509-515 W Spruce ST Fayetteville, AR 72703
Multi-Family (2-4 Units)
MLS #: 1292319
Courtesy Of Collier Properties
$560,000
3,200 sq ft
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Estimated monthly payments:
$2,448/mo.* (recalculate)
Property InformationDescription
Investment gem within 1 mile of U of A campus in a high-demand market with under 2% vacancy! This four-plex offers excellent value-add potential, making it an ideal choice for investors looking to maximize returns. With rental rates currently well below market value, there s immediate upside for savvy buyers ready to reposition and increase cash flow. The location is unbeatable for student and professional renters, promising a steady occupancy and income stream. Don t miss this rare opportunity in Fayetteville s competitive rental market perfect for capitalizing on rising rental trends! Taxes and legal TBD, in the process of splitting off.
Features
- Amenities: Dock, Security System, Security System
- Appliances: Dishwasher, Dryer, Microwave, Range, Washer
- Architecture Style: Other
- Exterior Type: Brick
- Floor Covering: Tile, Tile - Ceramic, Vinyl
- Heating System: Central Furnace
- Lot Size: 0.33 Acres
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MAP & DIRECTIONS
School Information
509-515 W Spruce ST, Fayetteville, AR 72703
Elementary School
Grades 5-6 |
Public School
HOLT MIDDLE SCHOOL
Fayetteville, AR 72704
2365 N Rupple Rd
479.527.3670
Distance: 2.9 mi
School Rating
C+
Student:Teacher Ratio
14:1
Total Students
464
Elementary School
Grades PK-4 |
Public School
ROOT ELEMENTARY SCHOOL
Fayetteville, AR 72701
1529 E Mission Blvd
479.444.3075
Distance: 1.4 mi
School Rating
A
Student:Teacher Ratio
17:1
Total Students
415
Middle School
Grades 7-8 |
Public School
WOODLAND JUNIOR HIGH SCHOOL
Fayetteville, AR 72703
1 E Poplar St
479.444.3067
Distance: 0.6 mi
School Rating
A
Student:Teacher Ratio
14:1
Total Students
773
High School
Grades 9-12 |
Public School
FAYETTEVILLE HIGH SCHOOL
Fayetteville, AR 72701
1001 W Bulldog Blvd
479.444.3050
Distance: 1.8 mi
School Rating
B-
Student:Teacher Ratio
13:1
Total Students
2530
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| Fayetteville Creative Schools | 0.8 mi | Private | PK-KG | |
| First School Of First United Presbyterian Church | 0.8 mi | Private | PK-KG | |
| Leverett Elementary School | 0.8 mi | Public | PK-4 | B+ |
| Washington Elementary School | 0.9 mi | Public | PK-4 | B |
| Montessori School | 1.0 mi | Private | PK-5 | |
| The New School | 1.1 mi | Private | PK-12 | |
| John M. Asbell Elementary School | 1.3 mi | Public | PK-4 | B |
| Fayetteville Christian School | 2.0 mi | Private | KG-12 | |
| Ramay Junior High School | 2.2 mi | Public | 7-8 | C+ |
| John L Colbert Middle School | 2.2 mi | Public | 5-6 | |
| Agee Lierly Life Preparation Services School | 2.4 mi | Public | 9-12 | D- |
| Nwa Community College Reg Center | 2.4 mi | Public | 9-12 | |
| Happy Hollow Elementary School | 2.4 mi | Public | PK-4 | B+ |
| Fayetteville Virtual Academy- District Conversion Charter School | 2.5 mi | Public | KG-12 | A- |
| Butterfield Trail Elementary School | 2.5 mi | Public | PK-4 | A |
| Mcnair Middle School | 2.6 mi | Public | 5-6 | B |
| Vandergriff Elementary School | 2.8 mi | Public | PK-4 | A- |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Fayetteville, AR 72703
| Median Age: | 34.9 |
|---|---|
| Married: | 36% |
| Number of Households: | 15,784 |
| Households with Children: | 26.6% |
Fayetteville, AR 72703
Demographic Data
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Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
Copyright © 2024 Northwest Arkansas Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
