1308 Center StLittle Rock, AR 72202

Property Details for 1308 Center St

Year built

1958

Lot size

0.16 AC

Property size (Sq ft)

1,664 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents a 1-story, 2-unit apartment building ideally situated in Little Rock, Arkansas, at 1308 Center St, 72202. Built in 1958, this 1,664 square foot duplex sits on a 0.16-acre lot and boasts 100% occupancy as of September 3rd, 2024. Each unit features one bedroom and one bathroom, complete with in-unit laundry facilities. Currently generating a stable income of $750 per month per unit, this property offers a compelling return on investment. Its prime location, just steps from the SOMA District and close to the UALR School of Law and interstate access, ensures high demand and ease of tenant acquisition. Recent upgrades include new paint and appliances in one unit. Tenants are responsible for all utilities except water. Walk-through videos are available for prospective buyers to thoroughly assess the property's condition and appeal. This is a turnkey investment, perfect for a seasoned investor or someone looking to enter the multifamily market. The asking price is $172,000. Don't miss this chance to acquire a profitable and well-located property in a thriving urban area.

Location Insight

City

Little Rock

County

Pulaski

State

Arkansas

Latitude

34.7363

Longitude

-92.2754

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