380 Jumbo Road,Melbourne, AR 72556
Melbourne, AR 72556
Description
Income Producing Rental Property for Sale Near Melbourne, Arkansas - 4 Rental Homes on 2.21 Acres Excellent investment opportunity in North Central Arkansas! Located just 1 mile outside of Melbourne, Arkansas, this income-producing rental property features four rental homes built in 2019, situated on 2.21 acres in a quiet and private country setting. With rental demand strong in Izard County, this property offers a great opportunity for investors looking for steady rental income, long-term investment, or expansion potential. The property includes a mix of efficient and low-maintenance homes. Two of the units are 1 bedroom, 1 bathroom homes with approximately 625 square feet, while the other two units offer 2 bedrooms, 1 bathroom with approximately 875 square feet of living space. Each rental includes appliances and modern construction, making them appealing to tenants who want comfortable living close to town while still enjoying a peaceful country atmosphere. The homes are currently rented, providing immediate income for the new owner. Priced to sell at $249,900
Details
| MLS # | 26008500 |
|---|---|
| Listing Type | For Sale |
| Style | Building And Land |
| Sub-Type | For-lease |
| Status | Active |
| Year | 2019 |
| Days On Site | 176 |
| Listing Provided By | United Country Ozark Realty | Cody Cooper |
Features
| SQ Feet | 2,712 |
|---|---|
| Story(s) | 1 |
| Acreage | 2.21 |
Exterior
| Exterior | Metal/Vinyl Siding |
|---|---|
| Roof | Metal |
| Foundation | Slab |
Utilities
| Utilities | Sewer-Public, Water-Public, Electric-Co-op |
|---|
Taxes
| Property | 1832 |
|---|
Area Information
| State | AR |
|---|---|
| County | Izard |
| City | Melbourne |
| Zip Code | 72556 |
| Area | IZARD COUNTY (SOUTHWEST) |
| Subarea | IZARD COUNTY (SOUTHWEST) |
| Community Name | Metes & Bounds |
| Listing VS Median (in Metes & Bounds) | |
Price: $249,900 low | high Med: $214,900 sqft: 2,712 low | high Med: 1,522 $ / sqft: $92 low | high Med: $141 On site: 176 low | high Med: 121 | |
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Learn More About This Property
| State | AR |
|---|---|
| County | Izard |
| City | Melbourne |
| Zip Code | 72556 |
| Area | IZARD COUNTY (SOUTHWEST) |
| Subarea | IZARD COUNTY (SOUTHWEST) |
| Community Name | Metes & Bounds |
| Listing VS Median (in Metes & Bounds) | |
Price: $249,900 low | high Med: $214,900 sqft: 2,712 low | high Med: 1,522 $ / sqft: $92 low | high Med: $141 On site: 176 low | high Med: 121 | |