Great investment opportunity
Investment opportunity in Paragould AR. 52 total units, seller is willing to split but prefers to sell as package deal. Addresses include: 906 Vance, 204 B St, 800 N. 15th, 802 N. 15th, 804 N. 15th, 1401 Anthony, 1403 Anthony, 1403 Barton, 1405 Barton, 1407 Barton, 708 S. 5th, 422 Cynthia, and 420 Cynthia,
Discover a solid investment with this triplex located in a peaceful country setting. It generates $1,500 monthly income, boasting a strong profit margin and a complete occupancy record. Each of the three units features 2 bedrooms and 1 bathroom, with tenants covering all utility costs. Sitting on 3.65 acres, there's ample space to expand and add more units, enhancing its income potential. This property promises immediate cash flow from day one of ownership, supported by its excellent rental history. A straightforward, profitable opportunity for those looking to invest in real estate.
The median home value in Paragould, AR is $174,625. This is higher than the county median home value of $154,400. The national median home value is $338,100. The average price of homes sold in Paragould, AR is $174,625. Approximately 53.75% of Paragould homes are owned, compared to 39.37% rented, while 6.87% are vacant. Paragould 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 Paragould real estate agent to arrange a tour today!
Paragould, Arkansas has a population of 29,327. Paragould is less family-centric than the surrounding county with 26.85% of the households containing married families with children. The county average for households married with children is 27.42%.
The median household income in Paragould, Arkansas is $49,977. The median household income for the surrounding county is $51,367 compared to the national median of $69,021. The median age of people living in Paragould is 35.2 years.
The average high temperature in July is 90.3 degrees, with an average low temperature in January of 27.5 degrees. The average rainfall is approximately 48.7 inches per year, with 4.5 inches of snow per year.