A Historic Travel Court in Uptown 7 buildings consisting of 10 rental units. 162,a,b,c Ramble St. as well as 166a,b,168,170, 172,176,178 Ramble St. There is a coin operated laundry on the property to accommodate units that do not have washer dryer hook ups. Current owner has owned for 37 years and taken great care in maintaining and preserving the property. Great occupancy rates and steady income stream with a good CAP rate. Owners have done many repairs during the ownership to keep the properties in good condition as well as maintaining the historic integrity when possible. For more detailed information on the maintenance and financials, contact the listing agent. The property backs up to Hot Springs National Park. About half of the 1 1/3 acres is behind the cottages and undeveloped. adding units is made easier with access and utilities behind the property on Craig Terrace. Close to parks, Northwoods bike trails, and walking distance downtown Hot Springs.
Closed
$675,000
Hot Springs, AR 71901
--beds
--baths
8,803sqft
Apartment
Built in 1900
-- sqft lot
$723,900 Zestimate®
$77/sqft
$1,201 Estimated rent
Home value
$723,900
$601,000 - $854,000
$1,201/mo
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: September 26, 2023 at 03:53pm
Listed by:
Larry Womack 501-318-9489,
Hot Springs Realty
Bought with:
Larry Womack, AR
Hot Springs Realty
Source: CARMLS,MLS#: 23019108
Facts & features
Interior
Heating
- Space Heater, Separate Meters
Cooling
- Window Unit(s)
Appliances
- Included: Free-Standing Range, Microwave, Gas Range, Electric Range, Refrigerator, Washer, Dryer, Gas Water Heater, Electric Water Heater
- Laundry: Washer Hookup, Gas Dryer Hookup
Features
- Flooring: Partial Carpet, Tile, Vinyl, Carpet, Wood, Laminate
Interior area
- Total structure area: 8,803
- Total interior livable area: 8,803 sqft
Property
Parking
- Parking features: Garage, Carport
- Has garage: Yes
- Has carport: Yes
Features
- Levels: One,Two
- Patio & porch: Deck, Patio, Covered, Porch
- Exterior features: Storage, Rain Gutters
- Fencing: Partial,Chain Link
Lot
- Size: 1.30 Acres
- Dimensions: 225 x 250
- Features: Sloped
Details
- Additional structures: Storage
- Zoning: RI
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Apartment
Materials
- Frame, Stucco
- Foundation: Crawl Space, Slab/Crawl Combination, Other
- Roof: Composition
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & neighborhood
Location
- Region: Hot Springs
- Subdivision: Fishers
Other
Other facts
- Listing terms: Lease Purchase,Contract,Cash
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/26/2023 | Sold | $675,000$77/sqft |
Source:  CARMLS #23019108 Report a problem | ||
| 8/24/2023 | Contingent | $675,000$77/sqft |
Source: CARMLS #23019108 Report a problem | ||
| 8/24/2023 | Pending sale | $675,000$77/sqft |
Source:  HSDS #142806 Report a problem | ||
| 6/23/2023 | Listed for sale | $675,000$77/sqft |
Source: HSDS #142806 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,509 +59.1% | $32,940 +57% |
| 2023 | $948 +9.1% | $20,976 +9.1% |
| 2022 | $869 +8.8% | $19,228 +10% |
| 2021 | $799 | $17,480 |
| 2020 | $799 | $17,480 |
| 2019 | $799 -5.4% | $17,480 |
| 2018 | $844 | $17,480 |
| 2017 | $844 +20.9% | $17,480 +3.4% |
| 2016 | $698 | $16,910 |
| 2015 | $698 +0.1% | $16,910 |
| 2014 | $698 -0.1% | $16,910 |
| 2013 | $698 | $16,910 |
| 2012 | $698 +1.2% | $16,910 +1.2% |
| 2011 | $690 +18.2% | $16,715 +18.2% |
| 2009 | $584 +10% | $14,143 +10% |
| 2008 | $531 +8.1% | $12,857 +8.3% |
| 2007 | $491 | $11,868 +20% |
| 2006 | -- | $9,890 |
| 2005 | -- | $9,890 |
Neighborhood: 71901
Nearby schools
GreatSchools rating
- 4/10Langston Magnet SchoolGrades: PK-6Distance: 1.4 mi
- 5/10Hot Springs High SchoolGrades: 10-12Distance: 3.5 mi
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