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$ 325,000
Est. payment /mo
Price Dropped by $10K
11005 Mara Lynn Road Little Rock, AR 72211
3,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $92
Subdivision Beverly Hills
MLS Listing ID 26002392
Style Traditional
Year Built 1970
Annual Tax Amount $4,055
Tax Year 2025
Lot Size 8,276 Sqft
Acres 0.19
Property Sub-Type Fourplex
Property Description
Fully leased and cash-flowing 4-plex featuring four 2BR/1BA units with all tenants paying their own utilities. Strong investment opportunity with attractive DSCR financing potential. Whether you're looking for a pure investment property or an owner-occupied opportunity, this property offers flexibility and solid income performance. Live in one unit while the other three help offset your mortgage, or continue operating it as a fully leased rental property. Based on current DSCR financing scenarios, the property supports approximately a 1.35 DSCR with 20% down on a 7% fixed 30-year loan, increasing to approximately 1.42 with 25% down and 1.50 with 30% down. Conveniently located near shopping, dining, and everyday amenities. Please see Showing Remarks for showing instructions. Agents see AGENT REMARKS
Location
State AR
County Pulaski
Area Little Rock
Zoning apartments
Rooms
Kitchen Free-Standing Stove
Interior
Heating Central Cool-Electric, Central Heat-Gas
Flooring Vinyl
Equipment Free-Standing Stove
Exterior
Parking Features Parking Pads
Utilities Available Sewer-Public, Water-Public
Roof Type Architectural Shingle
Building
Lot Description Level
Foundation Crawl Space
New Construction No
Listed by River Rock Realty Company • Jamie M Hoffman
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