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622 S Wright Street , Siloam Springs, AR 72761

$310,000
  • 622 S Wright Street , Siloam Springs, AR 72761 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET3,029 MLS#1347919
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONCRANES ADD-SILOAM SPRINGS SCHOOLSiloam Springs

Property Description

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.

622 S Wright Street | MLS# 1347919

This multi-family property located at 622 S Wright Street , Siloam Springs, AR 72761 is currently listed for sale with an asking price of $310,000. S Wright Street is located within the Siloam Springs school district. Search Siloam Springs real estate on online.fusion2b.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: None, Crawl Space
Cooling: Window Unit(s)
Heating: Other, Space Heater
Home Style: Traditional
Lot Size: 0.28 Acres
Roof Type: Architectural, Shingle
Stories: 2.0
Taxes: $2,978
Year Built: 1996

Amenities

None
Unpaved Driveway

Feature Descriptions

Appliances: Electric Oven, Electric Range, Gas Water Heater, Microwave, Refrigerator
Exterior: Stucco
Fencimg: Partial
Fireplace: None
Flooring: Carpet, Tile, Vinyl
Lot: Central Business District, Corner Lot, City Lot, Level
Parcel#: 03-01801-000
Parking: On Street
Parking Notes: On Street
Patio/Porch: Covered, Porch
Units: 4
Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Water: Public
Water Features: None

Local Schools

School District: Siloam Springs

Listed By / Shown By

Listed By

Agency Name: Keller Williams Market Pro Realty Bentonville West

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: NWAKBOR MLS

Estimate Your Payment

Estimated Payment

$ 1,028.51 per month $689.93 Principal & Interest $248.17 Property Tax $90.42 Homeowner's Insurance

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