Corning AR Multi Family for Sale
$995,000
195 CR 137 Corning, AR 72422
- Type:
- Apartment
- Sq.Ft.:
- 9,632
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.5 Acres
- Baths:
- MLS#:
- 10112359
- Subdivision:
- Westwood
ADDITIONAL INFORMATION
20-doors! Three all brick buildings on +/-1.5 acres. Take a look at this investment opportunity offering not only a solid income stream but also the potential for expansion. Positioned near the future I-57 interstate, this complex is convenient for commuters, enhancing its desirability and long-term value. All 20 apartments were upgraded with new mini-split heating and air units in 2024, offering tenants comfort and energy efficiency. Additional revenue income from on-site coin-operated laundry. Room for value add and rate improvements. An additional +/- 1.0 acre with appproxmimatly 240 ft of highway frontage is available to purchase providing an excellent opportunity for further development, allowing you to capitalize on the demand for additional rental units or other business ventures.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.36 Acres
- Baths:
- MLS#:
- 127770
- Subdivision:
- Herb Smith
ADDITIONAL INFORMATION
Great multi family home or rental opportunity! Brick duplex, 3 BR 1BA, 1,150 sq ft on left side and 2BR 1BA, 1010 sq ft on the right side. Live on one side and enjoy rental income on the other side as a full time rental or Air BNB. Level 0.36 acre m/l fenced yard in a nice, well-maintained subdivision. Updated vinyl plank flooring, carpet, new vinyl windows and interior paint. Could be easily converted into a 5BR 2BA home. Many options with this home to fit your familyâ??s needs. Left side rented for $850 and right side rented for $750 Tenants pay their own utilities.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing the data believes the data to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Copyright 2024 Northeast Arkansas Board of Realtors. All rights reserved.
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| IDX Data Provided By The Mountain Home MLS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but not guaranteed. Some or all of the listings displayed may not belong to Xome. Copyright 2024 Mountain Home MLS. All rights reserved. |
Corning Real Estate
The median home value in Corning, AR is $23,500. This is lower than the county median home value of $75,400. The national median home value is $219,700. The average price of homes sold in Corning, AR is $23,500. Approximately 49.81% of Corning homes are owned, compared to 31.72% rented, while 18.47% are vacant. Corning real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Corning real estate agent to arrange a tour today!
Corning, Arkansas has a population of 3,205. Corning is less family-centric than the surrounding county with 18.52% of the households containing married families with children. The county average for households married with children is 24.17%.
The median household income in Corning, Arkansas is $25,262. The median household income for the surrounding county is $32,219 compared to the national median of $57,652. The median age of people living in Corning is 44.3 years.
Corning Weather
The average high temperature in July is 90.3 degrees, with an average low temperature in January of 27.3 degrees. The average rainfall is approximately 47.8 inches per year, with 7.5 inches of snow per year.