About 208 Lake Drive
Investor Special!!!!!This package includes 4 Single Family Homes, plus 3 Duplex Buildings (6 Units). So you get 7 Total Properties totaling 10 Units/Doors. The annual rents from these properties are as follows: Annual Rents $123,900 7% cap rate with Annual Taxes and Insurance totaling $16,062.12. Descriptions of properties is as follows: 4620 Prospect #1 $935.00 $59.67 $46.00 2/1-800 sq ft Monthly Term. 4620 Prospect #2 $895.00 $59.67 $46.00 2/1- 800 sq ft 07/31/2025 Lease Term. 601 Paragould #3 $850.00 $58.29 $45.00 2/1- 800 sq ft 12/31/2025 Lease Term. 601 Paragould #4 $820.00 $58.29 $45.00 2/1- 800 sq ft 08/31/2025 Lease Term. 5602 Greenbrook Cv $1,295.00 $101.00 $71.00 3/1.5- 1152 sq ft 12/31/2025 Lease Term. 5606 Greenbrook Cv $1,295.00 $88.67 $58.00 3/1.5- 924 sq ft 02/28/2026 Lease Term. 1403 Broadmoor N (#B) $895.00 $84.38 $60.00 2/1.5 07/31/2025. 1403 Broadmoor S (#A) $895.00 $84.38 $60.00 2/1.5 5/31/2027 Lease Term. 1304 Lakewood $1,295.00 $95.83 $56.00 3/1.5- 912 sq ft Vacant Rented. 5208 Prospect $1,150.00 $68.33 $93.00 3/2- 1110 sq ft 05/31/2026 Lease Term.
Features of 208 Lake Drive
| MLS® # | 25029105 |
|---|---|
| Price | $3,799,000 |
| Square Footage | 501 |
| Type | Multi-Family |
| Sub-Type | PKG Single Family |
| Style | Other (see remarks) |
| Status | Active |
Community Information
| Address | 208 Lake Drive |
|---|---|
| Area | Jonesboro F |
| Subdivision | Fielders Acres |
| City | Jonesboro |
| County | Craighead |
| State | AR |
| Zip Code | 72405 |
Amenities
| Utilities | Other (see remarks) |
|---|---|
| Parking | Garage, Parking Pads, One Car, Two Car |
| View | Sloped, Level |
| Is Waterfront | No |
| Has Pool | No |
| Pool | Other (see remarks) |
Interior
| Interior Features | Washer Connection, Dryer Connection-Gas, Dryer Connection-Electric, Hot Water Heater-Gas, Hot Water Heater-Electric, Smoke Detector, Built Ins, Closet - Walk In, Fan - Ceiling |
|---|---|
| Appliances | Dishwasher, Disposal, Pantry |
| Heating | Other (see remarks) |
| Cooling | Other (see remarks) |
| Fireplace | No |
| Fireplaces | Washer Connection, Dryer Connection-Gas, Dryer Connection-Electric, Hot Water Heater-Gas, Hot Water Heater-Electric, Smoke Detector, Built Ins, Closet - Walk In, Fan - Ceiling |
| Stories | Other (see remarks) |
| Has Basement | No |
Exterior
| Exterior | Brick, Metal/Vinyl Siding |
|---|---|
| Exterior Features | Other (see remarks) |
| Lot Description | Sloped, Level |
| Roof | Other (see remarks) |
| Foundation | Slab |
Additional Information
| Date Listed | July 23rd, 2025 |
|---|---|
| Days on Market | 97 |
| Zoning | see remark |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Agent | Eric Burch |
|---|---|
| Office | Burch and Co. Real Estate |