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$1,170,000 USD
311 Madison Avenue
Jonesboro, Arkansas 72401-2714
USA
Jonesboro, Arkansas 72401-2714
USA
761.78 m2 ::
8,200 sqft
Residential For Sale, Other Residential
Sale price per sqm: 1,535.83
Tax: 2,023 USD
Remarks:
These 6 townhouse's sound like a fantastic investment opportunity, especially with its prime location in Downtown Jonesboro. The convenience of being within walking distance to major downtown attractions, events, and restaurants is a huge selling point. The fact that it's currently utilized as nightly rentals with an 80% occupancy rate in 2023 suggests a strong demand for short-term stays in the area. And the option to convert it into long-term rentals provides flexibility for potential buyers. With three bedrooms, two full baths, and one half bath in each unit, it offers comfortable living spaces for tenants or guests. Plus, having a back deck to enjoy the evenings adds to the appeal. Overall, it seems like a well-rounded investment property that offers both a solid rental income potential and a desirable location for tenants or future homeowners. *** Seller has priced this with the buyer using the Townhomes as long term rentals. If new buyer would like to continue as nightly rental the furnishing can be purchased at additional cost. Call us or your agent today for a private showing. We also have a virtual tour of one of the units as well just ask us or your agent for details.
Features:
- Construction: Brick
- Appliances: Ceiling Fan
- Property Features: Deck
- Floors: Tile
- Heating System: Heat Pump
- Cooling System: Central AC
Location:
311 Madison Avenue, Jonesboro, Arkansas 72401-2714, USA
Listed By CENTURY 21 PORTFOLIO
The Residential For Sale, Other Residential located at 311 Madison Avenue, Jonesboro, Arkansas 72401-2714, USA is currently for sale. 311 Madison Avenue, Jonesboro, Arkansas 72401-2714, USA is listed for $1,170,000 USD. This property has 8,200 sqft. If the property located at 311 Madison Avenue, Jonesboro, Arkansas 72401-2714, USA isn't what you're looking for, search Arkansas Real Estate to see other Homes For Sale in Jonesboro.