507 S Phillip Drive, Fayetteville, AR 72701

$335,000 Asking Price

3 beds
1 bath
1,140  sqft
Built in 1961

*Back on Market 8/19* Phillip Drive is currently the highest-rated short-term rental, with over one hundred stays in Fayetteville. Ideally located between I49 and the University of Arkansas, the property was fully renovated in 2022. A "Type-2 Business License Short-Term Rental" has been secured; while currently serving as a short-term rental, the property is suitable for a primary residence or a long-term rental setup. Featuring quartz countertops, all-new cabinetry, an electrical overhaul, a great-sized living area, three bedrooms, and top-to-bottom renovation throughout, you will feel right at home no matter the function of the property. A new furnace and an Ecobee smart thermostat system were installed in 2022. The home also features a carport with ample off-street parking, a covered back deck and front porch with comfortable seating, a sizable storage shed in the backyard, and a fully chain-link fenced backyard. This is a rare, turn-key opportunity at securing a high-performing STR in Northwest Arkansas.

Features & Amenities

Interior

General:
Ceiling Fan(s),Eat-in Kitchen,Quartz Counters,Split Bedrooms,See Remarks
Appliances:
Dishwasher,Gas Cooktop,Gas Oven,Gas Water Heater,Microwave,Refrigerator,Range Hood,Washer,ENERGY STAR Qualified Appliances
Laundry:
Washer Hookup,Dryer Hookup
Basement:
Crawl Space
Flooring:
Wood
A/C:
true, Central Air
Heating:
true, Central
Fireplace:
Fireplaces: 0
Eco/Green Feature:
Appliances

Exterior

General:
Concrete Driveway, Storage
Other Structures:
Storage
Pool:
None
Parking:
Attached Carport

Construction

Roofing:
Metal
Windows:
Blinds
General:
Brick,Vinyl Siding, 1, Crawlspace

Location

Road/Access:
Shared
Originating MLS:
ARKMLS
School District:
Fayetteville
County:
Washington

Lot

Zoning:
N, 765-05765-000
Fencing:
Back Yard

Utilities

Utilities:
Electricity Available,Fiber Optic Available,Natural Gas Available,Sewer Available,Water Available
Water:
Public
Sewer:
Public Sewer

Financial

Source:
ARKMLS

This listing courtesy of:
eXp Realty NWA Branch

About Fayetteville, AR

Housing

Number of Units
53,931
Median Home Value
$240,919
Median Rent
$738

57.39% of housing units are renter occupied.

9.35% are vacant.

Commute

Car
70.28%
Public Transportation
1.01%
Walk to Work
2.26%
Work from Home
25.31%
Other
0.26%

The median travel time to work is 15 minutes.

People

Population
116,590
Median Age
32.30
Median Household Size
2.54

Education

High School
20.18%
Associate’s Degree
5.03%
Bachelor’s Degree
27.11%
Graduate Degree
21.56%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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