720 S Mount Millsap Ln Fayetteville, AR 72704

Listing details for 720 S Mount Millsap Ln, Fayetteville, AR 72704 : Excellent investment opportunity! This beautiful home is situated on over 1.5 acres of land, surrounded by mature trees and nature. Features include a wood burning fireplace, tons of outdoor living space (including 3 covered patios & a large deck!) and wood floors throughout. Huge corner lot borders Centennial Park. Could potentially be divided for additional development (zoned R4). Easy access to l-49 and minutes from downtown Fayetteville. Downstairs was previously rented as a separate apartment. Two sections of the home (downstairs & east portion of upstairs) could easily be converted as short term rentals, leaving the main portion of the house for the owners or tenants to occupy. Centennial Park spans 228 acres and was named Outdoor Facility of the year by ARPA. Would be a prime location for a bike shop, cafe or other small business (Conditional Use Permits required). A rare opportunity to purchase such a large parcel of land right in the heart of town!