LIsting is for one rental home, 228 Olive and two lots all zoned r-2. Additonal addresses are 206 olive and 725 burke. Total size is .8 acres in prime development area in West End. Property is NOT in flood zone. Home is currently rented.
Loft Living in Downtown Jonesboro, Arkansas This unique investment opportunity features 11 gated loft units and 8 gated parking spaces, generating over $200,000 in gross annual income. Rents range from $1,350 to $1,800 per month. Tenants pay electric, landlord covers water, trash, and internet. Originally constructed over 100 years ago, the building was transformed into modern lofts in 2015 all within the original structure's historic charm. One of the few gated properties in the heart of booming Downtown Jonesboro, the second fastest growing metro area in Arkansas. Contact us for more details and schedule your tour today!
Totally remodeled duplex with another unit that has already been zoned and buyer can remodel and make it another rental unit. Duplex hasn new electrical upgrades, plumbing and hvac. Conveniently located within walking distance to Huntington Square and downtown Jonesboro. If you are looking for a great cash flowing property look no further.
Jonesboro is located in Arkansas. Jonesboro, Arkansas has a population of 77,520. Jonesboro is less family-centric than the surrounding county with 29.91% of the households containing married families with children. The county average for households married with children is 32.27%.
The median household income in Jonesboro, Arkansas is $48,901. The median household income for the surrounding county is $51,788 compared to the national median of $69,021. The median age of people living in Jonesboro is 33.8 years.
The average high temperature in July is 90.4 degrees, with an average low temperature in January of 27.2 degrees. The average rainfall is approximately 48.7 inches per year, with 4.1 inches of snow per year.
