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504 And 506 Mimi Lane , Little Rock, AR 72211

$219,000
  • 504 And 506 Mimi Lane , Little Rock, AR 72211 Main Photo

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New to the Market New Listing
BEDS0 BATHS SQUARE FEET2,250 MLS#26029568
STATUSNew Listing PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONPark Ruby NEIGHBORHOODLittle Rock

Property Description

Both units are occupied currently with over 20% investment return!! Don't miss the great opportunity to own this duplex each unit featuring 3 bedrooms and 2 bathrooms in popular West Little Rock! It presents a compelling investment opportunity with its strategic location and potential for steady rental income. Positioned in a highly accessible area, it is just minutes away from major shopping centers, health care facilities, restaurants, and schools, with easy access to the interstate, making it appealing to a diverse range of tenants. The property consists of two separate units, allowing for flexibility in rental strategies. Investors can opt to rent both units for dual income or occupy one while leasing the other, ensuring a consistent cash flow. Each unit has its own utilities, minimizing the landlord's responsibilities. Each unit has its outside storage area and decking for entertaining, the left side units has new LVP flooring, new paint, new fans, new kitchen hood, new vanities, new glass top electric range, disposal and toilets; the sewer line has been replaced as well.HVAC at right side unit replaced 2024. See showing remarks.

504 And 506 Mimi Lane | MLS# 26029568

This multi-family property located at 504 And 506 Mimi Lane , Little Rock, AR 72211 is currently listed for sale with an asking price of $219,000. Search Little Rock real estate on devyn.crye-leike.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central
Fenced: Yes
Heating: Central Heat
Home Style: Traditional
Lot Size: 0.22 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $2,219
Year Built: 1977

Amenities

Dryer Connection-Electric
Hot Water Heater-Gas
Smoke Detector
Fan - Ceiling
Partially Fenced
Outside Storage Area
Deck
Porch

Feature Descriptions

Appliance(s)/Kitchen Equipment: Free-Standing Stove, Electric Range, Dishwasher
Days on Site: 4
Expenses Include: Taxes, Insurance, Pest Control
Exterior: Frame
Lot Dimensions: 0.22 acre(s)
Number of 2 Bathroom Unit(s): 2
Number of 3 Bedroom Unit(s): 2
Parking Notes: Parking Pads, Two Car
Sewer: Public Sewer
Units: 2
Water: Public Water

Local Schools

High School: Central
Middle School: Pinnacle View
Elementary School: Terry

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty
Agency Phone: 501-907-5959

Shown By

Agent Name: Devyn Rhodes
Agent Phone: (501) 944-7641
Agency Title: Crye-Leike Real Estate Services

IDX logo

Source: Arkansas MLS

Estimate Your Payment

Estimated Payment

$ 736.19 per month $487.40 Principal & Interest $184.92 Property Tax $63.88 Homeowner's Insurance

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