615 Mimi Lane Little Rock, AR $ 196,000
615 Mimi Lane
$ 196,000
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615 Mimi Lane

Little Rock, AR, 72211
$ 196,000
Baths0.0 Sq 1,638

Monthly Estimate*

$ 1,303

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Studio

Multi-Family Home for sale in Little Rock, AR

for $196,000. This 1,638 square foot home was built in 1975 on a lot size of 0.22.

Welcome to 615 Mimi Ln, your exceptional investment opportunity nestled in the heart of Little Rock, Arkansas. This charming duplex presents a lucrative investment prospect with both units currently tenant occupied, generating a steady income of $970 per month per unit, and offering ample potential for rent growth in the future. Boasting recent updates and renovations both inside and out, including a brand-new roof, this duplex exudes modernity and durability. With attention to detail evident in every corner, prospective buyers can rest assured knowing that this property has been meticulously maintained and upgraded to meet the demands of contemporary living. Whether you're an astute investor seeking to expand your portfolio or a savvy homeowner looking to capitalize on the benefits of house hacking, 615 Mimi Ln presents an excellent opportunity. Imagine the possibilities of residing in one unit while leasing out the other, effectively offsetting your living expenses and building equity simultaneously. Conveniently located in a desirable neighborhood with easy access to an array of amenities, including shopping centers, and restaurants. NO SHOWINGS WITHOUT SIGNED CONTRACT

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Multi-Family Active

Price

$ 196,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,907

Style

Traditional

Lot Size

0.22

Year Built

1975

Town/City

Little Rock

County/Region

Pulaski

MLS | Web ID

24008443

Features
General
Heating Central Cool-Electric
Utilities Electric-Municipal Gas-Natural Sewer-Public Water-Public
Roof Architectural Shingle
Garage Parking Pads
Zoning unknown
Year Built 1975
Tenant Pays All Utilities
Subdivision Park Ruby AR
Style Traditional
Stories One Story
County Pulaski
Class Multi-Family
Type Duplex
Inside City Limits Yes
Status Back on Market
Docs on File None
Primary City Little Rock
Directions Off of Mara Lynn
City Little Rock
Street Name Mimi
DOM 4
Postal Code 72211
Price Per Sq Ft Total AG 119.66
Coming Soon Welcome to 615 Mimi Ln your exceptional investment opportunity nestled in the heart of Little Rock Arkansas. This charming duplex presents a lucrative investment prospect with both units currently te
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Exterior
Exterior Brick & Frame Combo
Road Surface Paved
Foundation Slab
Lot Size Area 0.22
Lot Dimensions 9656
Lot Sloped
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Interior
Floors Vinyl
Total Number of Units 2
1 Bed Units 0
2 Bed Units 2
3 Bed Units 0
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* Excluded Features
List By
Chase Calhoun

Listing Agent

Mclellan & Associates Real Estate Group

Broker

chasecalhoun.realestate@gmail.com

Email

Affordability Calculator

$1,462
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,303
Monthly Property Taxes
$159
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
886427 Elementary School
886671 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/13/2024$196,000 Listed Price

Map


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615 Mimi Lane, Little Rock, AR, 72211 is a Multi-Family Home for sale at $196,000 with 1,638 sqft and a lot size of 0.22. 615 Mimi Lane is a studio with 0.0 baths and was built in 1975. The property's zip code is 72211 which is in Little Rock, AR