Commercial: MLS #24004667 Hot Springs, AR ^$ 439,000

Commercial: MLS #24004667

^$ 439,000

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Commercial: MLS #24004667

Hot Springs, AR, 71901

^$ 439,000

Studio Baths0.0 Sq 3,180

Monthly Estimate*

^$ 3,067

Studio

Commercial Property for sale in Hot Springs, AR

for $439,000. This 3,180 square foot building was built in 1940 on a lot size of 0.94.

Discover your investment opportunity with a prime location in a commercial zone, permitting short term rentals, boasting 5 well maintained one-bedroom, one-bath apartments currently with long term tenants. With a track record of proven rental income, this property offers a profitable venture for investors seeking stability and growth in the Hot Springs market. Call or text to schedule a showing today.

Commercial Active

Price

^$ 439,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 1,554

Style

Traditional

Lot Size

0.94

Year Built

1940

Town/City

Hot Springs

County/Region

Garland

MLS | Web ID

24004667

Features

General

Heating Central Cool-Electric Central Heat-Electric

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

Roof Composition

Year Built 1940

Parking 1 - 10 Spaces

Tenant Pays All Utilities

Subdivision Central Avenue Park

Style Traditional

Stories Two Story

County Garland

Class Commercial / Industrial

Type Building and Land

Business Type Apartments

Business Name A&S Property Management

Tax Year 2023

Inside City Limits No

Status Active

Docs on File Legal Description

Directions Take Central Ave S left on Laser Street.

City Hot Springs

Street Name Laser

DOM 72

Price Per Sq Ft 138.05

Coming Soon Discover your investment opportunity with a prime location in a commercial zone permitting short term rentals boasting 5 well maintained one-bedroom one-bath apartments currently with long term tena

Exterior

Exterior Metal/Vinyl Siding

Road Surface Paved

Foundation Slab

Lot Size Area 0.94

Lot Dimensions 40990

Lot Level

Parking 10

Interior

Floors Vinyl

* Excluded Features

List By

Randy Whitehead

Listing Agent

Esq. Realty Group - Hot Springs

Broker

randy@esqbrokers.com

Affordability Calculator

$3,196

Per Month

Monthly Principal & Interest: $3,067
Monthly Property Taxes: $130
Monthly Home Insurance: --

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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

Commerical listings in Hot Springs, AR

Average List Price ^$881,306

Percent of Sale Price 101%

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	$439,000		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 4/27/2024.

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Commercial: MLS #24004667

Commercial Property for sale in Hot Springs, AR

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