1101 SE Front Street575 new Save Request In-Person Tour Request Virtual Tour
Walnut Ridge,AR 72476
Key Details
Property Type Multi-Family
Sub Type Apartments
Listing Status Active
Purchase Type For Sale
Square Footage 3,072 sqft
Price per Sqft $113
Subdivision Ortos Front
MLS Listing ID 25002209
Style Traditional
Bedrooms 6
Year Built 2020
Annual Tax Amount $1,298
Tax Year 2023
Lot Size 0.260 Acres
Acres 0.26
Property Description
Discover a prime investment opportunity in this 6-unit apartment complex, built in 2020 in Walnut Ridge, Arkansas. Featuring a durable metal roofing and low-maintenance vinyl siding, each unit offers one bedroom, one bathroom, and 100% current occupancy. The apartments showcase practical acid-stained concrete floors and a complete appliance package, including refrigerator, washer, and dryer. The property ensures modern building standards and energy-efficient features, minimizing immediate repair needs. Combined with modern amenities and full occupancy, makes this a standout investment opportunity. Ideal for seasoned investors or those entering the real estate market, this turn-key property offers a low-risk approach to generating consistent rental income and building generational wealth. The blend of contemporary design and practical functionality positions these six units as an exceptional investment with strong potential for continued financial performance.
Location
State AR
County Lawrence
Area Lawrence County
Zoning R-3
Rooms
Kitchen Electric Range,Refrigerator-Stays,Exhaust Fan
Interior
Interior Features Washer-Stays,Dryer Connection-Electric,Dryer-Stays,Hot Water Heater-Electric,Smoke Detector,Fan - Ceiling,All Units
Heating Other (see remarks)
Flooring Concrete
Equipment Electric Range,Refrigerator-Stays,Exhaust Fan
Exterior
Parking Features Parking Pads
Utilities Available Sewer-Public,Water-Public,Electric-Co-op,TV-Cable,All Underground
Roof Type Metal
Building
Lot Description Level,Corner Lot,Cleared
Foundation Slab
New Construction No
Schools
Elementary Schools Walnut Ridge
Middle Schools Walnut Ridge
High Schools Walnut Ridge