Description
Two buildings, three income streams, one closing. This offering pairs a duplex with a freestanding commercial building on a single parcel in the Downtown Jonesboro Redevelopment District, priced at $57 per square foot across 2136 total square feet. The duplex holds two 1 bedroom, 1 bath units, each with its own living room and kitchen with range, refrigerator, and dishwasher. Both are currently rented and produce a combined $1,550 per month, with modest room to move toward market rates at turnover. The commercial building is leased to a music store, adding a third income stream and a working storefront on Flint Street. The location does real work here: the Redevelopment District continues to pull investment toward downtown Jonesboro, and parcels that combine residential and commercial income rarely surface at this price. Hold it as-is for cash flow, improve rents over time, or position it for redevelopment as downtown grows. A financial summary is available, with full detail provided to qualified buyers.
Details
| MLS # | 26033244 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | For-sale |
| Status | Active |
| Year | 0 |
| Days On Site | 50 |
| Listing Provided By | JCS Realty | Cole Stevenson |
Features
| Story(s) | 1 |
|---|---|
| Units | 2 |
| Zoning | r2 |
| Acreage | 99999.00 |
Exterior
| Exterior | Other (see remarks) |
|---|---|
| Roof | Architectural Shingle |
| Foundation | Crawl Space |
Utilities
| Utilities | Sewer-Public, Water-Public, Electric-Municipal, Gas-Natural |
|---|
Taxes
| Property | 1319 |
|---|
Area Information
| State | AR |
|---|---|
| County | Craighead |
| City | Jonesboro |
| Zip Code | 72401 |
| Area | Jonesboro D |
| Subarea | Jonesboro D |
| Community Name | Burns |
| Listing VS Median (in Burns) | |
Price: $179,000 low | high Med: $0 On site: 50 low | high Med: | |
Request a showing
Request a showing
Contact
Learn More About This Property
| State | AR |
|---|---|
| County | Craighead |
| City | Jonesboro |
| Zip Code | 72401 |
| Area | Jonesboro D |
| Subarea | Jonesboro D |
| Community Name | Burns |
| Listing VS Median (in Burns) | |
Price: $179,000 low | high Med: $0 On site: 50 low | high Med: | |
