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20 Hiland Place Benton, AR 72015
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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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Bought with Crye-Leike REALTORS Benton Branch