3401 Park AVE Fort Smith, AR 72903

$2,050,000
3401 Park  AVE, Fort Smith, AR 72903
1013494

Multi-Family Home for sale in Fort Smith, AR

for $2,050,000 with 4 full baths. This 55,174 square foot home was built in 1965 on a lot size of 2.1121 Acre(s).

Property Information

  • $2,050,000
  • 4 Full Baths
  • Multi-Family
  • 55,174 Square Feet
  • Taxes are $18,531
  • Apartment
  • Active
  • 2 Floors
  • Lot size of 2.1121 Acre(s)
  • Built in 1965
  • Fort Smith, AR
  • Fort Smith Northside Neighborhood
  • Sebastian County
  • MLS/Web ID is 1013494

 Virtual Tour

Description

74 unit cash flowing property. Current owners have slowly improved property over their 8 year ownership. Recently resealed parking lot, added security cameras, most units are updated vinyl floors. Soffit and fascia recently repaired and replaced. Average 1BR $390/mo. Avg 2BR $490/mo. (48-1BR's, 24- 2BR's, 2- 3BR units). Located on the bus route. Additional ancillary income available but not included in list price.

Interior 6

Appliances

  • Dishwasher
  • Smoke Detector

Basement

  • None

Cooling System

  • Electric Cooling

Flooring

  • Carpet(s)
  • Vinyl Flooring

Heating System

  • Baseboard
  • Electric
  • Hot Water Heater: Electric

Interior

  • Ceiling Fans
  • Window Covering

Exterior 8

Driveway

  • Asphalt Driveway

Exterior

  • Metal Window
  • Single Pane Window

Foundation

  • Concrete

Lot Description

  • Level/Flat

Parking

  • 1 Car Parking

Road Frontage

  • Public Road

Roof

  • Asphalt Shingles

Siding

  • Brick
  • Masonite Exterior

† Excluded Feature

Neighborhood & Schools

School District: Fort Smith
Elementary School: Albert Pike
Middle School: Darby
High School: Northside

Listed By

Listing Agent: Kevin King
Broker: Fort Smith - WEICHERT, REALTORS® - The Griffin Company

3401 Park AVE, Fort Smith, AR, 72903 is a Multi-Family Home for sale at $2,050,000 with 55,174 sqft and a lot size of 2.1121 Acre(s). 3401 Park AVE has 4.0 baths and was built in 1965. The property's zip code is 72903 which is in Fort Smith, AR

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Market Pricing

Average % of sale price Median % of sale price
All listings in Fort Smith $356,213 83 % below $218,000 89 % below
Multi-family listings in Fort Smith $357,668 83 % below $192,500 91 % below

Get the facts about Fort Smith, AR!

Population 86,452
Population Growth (since 2000) 7 %
Median Income $36,762
Median Age 35.92
Households w/ Children 28 %

Residential Dwellings

  • Owned 18619
  • Vacant 3303
  • Rented 15789

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Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363