Craighead County, AR

517 Paragould Drive
Jonesboro, AR 72401

0.85 Acres M/L
$640,000

Listing #15734

PROPERTY INFO

Description

Peoples Company is pleased to offer a very unique 8-plex apartment building near Arkansas State University in Jonesboro, AR. This property is an old school house that was converted to an 8-plex with 4-one bedroom apartments in basement and 4-two bedroom apartments upstairs. Property has been well maintained inside and out and has plenty of parking!

Legal Description

Lot 1B, Foster Estates Replat of Lot 1 PT NE NE in 15-14-4 of Lot 1

Details

The upstairs units include carpet, vinyl, gas stoves, refrigerators, painted sheetrock walls. The basement units include concrete floors, gas stoves, refrigerators and painted sheetrock.

  • Sign On Property: Yes
  • MLS Number: 10095023
  • Parcel Number: 01-144151-14900
  • School District: Nettleton
  • General Area: East Jonesboro
  • Net Taxes: $4,358.00
  • Gross Taxes: $4,358.00
  • Possession: At Closing
  • Terms: Cash

Directions

Heading north on Red Wolf Blvd., turn right on E. Nettleton Ave., left on Airport Road. Turn right on Aggie Road at the round about. Left on Paragould Drive. First stop sign property on left. Corner of Paragould Drive and Prospect Road.

Additional Info

Call listing agent to show.  Financials will be provided upon request of a qualified buyer.

INTERACTIVE MAP

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ATTACHMENTS