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1400 Jacobs Avenue Fort Smith, AR $ 1,599,000
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$ 1,599,000 Get more info
1400 Jacobs Avenue
$ 1,599,000
Back to search
Share Save

1400 Jacobs Avenue

Fort Smith, AR, 72908
$ 1,599,000
Bedrooms-- Baths-- Sq 15,920

Monthly Estimate*

$ 9,577

1400 Jacobs Avenue, Fort Smith, AR 72908 - Image 1
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Commercial Property for sale in Fort Smith, AR

for $1,599,000. This 15,920 square foot building was built in 1987 on a lot size of 0.8462.

18 unit multi-family complex. Each unit has central heat and air, W/D hook-ups, Refrigerators. Building 1: 10 units, 2 bedroom 1 bath, 8512 sq ft built in 1987. $6825 current monthly rent. Building 2: 8 units, 4, 2 bedroom 2 bath and 4, 1 bedroom 1 bath units. 7408 sq ft built in 2021 granite counters, tile floors, Central Heat & Air, w/d $6560 current monthly rent.

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Commercial Active

Price

$ 1,599,000

Property Type

Commercial

Taxes

$ 9,321

Style

Lot Size

0.8462

Year Built

1987

Town/City

Fort Smith

County/Region

Sebastian

MLS | Web ID

1073026
Features
General
Heating Central
Cooling CentralAir Electric
Utilities ElectricityAvailable SewerAvailable WaterAvailable
Roof Architectural Shingle
Appliances ElectricWaterHeater
Construction Materials Brick
Year Built 1987
Property Subtype Other
Gross Income 159120.0
Business Type Rental
County Sebastian
Operating Expense 37093.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Contingency Take Backup Offers
Garage Y/N N
Special Listing Conditions None
Status Active
Directions South on Jenny Lind off Zero Right on Jacobs Ave.
City Fort Smith
Senior Community Y/N N
Zoning Description Multi Family
Lot Size Units Acres
Waterfront Y/N N
Carport Y/N N
Electric On Property Y/N N
Year Built Details 25 Years or older
Land Lease Y/N N
Tax Annual Amount 9321.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/1400-Jacobs-Avenue-Fort-Smith-AR-72908/unbranded
Standard Status Active
Year Built Source PublicRecords
Tax Lot 1
Property Sub Type Additional Other
Cap Rate 7.0
Legal Description LOT 1 BLK H & PT. CLOSED STREET
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Exterior
Lot Features CityLot
Water Source Public
Lot Size Area 0.8462
Foundation Details Slab
Spa N
Lot Dimensions 132.5x278.2
Lot Size Acres 0.8462
Private Pool N
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
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Internal Only
Street Number 1 1400
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* Excluded Features
List By
Keller Williams Platinum Realty

Broker

michellep@michellesayssold.com

Email

Affordability Calculator

$10,353
Per Month
92%
8%
0%
Monthly Principal & Interest
$9,577
Monthly Property Taxes
$777
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% 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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Nearby
2624201 Elementary School
2624346 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/31/2024$1,599,000 -3.09% Price Down
6/12/2024$1,650,000 Listed Price

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1400 Jacobs Avenue, Fort Smith, AR, 72908 is a Commercial Property for sale at $1,599,000 with 15,920 sqft and a lot size of 0.8462. 1400 Jacobs Avenue was built in 1987. The property's zip code is 72908 which is in Fort Smith, AR

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