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1428 Five Mile Rd, Drasco, AR, 72530

5beds
3baths
1,980sqft
$350,000
$177price/sqft
$2,306/moest. monthly cost
$92,240/yrincome needed

About This Home

This one is PACKED with POTENTIAL! If you've been searching for a property with serious rental potential, this one checks the boxes. Situated on 8 +/- scenic acres complete with a large pond, this unique setup offers three separate residential rental opportunities plus eight storage units - creating multiple avenues for consistent income. The property includes a 5-bedroom mobile home, ideal for a large family rental or workforce housing. With the size alone, this unit could command strong monthly rent compared to typical single-family properties in the area. Also on the property is a 2-bedroom block home, offering a more traditional rental option. This could serve as a long-term rental, short-term rental, or even on-site manager housing depending on your investment strategy. The large shop building has a 2-bedroom apartment, along with 8 storage units, plus a spacious shop area perfect for equipment, business use, or hobbies. Don't snooze on this investment opportunity! Bank owned.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

6/10
8/10
Concord High SchoolGrades 7-126.4 mi

Construction

Materials

  • Foundation: Other
  • Roof: Other
  • Construction materials: Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other (see remarks)
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Other

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Dining Room

  • Features: Other

Features

  • Flooring: Other
  • Fireplace features: Other
  • Fireplace: Yes

Interior Area

  • Total structure area: 1,980
  • Total interior livable area: 1,980 sqft

Property

Details

  • Parcel number: 00103974000

Features

  • Patio & porch: Deck,Porch
  • Exterior features: Storm Cellar,Shop
  • Waterfront features: Pond

Lot

  • Lot size: 8 Acres
  • Features: Cleared

Parking

  • Parking features: Carport
  • Carport: Yes