420 Locust Avenue, Fayetteville, AR 72701

$475,000
5
BD
3
BA
2,142
SqFt
Sold Price
$475,000
List Price
$580,000
Closing Date
Sep 30, 2022
Status
CLOSED
MLS#
ARKMLS-1180581
Bedrooms
5
Full-baths
3
Sq. Ft
2,142
Acres
0.49
Year Built
1926
Subdivision
Mccrimmons Add

Property Description

Development Potential in thriving area. This listing is for two lots, containing almost half an acre, in downtown Fayetteville right behind Walgreen's off of MLK. The lots back up to each other giving you frontage on both Locust and Church Street. 420 Locust is zoned Downtown General and 507 Church is zoned Residential but has the possibility of being rezoned. The Church street property also has an unused road easement that may be able to be vacated, to increase the lot size. Location is great for commercial and/or multi-family uses . Houses of little to no value the value is in the land. Engineer concept drawings in the attachments would need to be approved by the city.

Additional Information

Taxes
$33
Roof
Metal
Appliances
Gas Water Heater
Fencing
Back Yard
Foundation
Crawlspace
Basement
Crawl Space
Levels
One
School District
Fayetteville
Heating
Central
Cooling
Central Air

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Arkansas Heritage Realty. Selling Office: Arkansas Heritage Realty.