Investment Properties
This three bedroom two bath brick sits in Jonesboro close to highway 75, 675 and 138. Only the original owner knows how great this house is inside and out. The picture does not do it justice. Kitchen has been remodeled. New hardwood floors and new flooring in bathrooms. Nice deck on back of house. New paint also.
This house is available to be purchased as a long term rental property. The house is in good shape in Forest Park close to hwy 75. With $750 a month rental income from a long term tenant. This home produces positive cash flow. This is a three bedroom two bath house with a huge 24 x 36 workshop and garage on a nice fenced lot. It comes equipped with appliances, a glassed in porch, separate laundry room.
This house can be purchased for $83,000. It appraised for $90,000 before improvements in August of 2004. We have remodeled this house to include new central heat and air, updated both bathrooms, new carpet and paint, a new roof, enlarged the living room, and updated the electrical system. This house will appraise for around $104,000 with the $12,000 worth of upgrades. This house has been rented from day one after renovations by the same family. The block 24 x 36 workshop in the back yard has plenty of storage and shelves and also has electric, water, and a bathroom. The storage building can be remodeled to be separate living quarters.
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