About This Home
Set on a 0.29-acre lot, this 696-square-foot single-family home in Jonesboro, AR, offers one bedroom and one bathroom. The property currently has a long-term tenant paying $500 per month, providing an existing income-producing arrangement for an investor.
The home needs repairs and presents an opportunity to add value through improvements. Interior details include wall/window unit cooling and window unit cooling. With its compact layout and manageable lot size, the property may suit buyers seeking a smaller residential investment.
The home is agent owned and is being offered at $55,900. Its location in Jonesboro places it within the local residential market while retaining the straightforward profile of a one-bedroom rental property. Buyers should evaluate the current condition, repair needs, tenant arrangement, and applicable income considerations as part of their review.
Key Features
- 0.29 acre lot
Property Details
Amenities
Investors only! This 1 bedroom house has a long-term tenant, currently rents for $500 monthly. Home needs repairs but offers an opportunity to add value, this income producing property has a lot of potential! Agent Owned
Monthly Cost Estimate
$267/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1605 Granger Drive
Jonesboro, AR 72405
Property Details
Flooring
Cooling
Questions & Answers
This 1-bedroom, 1-bathroom single family at 1605 Granger Drive is listed at $49,900 ($72/sqft). The estimated monthly payment is $267 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 0.29 acre lot.
This property is listed by Heather Kelley and can be reached at (870) 935-7800.
