About This Home
Located in Pine Bluff’s College Heights neighborhood, this 14-unit multifamily complex offers 3,888 square feet of property built in 1981. The complex sits on a 0.55-acre lot and is presented as an investment property with reported occupancy, including a waiting list.
Existing improvements include more than $70,000 in capital improvements, with average rents reported at $485 and potential for further growth through additional upgrades. Free-standing stoves are listed among the appliances. The property is listed with zero bedrooms and zero bathrooms, consistent with its multifamily classification rather than a single-residence layout.
Offered at $729,900, the complex provides a multi-unit setup in Pine Bluff, Arkansas, with an established rental history noted in the existing remarks. Its size, unit count, lot area, and reported demand offer a straightforward overview for investors evaluating a multifamily property in the College Heights area.
Key Features
- Built in 1981
- 0.55 acre lot
Property Details
Attention Investors!!! Great 14 unit complex that stay full with a waiting list. Over $70,000 in capital improvments. Average rents are 485 with room for growth with further upgrades. Don't miss this opportunity to own this cash cow!
Monthly Cost Estimate
$3,797/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1600 N Lane Street
Pine Bluff, AR 71602
College Heights
Property Details
Flooring
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 1600 N Lane Street is listed at $709,900 ($183/sqft). The estimated monthly payment is $3,797 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1981, 0.55 acre lot.
This property is listed by Jeffrey Johnston and can be reached at (501) 690-7448.
