Unique income-producing investment opportunity with multiple rental streams under one roof! Originally a 4-bedroom, 2-bath home, the property is currently configured with 7 individual bedrooms, each with a closet, plus shared kitchen and dining areas. Fullly furnished. Rooms are rented individually on a month-to-month basis at $650 per month, providing potential gross rental income of up to $4,550 per month at full occupancy. Current occupancy is approximately 50% as ownership has reduced occupancy in anticipation of the sale. Existing tenants have been in place for 6+ months. Utilities and Wi-Fi are currently owner-paid. Security cameras are located in common areas. Laundry hookups remain available, although laundry equipment is not currently provided. Roof is approximately 4 years old. Rent roll and financial information available upon request. Buyer to independently verify zoning, permitted use, occupancy requirements, property configuration, and financial information.
Based on the average sale price from the Paragould, AR office
Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
6916 Cloverdale Dr Little Rock, AR is a Single Family Home for sale at $249000 with 2217 sqft and a lot size of 0.22 Acres Acre(s). 6916 Cloverdale Dr Little Rock has 7 bedrooms, 2 baths and was built in 1959. The property's zip code is 72209 which is in Little Rock, AR
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.