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102 E 14th St - 102 E. 14th Street 1,241 SF Specialty Building Offered at $193,830 CAD at a 8.27% Cap Rate in Hope, AR 71801

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INVESTMENT HIGHLIGHTS

  • Long term tenant in place! Instant Cash Flow!
  • House is in great condition and in a desirable neighborhood!
  • Current rent is under market - potential to raise rent!

EXECUTIVE SUMMARY

2-3 Bedroom House For Sale!
Currently a 2 BR house with an existing tenant of four years, this is an excellent opportunity for an investor. Instant cash flow with rent currently UNDER MARKET VALUE. There is room to raise existing rent based on local market conditions.
This is turnkey investment property is an easy addition for any real estate investor!
? Existing tenant for 4 years
? ~ 1,240 sq ft
? Extended carport
? New roof
? Central Heat/Air
? Completely fenced
? Excellent condition
Asking Price: $140,000

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual -
Annual Per SF -

PROPERTY FACTS

Price $193,830 CAD
Price Per SF $156.19 CAD
Sale Type Investment or Owner User
Cap Rate 8.27%
Property Type Specialty
Property Subtype Residential Income
Building Class C
Lot Size 0.09 AC
Building Size 1,241 SF
No. Stories 1
Year Built 1985
Opportunity Zone Yes
Zoning C-4 - A recent survey zoned this property as Commercial. However, it is in a neighborhood with businesses nearby. Adjacent to a commercial building.

AMENITIES

  • Air Conditioning
  • Fiber Optic Internet
  • Smoke Detector
  • Listing ID: 32039375

  • Date on Market: 2024-06-06

  • Last Updated:

  • Address: 102 E 14th St, Hope, AR 71801

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