Excellent investment opportunity in a prime Central Hot Springs location! This renovated and well-maintained multifamily package is 100% occupied and currently generates approximately $15,000 per month in gross rental income. The property consists of seven duplex units, including six spacious 3BR/2BA units and one 2BR/2BA unit with a garage. Extensive improvements have been made throughout the property, including new roofs on all seven buildings in 2023, along with updated appliances, central heat and air systems, flooring, fixtures and other interior upgrades. Tenants pay all utilities. Conveniently located just behind the Central Avenue Walmart, near Lake Hamilton, shopping, restaurants and many of Hot Springs' most popular amenities. Fully occupied, extensively updated, and producing strong income from day one. Owner is a licensed real estate agent.
| MLS # | 155185 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2001 |
| Days On Site | 153 |
| Listing Provided By | ESQ. Realty Group | J. J. Tucker |
| Story(s) | 1 |
|---|
| Interior Features | Dryer Connection-Electric, Hot Water Heater-Electric, Smoke Detector, Washer Connection, Fan-Ceiling |
|---|
| Exterior Features | Partially Fenced, Guttering, Storage Building |
|---|---|
| Foundation | Crawl Space, Slab, Slab/Crawl Combination |
| Utilities | Electric-Entergy, Sewer-Public, TV-Cable, Water-Public |
|---|
| Property | 12000 |
|---|
| State | AR |
|---|---|
| County | Garland |
| City | Hot Springs |
| Zip Code | 71913 |
| Area | Garland |
| School District | Hot Springs |
| Listing VS Median (in 71913) | |
Price: $1,899,999 low | high Med: $365,000 On site: 153 low | high Med: 160 | |
| State | AR |
|---|---|
| County | Garland |
| City | Hot Springs |
| Zip Code | 71913 |
| Area | Garland |
| School District | Hot Springs |
| Listing VS Median (in 71913) | |
Price: $1,899,999 low | high Med: $365,000 On site: 153 low | high Med: 160 | |