701 N 2nd McGehee, AR 71654

Multi-Family (2-4 Units) MLS #: 24042542 Courtesy Of Bottoms Farm Home Realty

$85,000

3,993 sq ft
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Est. Property Tax: $594
Estimated monthly payments: $421/mo.* (recalculate)

Property InformationDescription

WOW-MAJOR PRICE REDUCTION- Multi-Unit Apartment Complex in McGehee, Arkansas Prime Investment Opportunity! Located at 701 N 2nd and 206 N Ash in McGehee, this 5-unit apartment complex offers a versatile mix of living spaces to suit a variety of tenants. Units Breakdown: Three efficiency apartments: Perfect for single occupants or couples. One 2-bedroom apartment (with potential to convert to 3 bedrooms): Flexible layout for larger tenant needs. A spacious 3-4 bedroom house: Detached from the other units, only connected by a large garage, offering added privacy and comfort. Features: Convenient location in McGehee, close to amenities. Large shared garage offering ample storage or parking options. This property provides excellent rental potential, whether you re an investor seeking consistent income or looking for a mixed-use property to manage. Don t miss out on this versatile and income-generating opportunity!
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Features

  • Architecture Style: New Traditional
  • Cooling System: Heat Pumps, Window Unit(s) A/C
  • Exterior Type: Brick
  • Floor Covering: Carpet, Carpet - Partial, Wood
  • Heating System: Central Furnace
  • Lot Size: 0.32 Acres

MAP & DIRECTIONS

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701 N 2nd, McGehee, AR 71654
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School Information

701 N 2nd, McGehee, AR 71654

Elementary School
Grades PK-6 | Public School
MCGEHEE ELEMENTARY SCHOOL
Mc Gehee, AR 71654
409 W Oak St
870.­222.5400
Distance: 0.5 mi
School Rating
B+
Student:Teacher Ratio
13:1
Total Students
663
Middle School
Grades 7-12 | Public School
MCGEHEE HIGH SCHOOL
McGehee, AR 71654
1902 E Ash St
870.­222.3600
Distance: 1.2 mi
School Rating
D+
Student:Teacher Ratio
11:1
Total Students
536
High School
Grades 7-12 | Public School
MCGEHEE HIGH SCHOOL
McGehee, AR 71654
1902 E Ash St
870.­222.3600
Distance: 1.2 mi
School Rating
D+
Student:Teacher Ratio
11:1
Total Students
536

Demographic Data

Mc Gehee, AR 71654

Median Age: 41
Married: 33%
Number of Households: 1,535
Households with Children: 30.2%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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