3818 Elam, Little Rock, AR 72205

Property Description

Excellent Little Rock development opportunity consisting of five build ready duplex lots with the potential for 10 total rental units. The City of Little Rock has approved R4 duplex zoning, and complete duplex house plans and individual plot plans are already in place. Each duplex is designed with two spacious three bedroom, two bathroom units that live and feel more like single family homes. The seller has built and is currently building this same duplex product in other parts of Little Rock with strong leasing success and tenant demand. Similar completed units have rented for approximately $1,550 per month per side. The seller is also a licensed general contractor and is available to construct the duplexes for the buyer. Construction financing may be available to qualified purchasers, subject to approval and mutually acceptable terms. Rental figures are provided for reference and are not guaranteed. Contact the listing agent for pricing, plans, plot plans, and additional information.