BEDS4
BATHS2 full
SQUARE FEET2,040
MLS#26032078
STATUSActive
PROPERTY TYPEResidential - Condominium
SUBDIVISIONMetes & Bounds
NEIGHBORHOODLawrence County
Property Description
Perfect opportunity for investors looking for an income-producing property with established tenants! This well-maintained duplex offers approximately 2,040 square feet with 2 bedrooms and 1 bath in each unit. One bedroom is oversized and could potentially be divided to create additional sleeping space or flexibility for the future. Both units feature an open floor plan, comfortable living spaces, and access to a nice shared front porch. Plenty of off-street parking is available in front of the property. Both units are currently rented, with tenants paying their own utilities. One tenant has been in place for approximately 6 years and the other for approximately 2 years, providing a strong rental history. Unit A features a gas water heater (2016) and HVAC system (2008), dishwasher. Unit B has an electric water heater (2021), HVAC system (2020), and updated vinyl windows. A shared tornado shelter is also available for the residents. A solid investment opportunity with established occupancy and potential for continued rental income.
Property Features
Property Type: Residential - Condominium
Basement: None
Cooling: Central
Fenced: Yes
Heating: Central Heat
Lot Size: 0.35 Acres
Roof Type: 3 Tab Shingles
Stories: 1.0
Taxes: $1,636
Amenities
Washer Connection
Dryer Connection-Electric
Water Heater-Gas
Water Heater-Electric
Ceiling Fan(s)
Video Surveillance
Kit Counter-Formica
Partially Fenced
Storm Cellar
Video Surveillance
Covered Patio
Feature Descriptions
Appliance(s)/Kitchen Equipment: Gas Range, Dishwasher
Area Amenities: None
Days on Site: 82
Dining: Eat-In Kitchen
Exterior: Brick & Frame Combo
Fireplace: None
Flooring: Laminate
Lot descriprion: Level, Not in Subdivision
Lot Dimensions: 0.35 acre(s)
Other Room(s): None
Parking Notes: Four Car or More
Sewer: Public Sewer
Water: Public Water
Local Schools
High School: Sloan Hendrix
Middle School: Sloan Hendrix
Elementary School: Sloan Hendrix
Listed By / Shown By
Listed By
Agency Name: Scenic Rivers Realty
Agency Phone: 870-869-1515
Shown By
Agency Title: Crye-Leike Real Estate Services - Adaro Realty - Memphis
Agency Phone: 901-751-6675
Source: Arkansas MLS
Estimate Your Payment
Estimated Payment
$ 579.37 per month $391.70 Principal & Interest $136.33 Property Tax $51.33 Homeowner's InsuranceChange Payment Information
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206 Fair Park Dr | MLS# 26032078
This condo located at 206 Fair Park Dr, Imboden, AR 72434 is currently listed for sale with an asking price of $176,000. This property has 4 bedrooms and 2 full baths with 2040 sq. ft. Fair Park Dr is located in the Metes & Bounds subdivision. Search Metes & Bounds real estate on www.adarorealty.com today.