10042 Damon Ln, Belleville, AR 72824
10042 Damon Ln, Belleville, AR 72824
10042 Damon Ln, Belleville, AR 72824
10042 Damon Ln, Belleville, AR 72824
10042 Damon Ln, Belleville, AR 72824
10042 Damon Ln, Belleville, AR 72824
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$ 140,000
Est. payment | /mo

5,000 SqFt


$ 140,000
Est. payment | /mo

5,000 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $28

MLS Listing ID 1346892

Construction Status 25 Years or older

HOA Y/N No

Year Built 1987

Annual Tax Amount $654

Lot Size 4.700 Acres

Acres 4.7

Property Sub-Type Single Family Residence

Property Description

A hard to find investment property offering privacy, infrastructure, & scalable income potential. This 4.7 acre multi-unit property's just a stone's throw outside Danville city limits-exceptional flexibility for future development w/no building codes. Rare setup includes five separate dwellings, each w/its own electric meter & septic system, making management simple & expansion straightforward.
Included on the Property: 3 BR / 2 BA home, 2 BR / 1 BA home, 3 BR / 2 BA mobile home, 3 BR / 2 BA mobile home, 3 BR / 2 BA mobile home
All units previously rented for $600/month while in below market condition. All dwellings need TLC, offering significant value-add potential for investors looking to renovate & increase rents. With improvements, projected income will rise substantially across all units.
Located 7 minutes from the Wayne Farms Poultry Plant-a strong advantage for long term investors. W/ nearly five acres, there is ample room for additional mobile homes for buyers looking to expand into a mobile home park .

Location

State AR

County Yell

Direction 1. Start on AR-10 heading toward Danville (if coming from the east or west, use the AR-10 / AR-27 area as your reference point). 2. In/near Danville, look for the Valero gas station or turn onto AR-27 N (this is a key local intersection). 3. Head east on AR-27 N (toward Cottontail Ln / Edward Rd). 4. Turn left onto Spring Creek Road. 5. Turn left onto Damon Lane (10042 will be along this road on a few-acre lot)

Rooms

Basement Crawl Space

Interior

Interior Features None

Heating Propane

Cooling Electric

Flooring Carpet, Laminate, Simulated Wood, Vinyl

Fireplaces Number 1

Fireplaces Type Family Room

Fireplace Yes

Appliance Propane Water Heater

Exterior

Exterior Feature Gravel Driveway

Fence Partial

Community Features Near Schools

Utilities Available Electricity Available, Propane, Septic Available, Water Available

Roof Type Asphalt,Shingle

Road Frontage Public Road

Building

Lot Description Level, Not In Subdivision, Outside City Limits

Story 1

Foundation Crawlspace

Sewer Septic Tank

Water Public

Level or Stories One

Structure Type Vinyl Siding

New Construction No

Construction Status 25 Years or older

Schools

School District Danville

Others

Special Listing Condition None

Virtual Tour https://tour.nwarealtors.org/10042-Damon-Lane-Belleville-AR-72824/unbranded

Listed by Small Fee Realty

Nearby Locations

Stephen Kildow

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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