1211 Stone

Jonesboro, AR 72401

UPDATED: 60 min ago

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Description

Great investment opportunity located in the heart of Jonesboro. 8 one bedroom studio style units with some recent remodeling.

$549,900

Neighborhood:

Foxwood J

Type:

Multi-Family

County:

Craighead

Area:

Elementary School:

Jonesboro Magnet

Middle School:

Macarthur

High School:

Jonesboro High School

Great investment opportunity located in the heart of Jonesboro. 8 one bedroom studio style units with some recent remodeling.

1 Bedroom Unit Kitchen	Yes
1 Bedroom Unit Living Room	Yes
1 Bedroom Unit Number Of Baths	1
2 Bedroom Unit Number Of Baths	0
3 Bedroom Unit Number Of Baths	0
4 Bedroom Unit Number Of Baths	0
Cooling Features	Wall/Window Unit
Floors	Ceramic Pergo Style
Heat Features	Wall Heater
Interior Features	Breakfast Bar Climate Control Smoke Alarm(s)
Number Of1 Bedroom Units	8
Number Of2 Bedroom Units	0
Number Of3 Bedroom Units	0
Number Of4 Bedroom Units	0
Window Treatment	Blinds

1 Bedroom Unit Actual Rents	600.00
1 Bedroom Unit Includes	2 Car Parking Electric Heat Window Unit
1 Bedroom Unit Lease MY	Monthly
2 Bedroom Unit Actual Rents	0.00
3 Bedroom Unit Actual Rents	0.00
4 Bedroom Unit Actual Rents	0.00
Agent Owned	No
Auction	No
Builder Owned	No
Electric Features	CW&L
Fips Code	31
Flood Zone	No
Gross Income	57600.00
Insurance Expense	3200.00
Landscape Expense	0.00
Lease Type	Net
Lot Description	Landscaped Level
Maintenance Expenses	0.00
Management Expenses	0.00
Net Income	49000.00
Possession	At Closing
Property Subtype1	Apartments
Reo Property	No
Sewer Septic	City Sewer
Short Sale	No
Tax Year	2024
Taxes	3670.00
Terms	Cash In House
Transaction Type	Sale
Utility Expense	1400.00
Water Supply	City

Listing information © 2025 Jonesboro Board of REALTORS® MLS.
Listing provided by Halsey Thrasher Harpole Real Estate Group: 870-972-9191.