Springdale, AR 72764,902 Caudle Ave
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Springdale, AR 72764,902 Caudle Ave
Springdale, AR 72764,902 Caudle Ave
Springdale, AR 72764,902 Caudle Ave
Springdale, AR 72764,902 Caudle Ave

$557,000

Est. payment /mo

$625,000

10.9%
Est.Price: ?

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902 Caudle Ave Springdale, AR 72764

3,924 SqFt

SOLD DATE : 08/09/2023

Key Details

Sold Price $557,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 3,924 sqft

Price per Sqft $141

MLS Listing ID 1242324

Sold Date 08/09/23

HOA Y/N No

Year Built 1946

Annual Tax Amount $1,448

Lot Size 8,563 Sqft

Acres 0.1966

Property Sub-Type Other

Property Description

Investing in a multi-family property like this boarding house can be a profitable venture, especially if managed effectively. This interesting investment opportunity, A 13-room licensed boarding house near the airport and downtown Springdale, with multi-family zoning, certainly has its advantages.
As a currently operating weekly boarding house, it already generates income. You can continue to operate it in the same way or explore other rental options such as monthly or long-term leases, depending on the demand and your business plan. The seller has reported, there is quite a demand for these types of accommodations and affordable housing in the area.
The inclusion of a coin laundry is beneficial since it provides an additional revenue stream and convenience for tenants. Ample parking is also a valuable asset, as it can accommodate the needs of multiple tenants or guests.
Please contact agent for showing instructions.
Also listed as MLS# 1242261

Location

State AR

County Washington

Zoning N

Direction 71 B or 265 to Emma - South on Park. East on Caudle. Old Missouri to Robinson (412) North on Powell. East on Caudle

Rooms

Basement Crawl Space

Interior

Heating Space Heater

Cooling Window Unit(s)

Flooring Carpet, Vinyl

Appliance Electric Water Heater

Exterior

Roof Type Metal

Total Parking Spaces 13

Building

Lot Description Corner Lot, Industrial Park

Foundation Crawlspace, Slab

Structure Type Stucco

Others

Security Features Fire Alarm

Special Listing Condition None

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Listed by Urban Cottage
Bought with Engel & Volkers Springdale
agent

Kevin Maestri

Broker | License ID: EB00084113

+1(479) 283-0429

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