$930,000
$1,390,000
33.1%For more information regarding the value of a property, please contact us for a free consultation.
Address not disclosed Hot Springs, AR 71901
10,298 SqFt
Key Details
Sold Price $930,000
Property Type Multi-Family
Sub Type Apartments
Listing Status Sold
Purchase Type For Sale
Square Footage 10,298 sqft
Price per Sqft $90
Subdivision Hsr Blk
MLS Listing ID 24000247
Sold Date 02/28/24
Style Traditional,Colonial
Year Built 1950
Annual Tax Amount $5,336
Tax Year 2023
Lot Size 1.900 Acres
Acres 1.9
Property Description
An amazing income producing property in a prime location in the heart of Downtown Hot Springs is waiting for an investor to add it to their portfolio. 18 units feature an open floor plan with a private bathroom and 8 one-bedroom units. The large Victorian style home, built in 1891, is 5295 square feet and could be renovated back to her glory days. Entry building by the highway could be a guard shack, quick convenience store or a storage building. There are 3 units dedicated for housekeeping, storage and managers office, but they could be configured to income producing units as well. Owner requires earnest money with all offers and additional monthly expenses for cable and dumpster, can be supplied upon request. Call your agent today to schedule to see your next investment.
Location
State AR
County Garland
Area Hot Springs School District
Zoning Commercial
Rooms
Basement None
Kitchen Microwave, Refrigerator-Stays, Bar/Fridge
Interior
Interior Features Hot Water Heater-Gas, Smoke Detector, All Units, Furnished, Video Surveillance
Heating Window Units
Flooring Tile
Equipment Microwave, Refrigerator-Stays, Bar/Fridge
Exterior
Exterior Feature Guttering, Dumpster, Covered, Video Surveillance
Parking Features Parking Pads, Assigned
Utilities Available Sewer-Public, Water-Public, Electric-Municipal, TV-Cable
Roof Type Composition,Metal
Building
Lot Description Sloped, Level, In Subdivision, Upslope
Foundation Crawl Space
New Construction No
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Bought with The Virtual Realty Group