Traditional

622 S Wright Street

Siloam Springs, AR 72761

MLS#: 1347919

$310,000

Status: Active
Listing number: 1347919
Listing provided by: Keller Williams Market Pro Realty Bentonville West
Listing agent phone: None
Last update: 2 hours ago
New on site today
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CRANES ADD-SILOAM SPRINGS - Residential

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1996

Sq.Footage

3,029

Excellent investment opportunity in Siloam Springs featuring +/- 3,029 SF across four rental units with strong income potential. The property includes two 1-bedroom, 1-bath units, one 2-bedroom, 1-bath unit, and one 3-bedroom, 2-bath unit, totaling 7 bedrooms and 5 bathrooms. Three units are currently occupied, with one lease secured through October 1 and two operating month-to-month, while one unit is currently vacant, creating additional upside potential. Current rental rates range from $650 to $1,200/mo. Recent improvements include updated cabinetry in each unit. While the property does not feature central HVAC, all units are equipped with window air conditioning units. The property consists of a two-story residence and a detached home, offering a flexible layout for tenants. Conveniently located just 350' from S Mt. Olive and approx. 0.5 miles from US Hwy-412, the property offers convenient access to shopping, schools, and major transportation, making it an attractive Northwest Arkansas investment opportunity.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Window Unit(s)

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Other, Space Heater

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Stucco

  • Parking

    On Street, Driveway, Unpaved, Paved

  • Patio and Porch Features

    Covered, Porch

  • Pool

    No

Area & Lot

  • Lot Features

    Corner Lot, City Lot, Level

  • Lot Size(acres)

    0.28

  • Property Type

    Residential

  • Property Sub Type

    Quadruplex

  • Architectural Style

    Traditional

Price

  • Sales Price

    $310,000

  • Tax Amount

    $2,978

  • Sq. Footage

    3, 029

  • Price/SqFt

    $102

HOA

  • Association

    Yes

  • Association Fee 2 Frequency

    Monthly

  • Association Fee Includes

    N/A

School District

  • Elementary School

    Siloam Springs

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • New Construction

    NO

  • Foundation Details

    Slab

  • Tax Lot

    12, 13

  • Water Source

    Public

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Location

County

Benton

Elementary School

Siloam Springs

Middle School

High School

Listing Courtesy of Salmonsen Group Realtors , Keller Williams Market Pro Realty Bentonville West

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Agent Debbie Neal

Branch Broker

Debbie Neal

Call Debbie today to schedule a private showing.

(479) 264-2099

debbieneal64@gmail.com


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Excellent investment opportunity in Siloam Springs featuring +/- 3,029 SF across four rental units with strong income potential. The property includes two 1-bedroom, 1-bath units, one 2-bedroom, 1-bath unit, and one 3-bedroom, 2-bath unit, totaling 7 bedrooms and 5 bathrooms. Three units are currently occupied, with one lease secured through October 1 and two operating month-to-month, while one unit is currently vacant, creating additional upside potential. Current rental rates range from $650 to $1,200/mo. Recent improvements include updated cabinetry in each unit. While the property does not feature central HVAC, all units are equipped with window air conditioning units. The property consists of a two-story residence and a detached home, offering a flexible layout for tenants. Conveniently located just 350' from S Mt. Olive and approx. 0.5 miles from US Hwy-412, the property offers convenient access to shopping, schools, and major transportation, making it an attractive Northwest Arkansas investment opportunity.

622 S Wright Street

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This excellent investment opportunity in Siloam Springs features a +/- 3,029 SF property with four fully occupied rental units. The property includes a mix of unit sizes: two 1-bed, 1-bath units, one 2-bed,1-bathunit, and one 3-bed, 2-bath unit, totaling 7 bedrooms and 5 bathrooms. One of the units has a contracted leases, two operates on a month-to-month basis, and one is currently vacant. Rental rates range from $650 to $1,200/mo. Each unit's cabinets have recently been painted. The property does not feature central air, each unit is equipped with a window unit. The property consists of a two-story home and a detached home. Conveniently located just 350 feet from S Mt. Olive St. and only 0.5 miles from US. Highway 412 and Harps Food Stores, this property provides easy access to local amenities and major roadways, making it an attractive option for investors.
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