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$1,900,000 - 305 S Border Street, Benton

-
Bedrooms
-
Baths
17,664
SQ. Feet
1
Acres

Perfectly maintained and updated, minutes from downtown and blocks away from freeway access. Fantastic opportunity to start or build an investment portfolio as property has been well kept with excellent tenants. Easy to rent. Updates include: 1.) 6 exterior stairwell / decks have been replaced and painted. 2.) Exterior concrete scraped and painted around all units. 3.) 49 windows have been replaced 4.) Fence added along the drainage ditch 5.) 15 new HVAC units 6.) 12 Water heaters 7.) A new sump pump was installed to improve drainage. 8.) 30 various appliances (refrigerator, washer, dryer, stove, dishwasher) 9.) 12 apartments have new open floor plans and have been completely remodeled within the last 5 years, including upgraded counter tops lighting, cabinets and flooring. 11 apartments have original floor plans and have been completely remodeled, (no upgrade to cabinets or counter tops but floors and paint done). 2 units have tenants that have lived in the units for over 5 years and no recent upgrades have been made. The average rent has gone from 550 monthly to 800 monthly.

Essential Information

  • MLS® #:
    24024868
  • Price:
    $1,900,000
  • Square Footage:
    17,664
  • Acres:
    1.00
  • Year Built:
    1990
  • Type:
    Commercial
  • Sub-Type:
    Business, Bldg and Land
  • Style:
    Traditional
  • Status:
    Active

Community Information

  • Address:
    305 S Border Street
  • Area:
    Benton
  • Subdivision:
    Not in Subdivision
  • City:
    Benton
  • County:
    Saline
  • State:
    AR
  • Zip Code:
    72015

Amenities

  • Utilities:
    Sewer-Public, Water-Public, Electric-Municipal, Gas-Natural
  • Parking Spaces:
    24

Interior

  • Heating:
    Central Heat-Gas
  • Cooling:
    Central Cool-Electric
  • # of Stories:
    2

Exterior

  • Exterior Features:
    Dumpster, Video Surveillance
  • Lot Description:
    Level
  • Roof:
    Composition
  • Foundation:
    Slab

Additional Information

  • Date Listed:
    July 12th, 2024
  • Days on Market:
    125
  • HOA Fees:
    0.00

Listing Details

  • Listing Agent:
    Lindsey Blaylock
  • Listing Office:
    Bailey & Company Real Estate

The information being provided by the Cooperative Arkansas REALTORS® MLS, Inc. is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: November 14th, 2024 at 7:39am CST.