400 Majestic Lodge Road Hot Springs, AR ^$ 555,000

400 Majestic Lodge Road

^$ 555,000

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400 Majestic Lodge Road

Hot Springs, AR, 71913

^$ 555,000

Bedrooms6 Baths6.0 Sq 3,004

Monthly Estimate*

^$ 3,877

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Multi-Family Home for sale in Hot Springs, AR

for $555,000 with 6 bedrooms and 6 full baths. This 3,004 square foot home was built in 2003 on a lot size of 0.16.

The lake is waiting for you! Incredible Investment Opportunity on Lake Hamilton. This waterfront duplex has 3 bedrooms and 3 baths in each unit. Both units have been beautifully updated and decorated, making this a perfect turn-key vacation rental. Each home has a patio as you step out of the back door and a deck overlooking the water. Each unit comes fully furnished and ready for the next rental. This duplex is located outside of the city limits so no S-T-R license required - which makes this the perfect nightly or long term rental!

Multi-Family Active

Price

^$ 555,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,460

Style

Traditional

Lot Size

0.16

Year Built

2003

Town/City

Hot Springs

County/Region

Garland

MLS | Web ID

23035077

Features

General

Interior Features Washer-Stays Dryer-Stays Balcony/Loft Closet - Walk In Fan - Ceiling Furnished

Heating Central Cool-Electric

Utilities Sewer-Public Water-Public Electric-Municipal

Roof Composition

Garage Parking Pads

Exterior Features Partially Fenced Deck Patio

Zoning Residentia

Year Built 2003

Tenant Pays None

Subdivision Houser-Bandy

Style Traditional

Stories Two Story

County Garland

Class Multi-Family

Type Duplex

Inside City Limits No

Status Take Backups

Docs on File None

Directions Take the Airport Rd. exit off the Bypass. At the intersection of Adcock Rd. and Majestic Lodge take a right. Follow Majestic Lodge as it turns right - Duplex is on the right and it is the 2nd build

High School Lake Hamilton

City Hot Springs

Street Name Majestic Lodge

Elementary School Lake Hamilton

Middle School Lake Hamilton

DOM 176

Price Per Sq Ft 184.75

Coming Soon The lake is waiting for you! Incredible Investment Opportunity on Lake Hamilton. This waterfront duplex has 3 bedrooms and 3 baths in each unit. Both units have been beautifully updated and decora

Exterior

Exterior Frame Metal/Vinyl Siding

Road Surface Paved

Waterfront Cove Year Round Creek

Foundation Crawl Space

Lake Name Hamilton

Lot Size Area 0.16

Lake Yes

Lot Dimensions 1007

Lot Sloped Lake View Lake Front Waterfront

Interior

Floors Tile Vinyl

Total Number of Units 2

1 Bed Units 0

2 Bed Units 0

3 Bed Units 2

* Excluded Features

List By

Jennifer Eubanks

Listing Agent

White Stone Real Estate

Broker

realtorjeneubanks@gmail.com

Affordability Calculator

$4,082

Per Month

Monthly Principal & Interest: $3,877
Monthly Property Taxes: $205
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 ^$505,200

Percent of Sale Price 9%

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.

886650 Elementary School

886308 Middle School

Lake Hamilton High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/12/2024	$555,000	-4.15%	Price Down
1/27/2024	$579,000	-3.34%	Price Down
10/31/2023	$599,000		Listed Price

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400 Majestic Lodge Road, Hot Springs, AR, 71913 is a Multi-Family Home for sale at $555,000 with 3,004 sqft and a lot size of 0.16. 400 Majestic Lodge Road has 6 bedrooms, 6.0 baths, and was built in 2003. The property's zip code is 71913 which is in Hot Springs, AR

*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 5/3/2024.

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400 Majestic Lodge Road

Multi-Family Home for sale in Hot Springs, AR

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