345 South Madison Street, Jonesboro, AR 72401, USA
StudioBed:
8,200 Sq FtLiving Area:
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Price
$ 1,17M
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6
more
About This
Townhouse
These 6 townhouse's sounds like a fantastic investment opportunity, especially with its prime location in Downtown Jonesboro. The convenience of being within walking distance to major downtown attractions, events, and restaurants is a huge selling point. The fact that it's currently utilized as nightly rentals with an 80% occupancy rate in 2023 suggests a strong demand for short-term stays in the area. And the option to convert it into long-term rentals provides flexibility for potential buyers. With three bedrooms, two full baths, and one half bath in each unit, it offers comfortable living spaces for tenants or guests. Plus, having a back deck to enjoy the evenings adds to the appeal. Overall, it seems like a well-rounded investment property that…
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While we strive to provide accurate and timely information, it's essential to remain vigilant and do your due diligence when considering rental properties. Make sure to follow
expert tips to reduce the risk of fraud when renting a new apartment.
The average household income in
Jonesboro, AR
grew
from
$42,732
to
$44,171
in the past year. This data is an estimate based upon
28,390
households in
Jonesboro, AR. The chart below presents how household income is distributed in
Jonesboro, AR
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: <$800
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Jonesboro, AR
compared to median property taxes around the country. The prevalent amount of property taxes in
Jonesboro, AR
equals
<$800
, which is
more
than the national average.