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195, 18, 208 CR 137 Corning, AR $ 1,295,000
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$ 1,295,000 Get more info
195, 18, 208 CR 137
$ 1,295,000
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Share Save

195, 18, 208 CR 137

Corning, AR, 72422
$ 1,295,000
Baths0.0 Sq 9,632

Monthly Estimate*

$ 9,046

195, 18, 208 CR 137, Corning, AR 72422 - Image 1
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Studio

Multi-Family Home for sale in Corning, AR

for $1,295,000. This 9,632 square foot home was built in 1967 on a lot size of 2.42.

20-doors! Three all brick buildings. Take a look at this investment opportunity offering not only a solid income stream but also the potential for expansion. The 2.42-acre lot provides an excellent opportunity for further development, allowing you to capitalize on the demand for additional rental units. Positioned near the future I-57 interstate, this complex is convenient for commuters, enhancing its desirability and long-term value. All 20 apartments were upgraded with new mini-split heating and air units in 2024, offering tenants comfort and energy efficiency. Additional revenue income from on-site coin-operated laundry. Room for value add and rate improvements.

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Multi-Family Active

Price

$ 1,295,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,321

Style

Traditional

Lot Size

2.42

Year Built

1967

Town/City

Corning

County/Region

Clay

MLS | Web ID

24004008
Features
General
Interior Features Built Ins
Heating Central Cool-Electric Central Heat-Electric
Utilities Sewer-Public Water-Public Electric-Co-op Gas-Natural
Roof Composition Metal
Garage Parking Pads
Exterior Features Porch
Zoning R-2
Year Built 1967
Tenant Pays Cable None
Subdivision Westwood Acres
Style Traditional
Stories One Story
County Clay
Class Multi-Family
Type Apartments
Inside City Limits No
Status Active
Docs on File None
Directions From Corning Hwy 62 Left on CR 137
City Corning
Street Name CR 137
DOM 79
Price Per Sq Ft 134.45
Coming Soon 20-doors! Three all brick buildings. Take a look at this investment opportunity offering not only a solid income stream but also the potential for expansion. The 2.42-acre lot provides an excellent o
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Exterior
Exterior Brick
Road Surface Paved
Foundation Slab
Lot Size Area 2.42
Lot Dimensions 2.42
Lot Level
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Interior
Floors Concrete Laminate
Total Number of Units 20
1 Bed Units 20
2 Bed Units 0
3 Bed Units 0
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* Excluded Features
List By
Kim Shelton

Listing Agent

Halsey Thrasher Harpole Real Estate Group

Broker

kim.shelton@hthreg.com

Email

Affordability Calculator

$9,156
Per Month
99%
1%
0%
Monthly Principal & Interest
$9,046
Monthly Property Taxes
$110
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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Nearby
886427 Elementary School
886671 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/7/2024$1,295,000 Listed Price

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195, 18, 208 CR 137, Corning, AR, 72422 is a Multi-Family Home for sale at $1,295,000 with 9,632 sqft and a lot size of 2.42. 195, 18, 208 CR 137 is a studio with 0.0 baths and was built in 1967. The property's zip code is 72422 which is in Corning, AR

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