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222 Union Street

Jonesboro, AR 72401
  • $2,450,000
  • STATUS: Active
  • ON SITE: 64 Days
  • MLS #: 10112402
UPDATED: 108 min ago
$2,450,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,125
    SQFT
  • $1,153
    $/SQFT
Neighborhood:
Type:
Multi-Family
County:
Area:
E

School Information

Elementary School:
Middle School:
High School:

Description

The Wesley Lofts on Union Ave. This building is a great investment opportunity with 11 units. There are 2 units that are 1 Bedroom/1 Bathroom that rent for $1400 monthly and 9 units that are 2 Bedroom/2 Bathroom that rent for $1550. Gorgeous brick with private parking area. Units have stacked washer/dryer units, luxury vinyl flooring throughout and exposed brick. Rooftop communal area with fire pit and grilling area. Located in Downtown Jonesboro within walking distance of the many restaurants and shopping, and short drive to St. Bernard Hospital and Arkansas State University. LVP Flooring. There is gated parking but only few spots so property management does assigned parking for additional $150 a month. When leasing we include water, sewer, gas and basic internet.

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Northeast Arkansas Board of Realtors (Jonesboro Board of Realtors) logo © 2024 Jonesboro Board of REALTORS® MLS. All rights reserved.
www.neahomes4sale.com/homes/148838523
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222 Union Street Jonesboro, AR 72401

  • Price: $2,450,000
  • Status: Active
  • On Site: 64 Days
  • Updated: 108 min ago
  • MLS #: 10112402
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2,125
SQFT
$1,153
$/SQFT
Neighborhood:
Stephensons
County:
Craighead
Area:
E
Elementary School:
Jonesboro Magnet
Middle School:
Annie Camp
High School:
Jonesboro High School
Property Description
The Wesley Lofts on Union Ave. This building is a great investment opportunity with 11 units. There are 2 units that are 1 Bedroom/1 Bathroom that rent for $1400 monthly and 9 units that are 2 Bedroom/2 Bathroom that rent for $1550. Gorgeous brick with private parking area. Units have stacked washer/dryer units, luxury vinyl flooring throughout and exposed brick. Rooftop communal area with fire pit and grilling area. Located in Downtown Jonesboro within walking distance of the many restaurants and shopping, and short drive to St. Bernard Hospital and Arkansas State University. LVP Flooring. There is gated parking but only few spots so property management does assigned parking for additional $150 a month. When leasing we include water, sewer, gas and basic internet.
Exterior Features

Exterior Brick Exterior Amenities Paved Streets Fencing Features None Levels Two Story Parking Features AssignedPaved Roof Flat Style 2 StoryTraditional

Interior Features

1 Bedroom Unit Kitchen Yes 1 Bedroom Unit Living Room Yes 1 Bedroom Unit Number Of Baths 1 2 Bedroom Unit Kitchen Yes 2 Bedroom Unit Living Room Yes 2 Bedroom Unit Number Of Baths 2 3 Bedroom Unit Number Of Baths 0 4 Bedroom Unit Number Of Baths 0 Cooling Features Central AirElectric Floors VinylOther/See Remarks Heat Features CentralNatural Gas Interior Features CableCeiling Fan(s)Climate Control Laundry Features Dryer ProvidedWasher Provided Number Of1 Bedroom Units 2 Number Of2 Bedroom Units 9 Number Of3 Bedroom Units 0 Number Of4 Bedroom Units 0 Window Treatment Blinds

Property Features

1 Bedroom Unit Actual Rents 1400.00 1 Bedroom Unit Deposit Yes 1 Bedroom Unit Includes Applies to Some UnitsCentral AirDishwasherGas HeatOwner Pays HeatRangeRefrigeratorTenant Pays Electric 1 Bedroom Unit Lease MY Yearly 2 Bedroom Unit Actual Rents 1550.00 2 Bedroom Unit Deposit Yes 2 Bedroom Unit Includes Applies to Some UnitsCentral AirDishwasherGas HeatOwner Pays HeatRangeRefrigeratorTenant Pays Electric 2 Bedroom Unit Lease MY Yearly 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 Gas Features Natural Gas Gross Income 199200.00 Insurance Expense 0.00 Landscape Expense 0.00 Lease Type Net Lot Description Common Area(s)LevelOther/See Remarks Maintenance Expenses 0.00 Management Expenses 0.00 Net Income 0.00 Occupant Type Tenant Possession At Closing Property Subtype1 Apartments Reo Property No Sewer Septic City Sewer Short Sale No Tax Year 2023 Taxes 2932.00 Terms CashConventional Transaction Type Sale Utility Expense 0.00 Water Supply City

Listing information © 2024 Jonesboro Board of REALTORS® MLS.
Listing provided by Burch & Co: 870-680-3820.

Northeast Arkansas Board of Realtors (Jonesboro Board of Realtors) logo © 2024 Jonesboro Board of REALTORS® MLS. All rights reserved.
 
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Halsey Thrasher Harpole Real Estate Group
301 W Washington
Jonesboro AR, 72401