622 S Wright St, Siloam Springs, AR 72761
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622 S Wright St, Siloam Springs, AR 72761
622 S Wright St, Siloam Springs, AR 72761
622 S Wright St, Siloam Springs, AR 72761
622 S Wright St, Siloam Springs, AR 72761
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Michelle Dearing

Michelle Dearing

Engel & Völkers

+1(479) 366-7321
$ 310,000
Est. payment /mo
Active

622 S Wright St Siloam Springs, AR 72761

3,029 SqFt


UPDATED:

Key Details

Property Type Townhouse

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,029 sqft

Price per Sqft $102

Subdivision Cranes Add-Siloam Springs

MLS Listing ID 1347919

Style Traditional

Construction Status 25 Years or older

HOA Y/N No

Year Built 1996

Annual Tax Amount $2,978

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type Quadruplex

Property Description

Excellent investment opportunity in Siloam Springs featuring +/- 3,029 SF across four rental units with strong income potential. The property includes two 1-bedroom, 1-bath units, one 2-bedroom, 1-bath unit, and one 3-bedroom, 2-bath unit, totaling 7 bedrooms and 5 bathrooms. Three units are currently occupied, with one lease secured through October 1 and two operating month-to-month, while one unit is currently vacant, creating additional upside potential. Current rental rates range from $650 to $1,200/mo. Recent improvements include updated cabinetry in each unit. While the property does not feature central HVAC, all units are equipped with window air conditioning units. The property consists of a two-story residence and a detached home, offering a flexible layout for tenants. Conveniently located just 350' from S Mt. Olive and approx. 0.5 miles from US Hwy-412, the property offers convenient access to shopping, schools, and major transportation, making it an attractive Northwest Arkansas investment opportunity.

Location

State AR

County Benton

Community Cranes Add-Siloam Springs

Direction Heading West on U-412 W, turn right onto S Mt. Olive St. In 0.5 miles turn left onto W Harvard St. Then turn right onto S Wright St. The property will be on the left.

Rooms

Basement None, Crawl Space

Interior

Interior Features None

Heating Other, Space Heater

Cooling Window Unit(s)

Flooring Carpet, Tile, Vinyl

Fireplaces Type None

Fireplace No

Appliance Electric Oven, Electric Range, Gas Water Heater, Microwave, Refrigerator

Exterior

Exterior Feature Unpaved Driveway

Fence Partial

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

Waterfront Description None

Roof Type Architectural,Shingle

Street Surface Paved

Porch Covered, Porch

Road Frontage Public Road

Garage No

Building

Lot Description Central Business District, Corner Lot, City Lot, Level

Story 2

Foundation Crawlspace, Slab

Water Public

Architectural Style Traditional

Level or Stories Two

Structure Type Stucco

New Construction No

Construction Status 25 Years or older

Schools

School District Siloam Springs

Others

Special Listing Condition None

Virtual Tour https://tour.nwarealtors.org/622-S-Wright-Street-Siloam-Springs-AR-72761/unbranded


Listed by Keller Williams Market Pro Realty Bentonville West

Michelle Dearing

Michelle Dearing

Broker | License ID: PB00072249

+1(479) 366-7321

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622 S Wright St