**Prime Multi-Family Investment Opportunity in Springdale, AR!**
Looking to add a high-yield asset to your portfolio? This unique multi-unit property packs massive cash-flow potential into one turn-key deal.
Located at **702 Kansas St, Springdale, AR**, this oversized lot features **3 separate homes** offering instant diversification and an exceptional **12% gross return** based on current income and listing price.
### **Property Breakdown:**
* **Main House (702 Kansas St):** Spacious 4-bedroom, 1-bathroom home totaling **1,152 sq ft**—ideal for a long-term family lease.
* **Rear Cottage 1:** Cozy 1-bedroom, 1-bathroom layout (**~500 sq ft**).
* **Rear Cottage 2:** Second 1-bedroom, 1-bathroom layout (**~500 sq ft**).
### **The Numbers & Highlights:**
* **Asking Price:** $299,000
* **Price Per Sq Ft:** ~$138.40 (Unbeatable value for 3 total units!)
* **Gross Return:** 12% at current rental income
* **Prime Location:** Highly rentable area just **3 blocks from Springdale High School** and **6 blocks from Elmdale Elementary School**.
Whether you want to hold all three as passive income generators, live in one house and let the other two pay your mortgage, or value-add down the line—the math on this property simply works.
**Properties with this kind of return in Springdale don't last long. Contact us today to schedule a walkthrough or request financial details!**
What the owner loves about this home
See description
7 days
|
347
|
17
|
Listed by:
Property Owner(479) 751-9284
This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
Explore the cost of this home by adjusting the details. Changes won't be saved.
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.
See how much you could borrow to make a competitive offer.