311 Madison Avenue
Jonesboro, Arkansas 72401-2714, United States

Jonesboro, Arkansas 72401-2714, United States
Listed By CENTURY 21 PORTFOLIO

The Home for Sale located at 311 Madison Avenue Jonesboro Arkansas 72401-2714 is currently for Sale, 311 Madison Avenue Jonesboro Arkansas 72401-2714 is listed for $1,170,000. If the property located at 311 Madison Avenue Jonesboro Arkansas 72401-2714 isn't what you're looking for, search Arkansas Real Estate to see other Homes for Sale in Jonesboro .

MLS#: 10114257

$1,170,000 USD

Home/Lot size
762m² (8,200ft²)
The details

Property features

Date Updated: May 11, 2024

Other features

Property features
Deck
Appliances
Ceiling Fan

Area

Property size
762m² (8,200ft²)
Cooling system
Central AC
Heating system
Heat Pump

Description

These 6 townhouse's sound like a fantastic investment opportunity, especially with its prime location in Downtown Jonesboro. The convenience of being within walking distance to major downtown attractions, events, and restaurants is a huge selling point. The fact that it's currently utilized as nightly rentals with an 80% occupancy rate in 2023 suggests a strong demand for short-term stays in the area. And the option to convert it into long-term rentals provides flexibility for potential buyers. With three bedrooms, two full baths, and one half bath in each unit, it offers comfortable living spaces for tenants or guests. Plus, having a back deck to enjoy the evenings adds to the appeal. Overall, it seems like a well-rounded investment property that offers both a solid rental income potential and a desirable location for tenants or future homeowners. *** Seller has priced this with the buyer using the Townhomes as long term rentals. If new buyer would like to continue as nightly rental the furnishing can be purchased at additional cost. Call us or your agent today for a private showing. We also have a virtual tour of one of the units as well just ask us or your agent for details.

Location

311 Madison Avenue, Jonesboro, Arkansas 72401-2714, United States
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Courtesy of Tim Ray CENTURY 21 PORTFOLIO
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