426 N Grand St, Searcy, AR 72143

Location. Location. Location. This charming duplex is located less than a block from Harding University and is the perfect investment property for long or short term rentals. Family-owned for generations and well-maintained, this duplex is in excellent condition and the appliances convey. Currently, rented until May 31, 2024, there are four more properties located east of College Church of Christ available for sale. Please contact the listing agent for more information on how you may purchase this package of premium investment properties that are in walking distance of downtown and Harding.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)