$260,000
$299,000
13.0%For more information regarding the value of a property, please contact us for a free consultation.
513, 515, 517, 519 Main Ave Lincoln, AR 72744
8,362 SqFt
Key Details
Sold Price $260,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 8,362 sqft
Price per Sqft $31
MLS Listing ID 1297048
Sold Date 04/11/25
HOA Y/N No
Year Built 1927
Annual Tax Amount $2,850
Lot Size 1.214 Acres
Acres 1.214
Lot Dimensions 1.21 AC
Property Sub-Type Other
Property Description
Wonderful investment opportunity: own a combination of two single family homes, a multi-family unit, and a duplex right off Main Ave in Lincoln. Gross yearly income is 35k. Perfect for a 1031 tax exchange, investment property, or live in one as your own and rent out the others. The units are occupied. Showings with accepted offers only. Do not disturb the tenants. The lot is 1.2 acres total. Included on the lot is a single family framed house built in 1927 w/t 1,286 sq ft. A duplex built in 1927 that's 3,248 SF. Multi-family unit built in 1927 is 3,300 sq ft and a mobile built in 1975 that's 528 sq. ft. Court House estimates the taxes to be around 2,850 a year. This property has not been on the market in a very long time. Hard to find this kind of acreage in town. Conveniently located near Pridemore (750'), Harps (1,200'), schools, and emergency services. The lot dimensions are 232' x 216'. All utilities are available, electric, gas, high speed, water, sewer, phone, cable, etc. No real estate signs will be posted.
Location
State AR
County Washington
Direction I-49 Exit 62, travel west on Hwy 62 into Lincoln, left on S. Main Ave. Property is towards the end of the road on the right
Interior
Interior Features None
Heating Other
Cooling Other
Appliance Water Heater
Exterior
Utilities Available Cable Available, Electricity Available, Fiber Optic Available, Natural Gas Available, Water Available
Roof Type Fiberglass,Metal,Other,Shingle,See Remarks
Building
Lot Description Other, See Remarks
Foundation Other, See Remarks
Water Public
Structure Type Metal Siding,Other,Redwood Siding,See Remarks,Stucco
New Construction No
Others
Special Listing Condition None
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Bought with Flat Fee Realty