The Jean Ann & Ron Gilbert Team
BEDS0
BATHS
SQUARE FEET3,135
MLS#1356637
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONPark Central Pud Ph 1 Lowell
SCHOOLRogers
Property Description
Nestled in the charming Park Central Villas community, this rare Multi-Family offering brings together two beautifully maintained European-Cottage style townhomes. Together, these units sit on a combined lot of approximately 0.28 acres and present excellent cash-flow potential. 1607 is currently leased at $1,800/month, while 1605 is leased at $2,280/month. Combined this units income potential can bring in $50,000/year. Located just minutes from I-49, The Amp, shopping, dining, medical facilities, parks, and trails, this multi-family gem offers both convenience and lifestyle appeal. Whether you're looking to live in one unit and rent the other or maximize rental income, this pair delivers versatility, style, and strong investment fundamentals. Sold as a single investment bundle discounted opportunity or individual: 1607 MLS #1356559 & 1605 MLS #1356544
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Electric
Fenced: Yes
Fireplaces: 2
Heating: Central, Gas
Lot Size: 0.14 Acres
Roof Type: Architectural, Shingle
Stories: 1.0
Taxes: $2,874
Year Built: 2006
Amenities
Attic
Ceiling Fan(s)
Cathedral Ceiling(s)
Central Vacuum
Eat-in Kitchen
Granite Counters
Pantry
Programmable Thermostat
Storage
Walk-In Closet(s)
Concrete Driveway
Feature Descriptions
Appliances: Dishwasher, Electric Range, Disposal, Gas Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Smooth Cooktop, Self Cleaning Oven, Washer, ENERGY STAR Qualified Appliances, Plumbed For Ice Maker
Community Features: Biking, Curbs, Near Fire Station, Near Hospital, Near Schools, Park, Shopping, Sidewalks, Trails/Paths
Days on Site: 3
Exterior: Frame, Rock, Stucco
Fencimg: Back Yard, Fenced, Privacy, Wood
Fireplace: Living Room
Flooring: Carpet, Tile
HOA Fee: 800/ Annually
Laundry: Washer Hookup, Dryer Hookup
Lot: Central Business District, Cleared, City Lot, Landscaped, Level, Near Park, Subdivision
Parcel#: 12-02929-000
Parking: Attached, Garage, Garage Door Opener
Parking Notes: Attached, Garage, Garage Door Opener
Patio/Porch: Covered, Patio, Porch
Units: 2
Window: Double Pane Windows, Vinyl
Local Schools
School District: Rogers
Listed By / Shown By
Listed By
Agency Name: Epique Realty
Shown By
Agent Name: The Jean Ann & Ron Gilbert Team
Agent Phone:
Agency Title: Crye-Leike Real Estate Services
Source: NWAKBOR MLS
Estimate Your Payment
Estimated Payment
$ 1,938.63 per month $1,502.26 Principal & Interest $239.50 Property Tax $196.88 Homeowner's InsuranceChange Payment Information
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1607-1605 Park Street | MLS# 1356637
This multi-family property located at 1607-1605 Park Street , Lowell, AR 72745 is currently listed for sale with an asking price of $675,000. 1607-1605 Park Street is located within the Rogers school district. Search Lowell real estate on www.gilbertteamnwa.com today.