515 S Washington Street

Historic farmhouse compound on a half-acre lot with mature oaks, steps from Chautauqua Park, the library, and historic downtown Siloam Springs. Three separate rentals on one parcel: a 3 bed/2 bath main house, a 1 bed/1 bath suite, and a detached 2 bed barndominium, 2,637 sq ft in total. Fully renovated with all new plumbing and modern systems throughout; original hardwood floors and ceilings refinished with the character left intact. Detached 2-car garage. Fully leased and cash flowing from day one with professional property management in place: $46,200 gross annual rent, $31,492 NOI, 7.88% cap rate at list price. Tenants are on 30-day notice, so a buyer can hold or reposition. A strong fit for a 1031 exchange.