Property Description
WELCOME TO 505 HOLMES STREET, A RESIDENTIAL INVESTMENT OPPORTUNITY IN CRAIGHEAD COUNTY, ARKANSAS. Located at the back of Holmes Street in Bay, this 0.5± acre property presents an investment opportunity for someone looking to add value through improvements and updates. The 1,500± square foot home features three bedrooms, one bathroom, an open-concept layout, and a large kitchen with room for customization.
Several major components of the property have already been updated. The metal roof was added in 2011, while the HVAC system, electrical, and tankless water heater were updated in 2014. The siding and windows were updated in 2020, and the dining room subfloor, along with the water and sewer lines, was updated in 2022. The home still offers opportunities for additional work and improvements, making it a potential fit for an investor or buyer looking to renovate and add their own touches. An exterior storage shed also conveys with the property and provides additional storage, although it is in need of repair. Situated on approximately 0.5 acres, the property offers a spacious lot in a residential setting with convenient access to local schools and amenities. Bay High School and Bay Elementary School are both located just a short distance away, while Jonesboro is only 11± miles from the property. With its existing updates, spacious lot, functional layout, and convenient location, 505 Holmes
Street offers an opportunity to bring new life to an existing property while building on improvements that have already been completed.