1216 N 5th Street Fort Smith, AR $ 155,000
1216 N 5th Street
$ 155,000
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1216 N 5th Street

Fort Smith, AR, 72901
$ 155,000
Baths0.0 Sq 2,280

Monthly Estimate*

$ 1,030

1216 N 5th Street, Fort Smith, AR 72901 - Image 1
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1216 N 5th Street, Fort Smith, AR 72901 - Image 11
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Studio

Multi-Family Home for sale in Fort Smith, AR

for $155,000. This 2,280 square foot home was built on a lot size of 0.1607.

Prime Investment Opportunity: Multi-Family Units Near Downtown and Howard Elementary Welcome to 1216 N 5th St, Fort Smith, AR, where a fantastic investment opportunity awaits. This multi-family property comprises five units, each offering comfortable and convenient living spaces for tenants. Strategically located near downtown Fort Smith and in close proximity to Howard Elementary, this property is perfectly positioned to attract tenants seeking accessibility to both urban amenities and educational facilities. Property Details: Address: 1216 N 5th St, Fort Smith, AR Unit Count: 5 units Unit Breakdown:1 unit: 3 bedrooms, 1 bathroom 2 units: 2 bedrooms, 1 bathroom each 2 units: 1 bedroom, 1 bathroom each Property Type: Multi-family Features: This property offers a diverse range of units, including spacious 3-bedroom apartments, comfortable 2-bedroom units, and cozy 1-bedroom options, catering to various tenant needs. Its proximity to downtown Fort Smith ensures easy access to shopping, dining, and entertainment, while its close proximity to Howard Elementary adds appeal for families and students. Financial Details: AGI (Annual Gross Income): $24,360 PGI (Potential Gross Income): $49,200 Don't miss out on this exceptional investment opportunity! With its desirable location and attractive unit mix, 1216 N 5th St presents a lucrative prospect for investors seeking stable returns. Contact us today to capitalize on this prime investment property and secure your place in Fort Smith's thriving real estate market!

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Multi-Family Active

Price

$ 155,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 810

Style

Multi Family

Lot Size

0.1607

Town/City

Fort Smith

County/Region

Sebastian

MLS | Web ID

1071714

Features
General
Roof Architectural Shingle
Appliances GasWaterHeater
Security Features SmokeDetectors
Construction Materials VinylSiding
Stories 2
Levels Two
Property SubType MultiFamily
Gross Income 24360.0
County Sebastian
New Construction N
Property Type Residential
HOA / Comm Assn N
Attached Garage N
Subdivision Name Griffith & Nix
Garage Y/N N
Special Listing Conditions None
Status Active
Directions From Garrison Ave turn onto N 5th Street heading away from Neumeier's Rib Room. Continue for approximately 0.8 miles and the property will be on the right.
City Fort Smith
View Y/N N
Senior Community Y/N N
NumberOfUnitsTotal 5
Lot Size Units Acres
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name 5th
Property Attached Y/N N
Year Built Details Age Unknown
Land Lease Y/N N
Tax Annual Amount 810.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/1216-N-5th-Street-Fort-Smith-AR-72901/unbranded
Days on Market 56
Standard Status Active
Year Built Source Owner
Tax Lot 4
Property Sub Type Additional MultiFamily
Legal Description LOT 4 BLK 5
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Interior
Flooring CeramicTile
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
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Exterior
Fencing None
Parking Features ParkingLot OnStreet NoDriveway
Lot Features Level
Lot Size Area 0.1607
Foundation Details Slab
Spa N
Lot Dimensions /
Street Suffix Street
Lot Size Acres 0.1607
Covered Spaces 0.0
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1216
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* Excluded Features
List By
Keller Williams Platinum Realty

Broker

nicoleraej@gmail.com

Email

Affordability Calculator

$1,098
Per Month
94%
6%
0%
Monthly Principal & Interest
$1,030
Monthly Property Taxes
$68
Monthly 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2624201 Elementary School
2624346 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/4/2024$155,000 -6.06% Price Down
4/15/2024$165,000 Listed Price

Map


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1216 N 5th Street, Fort Smith, AR, 72901 is a Multi-Family Home for sale at $155,000 with 2,280 sqft and a lot size of 0.1607. 1216 N 5th Street is a studio with 0.0 baths. The property's zip code is 72901 which is in Fort Smith, AR