523 E Main Cabot, AR ^$ 450,000

523 E Main

^$ 450,000

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523 E Main

Cabot, AR, 72023

^$ 450,000

Studio Baths0.0 Sq 6,322

Monthly Estimate*

^$ 2,991

Studio

Multi-Family Home for sale in Cabot, AR

for $450,000. This 6,322 square foot home was built in 1978 on a lot size of 0.39.

Newly updated 8 unit apartment complex, featuring all 2 bedroom, 1 bath units. The exterior has been recently updated with new windows, doors, siding, parking area, and roof, providing a fresh and modern look to the building. While the exterior is in pristine condition, the interior of the units are in need of updates, allowing the new owner the opportunity to put their own personal touch on each unit. The seller is firm on the list price and will not entertain anything less. Additionally, the seller will not offer any concessions, making this a great investment opportunity for those looking to add value through interior updates. Buyers must show POF or Approval from Lender with all offers.

Multi-Family Contingent

Price

^$ 450,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 2,353

Style

Traditional

Lot Size

0.39

Year Built

1978

Town/City

Cabot

County/Region

Lonoke

MLS | Web ID

24006397

Features

General

Interior Features Hot Water Heater-Electric

Heating Central Cool-Electric Central Heat-Electric

Utilities Sewer-Public Water-Public Electric-Co-op

Roof Composition

Garage Parking Pads

Exterior Features Partially Fenced Wood Fence

Zoning R2

Year Built 1978

Tenant Pays All Utilities

Subdivision City of Cabot AR

Style Traditional

Stories Two Story

County Lonoke

Class Multi-Family

Type Apartments

Inside City Limits Yes

Status Under Contract

Docs on File None

Warranty As-Is Prsnt Cnd at Clsng

Energy Features Insulated Windows Insulated Doors

Primary City Cabot

Directions Hwy 89S Turn right at light on S Lincoln Left on E Main Property is on Right

City Cabot

Street Name Main

DOM 33

Postal Code 72023

Price Per Sq Ft Total 71.18

Coming Soon Newly updated 8 unit apartment complex featuring all 2 bedroom 1 bath units. The exterior has been recently updated with new windows doors siding parking area and roof providing a fresh and modern lo

Interior

Basement None

Floors Luxury Vinyl

Total Number of Units 8

Walls Sheet Rock

1 Bed Units 0

2 Bed Units 8

3 Bed Units 0

Exterior

Exterior Brick Metal/Vinyl Siding

Road Surface Paved

Foundation Slab

Lot Size Area 0.39

Lot Dimensions .39

Lot Level

* Excluded Features

List By

Rhonda Gibson

Listing Agent

Arkansas Homes & Land

Broker

rhondafgibson@gmail.com

Affordability Calculator

$3,187

Per Month

Monthly Principal & Interest: $2,991
Monthly Property Taxes: $196
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Cabot, AR

Average List Price ^$474,950

Percent of Sale Price 6%

About Cabot, AR

25,075 Population

58% Since 2002

^$57,437 Median Income

35.21 Median Age

42% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

886427 Elementary School

886671 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/13/2024	$450,000	-18.18%	Price Down
2/27/2024	$550,000		Listed Price

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523 E Main, Cabot, AR, 72023 is a Multi-Family Home for sale at $450,000 with 6,322 sqft and a lot size of 0.39. 523 E Main is a studio with 0.0 baths and was built in 1978. The property's zip code is 72023 which is in Cabot, AR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Cooperative Arkansas REALTORS Multiple Listing Services, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/7/2024.

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523 E Main

Multi-Family Home for sale in Cabot, AR

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