96 School ST Charleston, AR 72933
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 11,000 sqft
Price per Sqft $199
Subdivision Maplewood
MLS Listing ID 1091576
HOA Y/N No
Year Built 2021
Annual Tax Amount $6,182
Lot Size 1.390 Acres
Acres 1.39
Property Sub-Type Other
Property Description
1 Triplex (3- 1,000/sq/fr Units): Centrally located and upon completion (2026) are expected to fill immediately at $1,295 per unit.
Expansion Potential: The sale includes 2 build-ready lots that the developer will start building 1,000/sqft cottages on in 2027 plus a third lot capable of housing an additional 4 units. This allows the savvy investor to scale the portfolio immediately using existing infrastructure.
This is a turnkey operation from day one. The owner currently provides water and high-speed internet, a strategy that has secured a 100% occupancy rate and a waitlist of prospective tenants. Charleston's growing demand for quality housing and its top-tier school district make this a "legacy" asset for any portfolio. Whether you are looking for stable cash flow or a strategic "buy and build" project, this package offers the best of both worlds. Financials and rent rolls are available upon request to qualified buyers.
Location
State AR
County Franklin
Community Near Schools, Shopping
Direction South
Interior
Interior Features Ceiling Fan(s), Eat-in Kitchen, Granite Counters
Heating Central, Electric
Cooling Central Air
Flooring Vinyl
Fireplace No
Window Features Vinyl,Blinds
Appliance Dryer, Dishwasher, Electric Water Heater, Microwave Hood Fan, Microwave, Range, Refrigerator, Washer
Laundry Electric Dryer Hookup, Washer Hookup, Dryer Hookup
Exterior
Exterior Feature Concrete Driveway
Parking Features Parking Lot
Fence None
Community Features Near Schools, Shopping
Roof Type Architectural,Shingle
Porch Patio
Building
Lot Description Central Business District, Cul-De-Sac, City Lot, Level
Faces South
Entry Level One,Two
Foundation Slab
Level or Stories One, Two
Schools
Elementary Schools Charleston
Middle Schools Charleston
High Schools Charleston
School District Charleston
Others
Tax ID 008-00546-032
Security Features Smoke Detector(s)
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/96-School-Street-Charleston-AR-72933/unbranded