Unique investment opportunity. Current residential property with tremendous current / future commercial potential. Located on W. Center St (Spur 10), Greenwoods main thoroughfare; high visibility w/ a traffic count of 14400 cars per day. 1.5 acre lot with 210 feet of road frontage. 0.3 mile to the Wal-Mart entrance on Spur 10. Property is located in the county (not within the Greenwood city limits); as such, city zoning regulations/restrictions do not apply. Potential property uses include: * Immediate conversion of house to an office building such as an Insurance office, hair salon, etc. * Residential rental property; 1 or 2 units that pays for property while commercial investment value increases * Personal residence property in combination with immediate road frontage business, i.e. food truck, fruit stand, used car sales * Personal residence property with increasing commercial investment value Property includes two structures located on the back 1/3 of the property. 2 bedroom, 2 bath home built in 1982 with 1350 gross sq. ft. of living space. Fresh paint throughout. New stove and dishwasher. Excellent storage with walk-in bedroom closets, two hall closets, and built-in utility room shelves. Small extra room that could be used as an office, small additional bedroom, hobby room, or extra storage room. Utility room with separate gas hot water heater. 22 x 20 carport. 48 x 10 covered front porch. Detached garage / guest house; entire unit (garage side and guest house side) is heated and cooled! 560 gross sq. ft. each. Guest house includes 1 bedroom, an open living / kitchen area, and a ¾ bathroom. Guest house would make an excellent in-law suite, teenager suite, a separate rental unit, or a super cool man-cave. Note: Main house and detached garage-guest house are on separate electric meters facilitating separate renting.
Off market
$234,800
1918 W Center St, Greenwood, AR 72936
2beds
1,350sqft
SingleFamily
Built in 1982
1.5 Acres Lot
$234,800 Zestimate®
$174/sqft
$1,109 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Heating
- Other
Cooling
- Central
Features
- Flooring: Tile, Carpet
- Has fireplace: No
Interior area
- Total interior livable area: 1,350 sqft
Property
Parking
- Parking features: Carport, Garage - Detached
Features
- Exterior features: Other
Lot
- Size: 1.50 Acres
Details
- Parcel number: 6000100000332601
Construction
Type & style
- Home type: SingleFamily
Materials
- Foundation: Piers
- Roof: Other
Condition
- Year built: 1982
Community & neighborhood
Location
- Region: Greenwood