$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