1520 Broadway St - Multi-Family FOR SALE


Little Rock, AR 72202- Downtown Little Rock
$699,000 USD
901-826-7252
1520 Broadway St, Little Rock, AR for Sale
$699,000 USD
Multi-Family - FOR SALE
1/30
null | Request Cap Rate

1520 Broadway St
Little Rock, AR 72202
Downtown Little Rock


HIGHLIGHTS

  • Prime location - Located within walking distance to Little Rock's SoMa District, this property is situated for long term appreciation.
  • Turnkey Investment - This asset has undergone a complete remodel allowing an investor to capitalize on steady cash flow and no deferred maintenance.
  • Historic Charm - This is truly an exceptional asset that offers a rare blend of superior craftsmanship while still maintaining investing fundamentals.

OVERVIEW

Welcome to the Harding Building, a turn-key multi-family asset located just steps from Little Rock’s SoMa District. This historic property sits within the Governor's Mansion District and offers FIVE beautifully renovated units. Truly an exceptional and RARE opportunity to own a valued piece of downtown, while enjoying stable cash flow and long-term appreciation potential. The main building features four fully remodeled 2bed/1bath units showcasing top-to-bottom renovations, including a new roof, new HVAC systems, all new electrical; plus fully updated kitchens with custom quartz countertops, and stainless appliances. Each unit also features its own W/D setup and are individually metered. Adjacent to the main structure on 16th Street sits an exquisitely updated, stand-alone 1bed/1bath cottage. This full renovation was completed earlier this year and is a showpiece in its own right. Featuring fully custom cabinets and built-ins throughout plus high-end soapstone countertops which come together to clearly display the exceptional workmanship and care put into the remodel. Listings like this rarely hit the market. Contact listing agent for more information.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$131 USD /SF

# OF UNITS

5

PRICE/UNIT

$139,800

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Harding Building

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1941

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

34L-020-11-059-00

ASK ABOUT THIS PROPERTY

Benton GlassBrick Real EstateMore Info
901-826-7252

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Benton GlassBrick Real EstateMore Info
901-826-7252

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.