515 S Washington St, Siloam Springs, AR 72761
515 S Washington St, Siloam Springs, AR 72761
515 S Washington St, Siloam Springs, AR 72761
515 S Washington St, Siloam Springs, AR 72761
515 S Washington St, Siloam Springs, AR 72761
515 S Washington St, Siloam Springs, AR 72761
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Alberto Garcia

Alberto Garcia

+1(479) 477-1824
$ 399,900
Est. payment | /mo

2,637 SqFt

Save Virtual Tour
$ 399,900
Est. payment | /mo
Save Virtual Tour

2,637 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,637 sqft

Price per Sqft $151

Subdivision Carters Add Siloam Spgs

MLS Listing ID 1366842

Style Farmhouse,Historic/Antique

Construction Status 25 Years or older

HOA Y/N No

Year Built 1920

Annual Tax Amount $2,150

Lot Size 0.520 Acres

Acres 0.52

Lot Dimensions 108x208

Property Sub-Type Multi Family

Property Description

Historic farmhouse compound on a half-acre lot with mature oaks, steps from Chautauqua Park, the library, and historic downtown Siloam Springs. Three separate rentals on one parcel: a 3 bed/2 bath main house, a 1 bed/1 bath suite, and a detached 2 bed barndominium, 2,637 sq ft in total. Fully renovated with all new plumbing and modern systems throughout; original hardwood floors and ceilings refinished with the character left intact. Detached 2-car garage. Fully leased and cash flowing from day one with professional property management in place: $46,200 gross annual rent, $31,492 NOI, 7.88% cap rate at list price. Tenants are on 30-day notice, so a buyer can hold or reposition. A strong fit for a 1031 exchange.

Location

State AR

County Benton

Community Carters Add Siloam Spgs

Direction From Mt. Olive street, head East on Jefferson St, then right on Washington St. Property is on the left, a short walk from Chautauqua Park and historic downtown Siloam Springs.

Rooms

Basement Crawl Space

Interior

Heating Central, Gas

Cooling Central Air, Electric

Flooring Tile, Wood

Window Features Double Pane Windows,Storm Window(s),Wood Frames

Appliance Dishwasher, Electric Oven, Electric Range, Gas Cooktop, Gas Water Heater, Refrigerator, Washer

Exterior

Parking Features Detached

Fence Partial

Community Features Near Schools

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Waterfront Description None

Roof Type Asphalt,Shingle

Porch Porch

Road Frontage Public Road

Garage Yes

Building

Lot Description Central Business District, Not In Subdivision

Story 2

Foundation Crawlspace

Water Public

Architectural Style Farmhouse, Historic/Antique

Level or Stories Two

Structure Type Aluminum Siding,Wood Siding

New Construction No

Construction Status 25 Years or older

Schools

School District Siloam Springs

Others

Security Features Smoke Detector(s)

Virtual Tour https://tour.nwarealtors.org/515-S-Washington-Street-Siloam-Springs-AR-72761--1366842/unbranded

Listed by Keller Williams Market Pro Realty - Siloam Springs

Nearby Locations

Alberto Garcia
Alberto Garcia

Broker Associate License ID: AB00097638

+1(479) 477-1824 | alberto@nwarealtysolutions.com

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