1815 Reservoir Rd, Little Rock, AR 72227

Investment opportunity knocks at 1815 Reservoir Rd, Little Rock, Arkansas! This four-plex property features four spacious 2-bedroom, 1.5-bath townhomes, offering an excellent cash flow potential. Three of the four units have been remodeled or updated, ensuring modern living spaces that attract and retain quality tenants. A new roof has been recently installed, adding to the property's appeal and reducing future maintenance costs. All units are currently leased, generating steady rental income. The units are rented for $840, $895, $895, and $995, respectively, with room to increase rents to match market rates. Notably, one unit, rented at $840, is occupied by a long-term Section 8 tenant who has resided there for about 10 years. This unit needs remodeling or updating if it becomes vacant, presenting an opportunity to further enhance rental income. This property offers a great chance for investors to secure a consistent revenue stream with minimal immediate work required. The location, coupled with recent updates and strong rental history, makes this an attractive addition to any investment portfolio. Please note, no showings will be allowed until a signed contract is in place.

Type: Fourplex