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504 Mimi Ln #506, Little Rock, AR, 72211

6beds
4baths
2,250sqft
$219,000
$97price/sqft
$1,589/moest. monthly cost
$63,560/yrincome needed

About This Home

Both units are occupied currently with over 20% investment return!! Don't miss the great opportunity to own this duplex each unit featuring 3 bedrooms and 2 bathrooms in popular West Little Rock! It presents a compelling investment opportunity with its strategic location and potential for steady rental income. Positioned in a highly accessible area, it is just minutes away from major shopping centers, health care facilities, restaurants, and schools, with easy access to the interstate, making it appealing to a diverse range of tenants. The property consists of two separate units, allowing for flexibility in rental strategies. Investors can opt to rent both units for dual income or occupy one while leasing the other, ensuring a consistent cash flow. Each unit has its own utilities, minimizing the landlord's responsibilities. Each unit has its outside storage area and decking for entertaining, the left side units has new LVP flooring, new paint, new fans, new kitchen hood, new vanities, new glass top electric range, disposal and toilets; the sewer line has been replaced as well.HVAC at right side unit replaced 2024. See showing remarks.

Getting Around

68
WalkingSomewhat Walkable
29
TransitSome Transit
20
BikeSomewhat Bikeable

Schools

4/10
Terry Elementary SchoolGrades PK-50.1 mi
8/10
4/10

Construction

Condition

  • Year built: 1977

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Free-Standing Range,Electric Range,Dishwasher,Gas Water Heater
  • Laundry features: Electric Dryer Hookup

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4

Features

  • Ceiling Fan(s),Sheet Rock
  • Flooring: Tile,Vinyl

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Electric

Interior Area

  • Total structure area: 2,250
  • Total interior livable area: 2,250 sqft

Property

Details

  • Zoning: resident

Features

  • Levels: One
  • Patio & porch: Deck,Porch
  • Exterior features: Storage
  • Fencing: Partial

Lot

  • Lot size: 9,583 sqft
  • Features: Sloped,Level,Subdivided

Parking

  • Total spaces: 2
  • Parking features: Parking Pad,Two Car