420 N Grand St, Searcy, AR 72143

Fantastic investment property close to Harding and College Church of Christ on Grand St. This duplex has 2 units, each with 3 beds and 1 bath. Ideal for short-term or long-term rentals. Appliances convey. Currently 1 united is rented until May 31, 2024. Well maintained, and family owned. It is located directly across the street from the College Church of Christ on Grand Street. The property is family-owned for the past 20 years and has been well maintained. What a rare opportunity to purchase this cottage or a village of investment properties conveniently located near Harding and historic, downtown Searcy. Individual listed properties total $791,500 and do not include the adjacent lot on Moore street (market value of $20,000) that connects the properties to Moore Street. For $772,000, an investor would be getting a price break of: $19,500 - credit for under market value rent income 1 Additional lot included (~$20,000) value Price Includes approximately $15,000 in appliance value (8 rental units, and most of them have washer/dryer/dishwasher/refrigerator). 2 new roofs within the past 3-4 years (424 Grand, 426 Grand) Well-maintained Heating/Air units. See agent remarks.