen Free-Standing Stove,Refrigerator-Stays

Interior

Heating Window Units,Space Heater-Electric

Flooring Partial Carpet,Vinyl

Equipment Free-Standing Stove,Refrigerator-Stays

Exterior

Garage Parking Pads

Utilities Available Sewer-Public,Water-Public,Electric-Municipal,Gas-Natural

Roof Type Composition

Building

Lot Description Level

Foundation Crawl Space

New Construction No

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