504 and 506 Mimi Lane
Property Description
Both units are occupied currently with over 20% investment return!! Don't miss the great opportunity to own this duplex each unit featuring 3 bedrooms and 2 bathrooms in popular West Little Rock! It presents a compelling investment opportunity with its strategic location and potential for steady rental income. Positioned in a highly accessible area, it is just minutes away from major shopping centers, health care facilities, restaurants, and schools, with easy access to the interstate, making it appealing to a diverse range of tenants. The property consists of two separate units, allowing for flexibility in rental strategies. Investors can opt to rent both units for dual income or occupy one while leasing the other, ensuring a consistent cash flow. Each unit has its own utilities, minimizing the landlord's responsibilities. Each unit has its outside storage area and decking for entertaining, the left side units has new LVP flooring, new paint, new fans, new kitchen hood, new vanities, new glass top electric range, disposal and toilets; the sewer line has been replaced as well.HVAC at right side unit replaced 2024. See showing remarks.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $219,000 |
| No. of Units: | 2 |
| Year Built: | 1977 |
| Lot Size: | 2,250.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $109,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 4 |
ID: 3yd-CARMLS-26029568
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