c.1941 Three Bedroom Arkansas Handyman Special Reduced to $40K
OHU50K Notes $54,000 Reduced to $40,000
c.1941 Three bedroom Arkansas handyman special home for sale. This home has so many unique features that would shine with some elbow grease.
Realtor Comments
Charming 1941 Craftsman Bungalow on a Half Acre Corner Lot Step back in time with this beautiful 1941 Craftsman bungalow, where historic charm meets modern convenience. Nestled on over half an acre, this 3-bedroom, 1-bathroom home boasts original hardwood floors throughout, spacious rooms, and elegant architectural details. The kitchen and bathroom offer more recent updates while preserving the homes timeless character as well as central heating and cooling. Enjoy cozy evenings by the fireplace and admire the stained glass windows in the rear bedroom. Thoughtful details are found throughout the home such as original glass door knobs and custom built-ins. Relax on the screened-in porch off the living room, the perfect spot to enjoy the peaceful surroundings. The large dining room is ideal for hosting gatherings. Situated on a prime corner lot, this rare gem offers space, character, and opportunity to return this gem to it’s former glory. Schedule your showing with an agent today! Agents please see remarks. This home is being presented as-is where-is.
- 3 bed
- 1 bath
- Build date 1941
388 W Elm St, Prescott, AR 71857 $54,000 Reduced to $40,000
- Contact Realtor: Alannah McNeese
- Google Map
- Niche
Pros of Living in Prescott, Arkansas
1. Affordable Cost of Living
Prescott boasts a cost of living significantly below the national average. Housing is notably affordable, with median home values around $65,400 and median rents at $760 per month. This affordability makes it an attractive option for individuals and families seeking economical living.
2. Rich Historical Heritage
The town is home to the Prescott Commercial Historic District, listed on the National Register of Historic Places. This district includes significant buildings such as the courthouse, post office, and the old Prescott City Jail, reflecting the town’s historical significance.
3. Low Crime Rate
Prescott has a lower-than-average crime rate, contributing to its reputation as a safe place to live. This low crime rate is appealing for families and individuals seeking a secure environment.
4. Proximity to Outdoor Recreation
The town is located near the Little Missouri River, providing residents with opportunities for outdoor activities such as fishing and boating. Additionally, the surrounding area offers various parks and natural attractions.
Cons of Living in Prescott, Arkansas
1. Limited Job Opportunities
The local economy is primarily driven by agriculture and small businesses. With a median household income of $31,591, which is below the national average, and an unemployment rate of 4.2%, job opportunities can be limited.
2. Limited Amenities
While Prescott offers basic services, it lacks the extensive amenities found in larger cities. Residents may need to travel to nearby towns for a wider variety of shopping, dining, and entertainment options.
3. Limited Public Transportation
Public transportation options are minimal in Prescott, making a personal vehicle essential for getting around and accessing services.
4. Educational Challenges
The town faces challenges in its education system, with below-average graduation rates and proficiency scores in mathematics and reading/language arts. This may impact families considering Prescott for its educational opportunities.
Summary
Prescott, Arkansas, offers an affordable and safe environment with a rich historical heritage and access to outdoor recreation. However, potential residents should consider the limited job opportunities, amenities, and educational challenges when evaluating if Prescott aligns with their lifestyle preferences.
