About This Home
This 0-bedroom, 0-bathroom commercial at 380 Jumbo Road in Melbourne, AR is listed for $249,900 ($92 per sqft). Built in 2019, the home offers 2,712 sqft of living space on a 2.21 acres lot.
Key Features
- Built in 2019
- 2.21 acre lot
- 8 parking spaces
Property Details
Income Producing Rental Property for Sale Near Melbourne, Arkansas - 4 Rental Homes on 2.21 Acres Excellent investment opportunity in North Central Arkansas! Located just 1 mile outside of Melbourne, Arkansas, this income-producing rental property features four rental homes built in 2019, situated on 2.21 acres in a quiet and private country setting.
With rental demand strong in Izard County, this property offers a great opportunity for investors looking for steady rental income, long-term investment, or expansion potential. The property includes a mix of efficient and low-maintenance homes. Two of the units are 1 bedroom, 1 bathroom homes with approximately 625 square feet, while the other two units offer 2 bedrooms, 1 bathroom with approximately 875 square feet of living space.
Each rental includes appliances and modern construction, making them appealing to tenants who want comfortable living close to town while still enjoying a peaceful country atmosphere. The homes are currently rented, providing immediate income for the new owner. Priced to sell at $249,900
Monthly Cost Estimate
$1,337/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
380 Jumbo Road
Melbourne, AR 72556
Metes & Bounds
Features & Amenities
Interior Features
Property Details
Flooring
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 380 Jumbo Road is listed at $249,900 ($92/sqft). The estimated monthly payment is $1,337 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 2019, 2.21 acre lot, 8 parking spaces. Interior Features: Kitchen Area, Living Area, Showers.
This property is listed by Cody Cooper and can be reached at 8702917911.