21 W 5th Street, Fayetteville, AR 72701

$665,000
4
BD
4
BA
2,448
SqFt

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List Price
$665,000
Status
ACTIVE
MLS#
ARKMLS-1342878
Bedrooms
4
Full-baths
2
Half-baths
2
Sq. Ft
2,448
Acres
0.10
Year Built
2022
Subdivision
Jennings Add

Property Description

Some houses have a bonus room. This one has a bonus house. Don’t overlook this unique opportunity to own 2 homes on 1 lot in a wildly popular SoFay area. So what might one do with a bonus house? Well, first and foremost short term rental. The rear unit qualifies as an ADU and a Type 1 STR. In layman’s terms, if you live in the front home no permit is needed to STR the rear one. No waiting list with the city, just get your business license and rent! Since these homes happen to be located within walking distance the Greenway, the Square, Dickson St, UA campus and sports venues, parks, breweries, food trucks and restaurants galore, you’ll for sure want to live there as much as visitors to the area will want to stay there. Or, parents of a UA student might forgo student housing and rent these homes to her and her friends and have something to sell after graduation. Investors might find two newer, well-maintained homes in a high-demand area a fine place to park their 1030 exchange money. Come explore this opportunity!

Additional Information

Taxes
$6,091
Style
Contemporary
Roof
Architectural, Shingle
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Range Hood, Smooth Cooktop, Washer
Fencing
Chain Link, Partial
Foundation
Slab
Basement
None
Levels
Two
School District
Fayetteville
Heating
Central, Electric
Cooling
Central Air

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Calculator source: Real Geeks

Listing courtesy of Flyer Homes Real Estate. 479-601-5453