14
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$339,000
Est. payment /mo
5,352 SqFt
Active
419 Spring Street Hot Springs, AR 72104
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Key Details
Property Type Commercial
Sub Type Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 5,352 sqft
Price per Sqft $63
MLS Listing ID 25014529
Year Built 1900
Tax Year 2023
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Building and Land
Property Description
Discover a unique opportunity with this newly listed apartment complex in Hot Springs! Boasting 8 units, this property is a gem for investors seeking rental income in a prime location. Each of the 6 available units has 1 BR's & 1 BA. & that is 1-2BR., offering cozy and comfortable living spaces. Not to forget, one additional space is currently being used for storage but has the potential to be converted into another rentable unit, expanding your income possibilities. The entire building has recently had updates, including a new roof in 2024, Plumbing and electrical systems which have also been modernized as well. The location and the updated state itself create a compelling proposition. Whether you're looking to expand your real estate portfolio or stepping into the investment world, this apartment complex serves as an ideal cornerstone. Take advantage of this fresh-to-market property and set your sights on a promising future in the bustling environment of Hot Springs. Get ready to turn the key on a fantastic investment filled with potential and ready to generate revenue from day one.
Location
State AR
County Garland
Area Hot Springs School District
Exterior
Garage Spaces 1.0
Utilities Available Sewer-Public, Water-Public, Electric-Municipal
Roof Type Membrane
Building
Lot Description Sloped, Level
New Construction No
Listed by Trademark Real Estate, Inc. • Kim F Walker