Benton, AR 72015,20 Hiland Place
Benton, AR 72015,20 Hiland Place
Benton, AR 72015,20 Hiland Place
11
$194,000
$199,000
2.5%
Est.Price: ?

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1,560 SqFt

20 Hiland Place Benton, AR 72015

Est. payment /mo
SOLD DATE : 09/27/2024

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Key Details

Sold Price $194,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,560 sqft

Price per Sqft $124

Subdivision Hiland

MLS Listing ID 24028272

Sold Date 09/27/24

Style Traditional

Year Built 1954

Annual Tax Amount $1,169

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type Duplex

Property Description

For Sale: Fully Rented Duplex in the Heart of Revitalized Benton, AR - 20 Hiland Place. An outstanding investment opportunity awaits in Benton, AR! Welcome to 20 Hiland Place, a fully rented duplex nestled in a neighborhood experiencing remarkable revitalization. With both units currently leased at $1045 and $845 With the potential for further rent growth, this property promises not only immediate income but also significant appreciation potential. Market rent is $1045. Key Features: Prime location: Situated in a neighborhood undergoing substantial revitalization, this duplex is perfectly positioned to benefit from the area's growth and increased demand. Rental income: Both units are fully rented, generating a combined monthly income of $1,890. There's ample room for rent growth in line with the neighborhood's resurgence. Recent remodel: The duplex has been recently remodeled, ensuring modern amenities and comfort for tenants while minimizing maintenance concerns for the new owner. Strong rental market: Benton boasts a robust rental market, attracting tenants seeking quality housing in a desirable location. No Showings without accepted Sales Contract.

Location

State AR

County Saline

Area Benton

Zoning unknown

Rooms

Kitchen Free-Standing Stove

Interior

Heating Central Cool-Electric

Flooring Vinyl

Equipment Free-Standing Stove

Exterior

Parking Features Parking Pads

Utilities Available Water-Public

Roof Type Composition

Building

Lot Description Sloped

Foundation Crawl Space

New Construction No

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Listed by McLellan & Associates Real Estate Group • Chase R Calhoun
Bought with Crye-Leike REALTORS Benton Branch

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agent

Shawna Martinez

Agent | License ID: 0646218

+1(940) 395-3474

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