424 N Grand St, Searcy, AR 72143

Charming 2-Bed, 1 bath craftsman bungalow in a perfect location, only one block from Harding and across the street from College Church of Christ on Grand St. Perfect house for a short or long-term rental or a single-family house or retirement home. Appliances convey. New roof recently replaced. Currently rented until May 31, 2024. 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 Purchase 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