Multi-Family: MLS #23031041 Hot Springs, AR ^$ 530,000

Multi-Family: MLS #23031041

^$ 530,000

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Multi-Family: MLS #23031041

Hot Springs, AR, 71901

^$ 530,000

Studio Baths0.0 Sq 5,896

Monthly Estimate*

^$ 3,702

Studio

Multi-Family Home for sale in Hot Springs, AR

for $530,000. This 5,896 square foot home was built in 1914 on a lot size of 0.2.

MULTI FAMILY INCOME PRODUCING PROPERTY LOCATED DOWNTOWN A FEW BLOCKS FROM CENTRAL AVENUE. NEW WIRING, LIGHTING AND FLOORING. EXTERIOR AND INTERIOR HAS NEW PAINT. BUILDING HAS 7 1 BEDROOM APARTMENTS AND 1 EFFICIENCY APARTMENT. SPACE AVAILABLE TO ADD AN ADDITIONAL 4 UNITS. PROFIT AND LOSS STATEMENT TO BE AVAILABLE AFTER PROOF OF CASH OR PRE-APPROVAL FOR FINANCING

Multi-Family Active

Price

^$ 530,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,688

Style

Traditional

Lot Size

0.2

Year Built

1914

Town/City

Hot Springs

County/Region

Garland

MLS | Web ID

23031041

Features

General

Heating Window Units

Utilities Sewer-Public Water-Public Electric-Municipal TV-Cable

Roof Composition

Garage Parking Pads

Zoning COMMERCIAL

Year Built 1914

Tenant Pays Cable

Subdivision HSR BLK AR

Style Traditional

Stories Two Story

County Garland

Class Multi-Family

Type Apartments

Tax Year 2022

Inside City Limits Yes

Status Active

Docs on File None

Primary City Hot Springs

Directions I-30 WEST TO 270 W EXIT CENTRAL AVENUE GO NORTH TO ORANGE ST TAKE LEFT ON QUAPAW. PROPERTY ON LEFT.

City Hot Springs

Street Name Quapaw

DOM 262

Postal Code 71901

Price Per Sq Ft 89.89

Coming Soon MULTI FAMILY INCOME PRODUCING PROPERTY LOCATED DOWNTOWN A FEW BLOCKS FROM CENTRAL AVENUE. NEW WIRING LIGHTING AND FLOORING. EXTERIOR AND INTERIOR HAS NEW PAINT. BUILDING HAS 7 1 BEDROOM APARTMENTS AN

Exterior

Exterior Brick

Road Surface Paved

Foundation Crawl Space

Lot Size Area 0.2

Lot Dimensions 50x177

Lot Level In Subdivision

Interior

Floors Vinyl Wood

Total Number of Units 8

1 Bed Units 8

2 Bed Units 0

3 Bed Units 0

* Excluded Features

List By

Scott Vise

Listing Agent

Rainbow Realty

Broker

svise@yahoo.com

Affordability Calculator

$3,843

Per Month

Monthly Principal & Interest: $3,702
Monthly Property Taxes: $141
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Hot Springs, AR

Average List Price ^$712,013

Percent of Sale Price 34%

About Hot Springs, AR

15,306 Population

35% Since 2002

^$53,252 Median Income

70.79 Median Age

8% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

886427 Elementary School

886671 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/13/2024	$530,000	-3.64%	Price Down
9/30/2023	$550,000		Listed Price

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*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Cooperative Arkansas REALTORS Multiple Listing Services, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/16/2024.

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Multi-Family: MLS #23031041

Multi-Family Home for sale in Hot Springs, AR

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