$900,000
$300,000
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471-481 W Spruce St Fayetteville, AR 72703
4,800 SqFt
Key Details
Sold Price $900,000
Property Type Townhouse
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $187
Subdivision Fred Holden Add
MLS Listing ID 1291622
Sold Date 02/25/25
Construction Status 25 Years or older
HOA Fees $120/mo
HOA Y/N No
Year Built 1973
Annual Tax Amount $2,142
Lot Size 0.300 Acres
Acres 0.3
Property Sub-Type Duplex
Property Description
Investment gem within 1 mile of U of A campus in a high-demand market with under 2% vacancy! This duplex offers excellent value-add potential, making it an ideal choice for investors looking to maximize returns. With rental rates currently well below market value, there's immediate upside for savvy buyers ready to reposition and increase cash flow. The location is unbeatable for student and professional renters, promising a steady occupancy and income stream. Don't miss this rare opportunity in Fayetteville's competitive rental market—perfect for capitalizing on rising rental trends! Taxes and legal TBD. Units are condos and under a POA, message for details.
SOLD AS PACKAGE OF 3 DUPLEXES
Location
State AR
County Washington
Community Fred Holden Add
Zoning N
Direction North St. and Gregg, North to Spruce. (1 Block before Sycamore). Right to property.
Interior
Interior Features None
Heating Central
Cooling Central Air
Flooring Ceramic Tile, Luxury Vinyl, Luxury VinylPlank
Appliance Dishwasher, Electric Range, Disposal, Gas Water Heater, Microwave, Refrigerator, Washer
Exterior
Fence None
Community Features Near Schools, Park
Roof Type Architectural,Shingle
Street Surface Paved
Road Frontage Shared
Garage No
Building
Lot Description Cul-De-Sac, Near Park, Secluded
Story 1
Foundation Slab
Level or Stories One
Structure Type Brick
New Construction No
Construction Status 25 Years or older
Schools
School District Fayetteville
Others
Special Listing Condition None
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Bought with Prime Real Estate and Development