8 Hill Avenue Fayetteville, AR $ 3,500,000
8 Hill Avenue
$ 3,500,000
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8 Hill Avenue

Fayetteville, AR, 72701
$ 3,500,000
Baths0.0 Sq 11,274

Monthly Estimate*

$ 24,449

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Studio

Single Family Home for sale in Fayetteville, AR

for $3,500,000. This 11,274 square foot home was built in 1985 on a lot size of 0.668.

Attention student housing developers: Seize a rare opportunity to construct student housing within walking distance of the University of Arkansas. Perfectly positioned just 0.2 miles from the campus, 0.25 miles from Dickson Street, and a mere 0.5 miles from the Fayetteville Square, this offering is a strategic investment. This parcel totals .67 acres and is zoned as Downtown General. This zoning presents a unique chance to maximize unit density and optimize income potential in a high-demand area. Don't miss out on this exceptional development prospect in one of the most coveted locations near the University of Arkansas. Also available as part of a package containing 2 adjoining parcels

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Single Family Active

Price

$ 3,500,000

Bedrooms

Studio

Property Type

Single Family

Taxes

$ 7,460

Style

Apartment

Lot Size

0.668

Year Built

1985

Town/City

Fayetteville

County/Region

Washington

MLS | Web ID

1261884

Features
General
Heating Central
Cooling Electric
Roof Metal
Appliances ElectricWaterHeater
Zoning N
Security Features FireAlarm FireSprinklerSystem SmokeDetectors
Construction Materials Brick
Year Built 1985
Stories 2
Levels Two
Property SubType Apartment
Gross Income 153360.0
Community Features NearFireStation NearSchools TrailsPaths
County Washington
New Construction N
Property Type Residential
HOA / Comm Assn N
Attached Garage N
Subdivision Name Putmans Add
Garage Y/N N
Status Active
Directions From I49 Exit MLK turn east. Take a Left on Hill Avenue. The properties are on the corner of Hill Avenue and Center St
City Fayetteville
View Y/N N
Senior Community Y/N N
Total Units 14
Waterfront Y/N N
Carport Y/N N
Street Name Hill
Property Attached Y/N N
Year Built Details 25 Years or older
Land Lease Y/N N
Tax Annual Amount 7460.0
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://tour.nwarealtors.org/8-Hill-Avenue-Fayetteville-AR-72701/unbranded
Days on Market 145
Standard Status Active
Tax Lot 1
Property Sub Type Additional Apartment MultiFamily
Legal Description LOTS 1-2-3 BLOCK 1
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Interior
Flooring Carpet CeramicTile Laminate
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Electric On Property Y/N N
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Exterior
Fencing None
Parking Features ParkingLot OneSpace Asphalt
Lot Features Subdivision
Lot Size Area 0.668
Foundation Details Block
Spa N
Building Area Total 11274.0
Lot Size Acres 0.668
Lot Size Units Acres
Covered Spaces 0.0
Road Frontage Type PublicRoad
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 8
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* Excluded Features
List By
Simplicity Real Estate Solutions

Broker

josh.tandyRE@gmail.com

Email

Affordability Calculator

$25,070
Per Month
98%
2%
0%
Monthly Principal & Interest
$24,449
Monthly Property Taxes
$622
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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
1764983 Elementary School
1764794 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/1/2023$3,500,000 Listed Price

Map


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8 Hill Avenue, Fayetteville, AR, 72701 is a Single Family Home for sale at $3,500,000 with 11,274 sqft and a lot size of 0.668. 8 Hill Avenue is a studio with 0.0 baths and was built in 1985. The property's zip code is 72701 which is in Fayetteville, AR