Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2001
Sq.Footage
17,097
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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Ceiling Fan(s), Electric
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick, Frame
-
Patio and Porch Features
Deck, Patio, Porch
-
Pool
No
Area & Lot
-
Lot Features
Sloped
-
Lot Size(acres)
1.77
-
Property Type
Residential Income
-
Property Sub Type
Duplex
-
Architectural Style
Traditional
Price
-
Sales Price
$1,899,999
-
Tax Amount
$12,000
-
Zoning
residentia
-
Sq. Footage
17,097
-
Price/SqFt
$111
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Garland
Elementary School
Middle School
High School
Listing Courtesy of James Tucker, ESQ. Realty Group - Hot Springs
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