300 Range Street, Marshall, AR 72650 (MLS # 23039526)
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Rare income producing rental property in Searcy County, AR just 3 blocks from the courthouse square in Marshall and only 15 minutes from the famous "Buffalo National River" where people can enjoy nature at it's finest in the form of camping, floating, hunting and hiking year round, in additon to, swimming in the summer. There is close to 1 million visitors per year visit Buffalo River which can make this property an excellent business venture in the form of nightly rentals. This property comes complete with a property manager's 2,006 square foot, 3 bed, 2 bath home & 4 apartments in a separate building next door. You could live in the home yourself & oversee your investment or hire a property manager to live on site to manage the property for you. 3 of the 4 units have been newly remodeled. All apratments are over 800 sq ft. New wiring & new plumbing as needed for all 4 apartments. The remodel job for apartment #3 is not complete. Some work has been done but more is needed before it would be ready to rent. The other 3 are move in ready & waiting for renters now. This property has been monthly rentals for more than 40 years. New buyer to complete remodel job for apartment #3.
| DAYS ON MARKET | 145 | LAST UPDATED | 12/28/2023 |
|---|---|---|---|
| TRACT | Metes & Bounds | YEAR BUILT | 1950 |
| COMMUNITY | MARSHALL | COUNTY | Searcy |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | MARSHALL |
|---|---|
| Jr. High School | MARSHALL |
| High School | MARSHALL |
| PRICE HISTORY | |
| Prior to Dec 28, '23 | $419,000 |
|---|---|
| Dec 28, '23 - Today | $389,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | MARSHALL |
| BASEMENT | Crawl Space |
| BUYER'S BROKERAGE COMPENSATION | 2.4v |
| CONSTRUCTION | Asbestos, Frame, Masonite |
| FIREPLACE | Yes |
| HEAT | Central, Electric |
| INTERIOR | In-Law Floorplan |
| LOT | 0.4 acre(s) |
| LOT DESCRIPTION | Level |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Other |
| SUBDIVISION | Metes & Bounds |
| TAXES | 804 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Randy McCallister, Goodman Realty Arkansas-Marshall
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Date last updated: 5/3/24 3:30 PM PDT
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