The Jean Ann & Ron Gilbert Team
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10042 Damon Lane , Belleville, AR 72824

$160,000
  • 10042 Damon Lane , Belleville, AR 72824 Main Photo

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Active
BEDS0 BATHS SQUARE FEET5,000 MLS#1346892
STATUSActive PROPERTY TYPEResidential - Single Family SCHOOLDanville

Property Description

A hard to find investment property offering privacy, infrastructure, & scalable income potential. This 4.7 acre multi-unit property's just a stone's throw outside Danville city limits-exceptional flexibility for future development w/no building codes. Rare setup includes five separate dwellings, each w/its own electric meter & septic system, making management simple & expansion straightforward.Included on the Property: 3 BR / 2 BA home, 2 BR / 1 BA home, 3 BR / 2 BA mobile home, 3 BR / 2 BA mobile home, 3 BR / 2 BA mobile homeAll units previously rented for $600/month while in below market condition. All dwellings need TLC, offering significant value-add potential for investors looking to renovate & increase rents. With improvements, projected income will rise substantially across all units.Located 7 minutes from the Wayne Farms Poultry Plant-a strong advantage for long term investors. W/ nearly five acres, there is ample room for additional mobile homes for buyers looking to expand into a mobile home park .

10042 Damon Lane | MLS# 1346892

This single family home located at 10042 Damon Lane , Belleville, AR 72824 is currently listed for sale with an asking price of $160,000. This property was built in 1987 and with 5000 sq. ft. Damon Lane is located within the Danville school district. Search Belleville real estate on www.gilbertteamnwa.com today.

Property Features

Property Type: Residential - Single Family
Basement: Crawl Space
Cooling: Electric
Fireplaces: 1
Heating: Propane
Lot Size: 4.70 Acres
Roof Type: Asphalt, Shingle
Stories: 1.0
Taxes: $654
Year Built: 1987

Amenities

None
Gravel Driveway

Feature Descriptions

Appliances: Propane Water Heater
Community Features: Near Schools
Days on Site: 9
Exterior: Vinyl Siding
Fencimg: Partial
Fireplace: Family Room
Flooring: Carpet, Laminate, Simulated Wood, Vinyl
Lot: Level, Not In Subdivision, Outside City Limits
Parcel#: 001-03892-003
Parking: Carport, Detached Carport, RV Access/Parking
Parking Notes: Carport, Detached Carport, RV Access/Parking
Sewer: Septic Tank
Units: 5
Utilities: Electricity Available, Propane, Septic Available, Water Available
Water: Public

Local Schools

School District: Danville

Listed By / Shown By

Listed By

Agency Name: Small Fee Realty

Shown By

Agent Name: The Jean Ann & Ron Gilbert Team
Agent Phone:
Agency Title: Crye-Leike Real Estate Services

IDX logo

Source: NWAKBOR MLS

Estimate Your Payment

Estimated Payment

$ 457.26 per month $356.09 Principal & Interest $54.50 Property Tax $46.67 Homeowner's Insurance

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