Parking lotWasher and dryer hookupsMature shade trees
Welcome to the Multifamily Market *TWO QUADS* 1900 Cedar Heights Dr AND 405 Melrose St of the Cedar Heights 1st Addition in Jonesboro, Arkansas, within the Jonesboro School District. Opportunity Knocks! This prime piece of rental property offers 2 fourplexes totaling 8 income-producing units. The exteriors are wrapped in brick and vinyl, topped with 3-tab shingles, and accented by a parking lot, mature shade trees, and a small patio at each unit. The interior of each unit includes 2 bedrooms, 1.5 bathrooms, a living room and kitchen, and washer and dryer hookups. Each unit contains a refrigerator and stove and tenants pay electric. Occupied units are rented at $650 per month. Conveniently located near Arkansas State University and local retail and dining establishments. Call today to schedule your tour and make an investment in tomorrow.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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