$339,900

622 S Wright St , Siloam Springs, AR 72761

 
Bedrooms:7 beds
Bathrooms:5 baths
Residential:3,029 sqft
Lot:0.28
Year Built:1996
Listing Status:Active

Listing Agent

Salmonsen Group Realtors
http://kwnorthwestarkansas.com/
Loan Amount:
Interest:
Term (Years):
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Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

+/- 9% cap rate on actual financials! This excellent investment opportunity in Siloam Springs features a +/- 3,029 SF property with four fully occupied rental units. The property includes a mix of unit sizes: two 1-bed, 1-bath units, one 2-bed,1-bath unit, and one 3-bed, 2-bath unit, totaling 7 bedrooms and 5 bathrooms. Three of the units have contracted leases, while one operates on a month-to-month basis, with rental rates ranging from $600 to $1,100/mo. Each unit's cabinets have recently been replaced. The property does not feature central air, each unit is equipped with a window unit. The property consists of a two-story home and a detached home. Conveniently located just 350 feet from S Mt. Olive St. and only 0.5 miles from US. Highway 412 and Harps Food Stores, this property provides easy access to local amenities and major roadways, making it an attractive option for investors.

Detailed Items

Other Information

622 S Wright St, Siloam Springs, AR, 72761 is a residential listing of 3,029 sqft on a lot of 0.28. This residential listing has 7 bedrooms, and 5 baths. The map for this location can be viewed on Google maps at Google maps to property622 S Wright St, Siloam Springs, AR
Copyright © 2025 Northwest Arkansas Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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