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Cardenas & Associates Realty
4414 Windsor Drive, Fort Smith, AR 72904
- $249,900
- 2,228
- SqFt
- List Price
- $249,900
- Status
- ACTIVE
- Days on Market
- 71
- MLS#
- 1091475
- Subtype
- Residential
- Style
- Ranch, Traditional
- Year Built
- 1970
- Living Area
- 2,228
- Acres
- 0.23
- Subdivision
- Sutton Estates #2
Property Description
Two doors, existing income, and room to improve the numbers.** 4414 Windsor Drive presents an opportunity to acquire an income-producing duplex with both units currently rented—one at $930 per month and the other at $950 per month generating $22,560 in scheduled gross rental income annually. At the $249,900 asking price, current rents represent an approximate 9.0% gross annual yield before expenses, with additional upside potential for an investor willing to make strategic improvements and evaluate future rental rates. Each side offers a practical 2-bedroom, 2-bath layout with an attached one-car garage, giving tenants the privacy and everyday functionality that can help support long-term rental appeal. The interiors feature spacious living areas, fireplaces, separate dining spaces, walk-in closets, and individual laundry areas. The brick exterior and side-by-side configuration also make this an approachable property for an investor looking to add a duplex to an existing portfolio or enter the multifamily market with just two units to manage.Location adds another layer to the investment story. The property is positioned near public and private schools, a city library, and everyday Fort Smith amenities, helping place tenants within convenient reach of the places they use regularly.With income already in place and potential to create additional value through updates and future rent adjustments, 4414 Windsor Drive offers both immediate cash-flow potential and a path toward stronger future performance**. Whether the goal is to hold for income, improve operations over time, or build a larger rental portfolio, the fundamentals here give an investor several ways to approach the opportunity.
Additional Information
- Exterior Features
- Concrete Driveway
- Taxes
- $1,648
- Property Description
- Ranch, Traditional
- Flooring
- Carpet, Ceramic Tile
- Appliances
- Dishwasher, Electric Water Heater, Disposal, Range
- Heating
- Central
- Air Conditioning
- Central Air
- Stories
- 1
- Roof
- Architectural, Shingle
- Foundation
- Slab
- Parking Features
- Attached, Garage, Two Spaces, Garage Door Opener
- Elementary School
- Sunnymede
- Middle School
- Kimmons
- High School
- Northside
Listing courtesy of Team Shoppach from O'Neal Real Estate- Fort Smith