Wow Great Investment in Historic Downtown Hot Springs area. Only two blocks away from Bathhouse Row and Convention Center. This two-story fourplex and single-family home is currently 100% occupied. The single-family home rents for between $850-900 a month and the fourplex units rent for between $500-600 per month. With the average annual rent @ $36,600 you can't go wrong with this investment!! And this could easily be used as an AirB&B or for Business Commercial property. Don't Miss out on this Opportunity!
Off market
$343,500
401 & 405 Spring St, Hot Springs National Park, AR 71901
--beds
0baths
2,192sqft
MultiFamily
Built in 1950
-- sqft lot
$343,500 Zestimate®
$157/sqft
$1,242 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air, Electric, Gas
Cooling
- Central
Appliances
- Included: Garbage disposal
Features
- Ceiling Fan(s), Pantry, Washer Connection, Balcony/Loft
- Flooring: Tile, Carpet, Linoleum / Vinyl
- Doors: Insulated Doors
- Windows: Insulated Windows
Interior area
- Structure area source: Courthouse
- Total interior livable area: 2,192 sqft
Property
Parking
- Total spaces: 4
Features
- Patio & porch: Deck, Patio, Porch, Covered
- Fencing: Chain Link, Full
Lot
- Size: 0.25 Acres
- Features: Level, Corner Lot, In Subdivision
- Topography: Level
Details
- Zoning: CR-Com/Res
- Zoning description: CR-Com/Res
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story, Traditional, One Story
Materials
- Roof: Composition
Condition
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected, Electricity Connected, Water Connected, Sewer Connected
Green energy
- Energy efficient items: Windows, Doors, Insulation
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Hot Springs National Park
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Flooring: Tile, Vinyl, Partial Carpet
- RoadSurfaceType: Paved
- Topography: Level
- InteriorFeatures: Ceiling Fan(s), Pantry, Washer Connection, Balcony/Loft
- Appliances: Disposal, Gas Water Heater, Free-Standing Stove, Washer Connection
- ArchitecturalStyle: Two Story, Traditional, One Story
- HeatingYN: true
- Utilities: Natural Gas Connected, Electricity Connected, Water Connected, Sewer Connected
- PatioAndPorchFeatures: Deck, Patio, Porch, Covered
- CoolingYN: true
- FoundationDetails: Slab, Crawl Space
- Heating: Zoned, Central Heat-Gas
- ConstructionMaterials: Frame, Sheet Rock
- NumberOfUnitsTotal: 5
- Roof: Composition
- StoriesTotal: 1
- NumberOfUnitsInCommunity: 5
- LotFeatures: Level, Corner Lot, In Subdivision
- GreenEnergyEfficient: Windows, Doors, Insulation
- LeaseTerm: Month To Month
- Cooling: Window Unit(s), Zoned, Central Cool-Electric
- ElectricOnPropertyYN: True
- HomeWarrantyYN: True
- OperatingExpenseIncludes: New Tax, Insurance
- OperatingExpense: 999999
- WindowFeatures: Insulated Windows
- Fencing: Chain Link, Full
- DoorFeatures: Insulated Doors
- OpenParkingYN: true
- LotSizeSource: Courthouse
- SecurityFeatures: Smoke Detector(s)
- GrossIncome: 36600
- TenantPays: All Utilities
- ExteriorFeatures: Balcony/Loft
- CurrentFinancing: New Loan-Conventional, New Loan-VA, New Loan-FHA
- BuildingAreaSource: Courthouse
- MlsStatus: Active
- NetOperatingIncome: -963399
- Zoning: CR-Com/Res
- ZoningDescription: CR-Com/Res
- Road surface type: Paved
Services availability
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