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$525,000 For Sale

201 & 203 Parallel Street
Hot Springs, AR 71901

4 units | Multi Family Home
7405 sq ft lot - MLS# 24031804
Property Photo
1/25

Description

Two large duplexes just north of downtown Hot Springs! Four separate units in total, each with two bedrooms and one bathroom. All four units are permitted as short term rentals with the City of Hot Springs; however, two of the units are currently rented on a month-to-month basis at $1,300/mo. each. The units are being sold fully furnished, which makes this a turnkey rental property. The property has great rental history and is very popular with guests due to its location near the bike trails and downtown Hot Springs. Lots of historic charm as well!

Features

  • Property Type: Multi Family Home
  • Sub Type: Duplex
  • Listing Status: Active
  • County/Area: Garland County
  • Zip Code: 71901
  • Year Built: 1920
  • Subdivision/Neighborhood: Gantts
  • Elementary School: Hot Springs
  • Middle School: Hot Springs
  • High School: Hot Springs
  • Style: Townhouse
  • Stories: 2 Story
  • Units: 4 units
  • Lot Size: 7405 sq ft lot
  • Listing Office: Esq. Realty Group - Hot Springs
  • Zoning: Res Imp
  • 2br # Of Units: 2
  • Approx Lot Dimensions: 40'x92' & 40'x92'
  • Area Amenites: Fitness/Bike Trail, Fully Furnished
  • Ceiling: Tile
  • Exterior: Brick & Frame Combo
  • Exterior Features: Partially Fenced, Covered, Porch
  • Floors: Vinyl
  • Foundation: Crawl Space
  • Heating And Air Cond: Central Cool-Electric, Central Heat-Gas
  • Inside City Limits: Yes
  • Interior Features: Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Hot Water Heater-Gas, Hot Water Heater-Electric, Smoke Detector, Built Ins, Fan - Ceiling, Fireplace - Woodburning, Security System, Furnished
  • Junior High: Hot Springs
  • Kitchen Equipment: Free-Standing Stove, Microwave, Gas Range, Electric Range, Dishwasher, Refrigerator-Stays, Ice Maker Connection
  • Lot: Level, Cleared, In Subdivision
  • Parking: Parking Pads
  • Road Surface: Paved
  • Roof: Architectural Shingle
  • Source Of Square Feet: Courthouse
  • Tenant Expenses: Other (See Remarks)
  • Utilities: Sewer-Public, Water-Public, Electric-Municipal, Gas-Natural
  • Walls: Wood
Courtesy of Esq. Realty Group - Hot Springs
Source: Cooperative Arkansas REALTORS® MLS, Inc.

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Testimonials

In all our dealings with Realtors over the past ten years, we have never met anyone as helpful and energetic as you have been. Without hesitation, we would highly recommend your service to anyone who is looking for an experienced Realtor who cares about getting things done and doing them right! Thanks for taking such good care of us, we couldn't have done it without you! John and Rhonda Robinson
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4832 Central Ave   Hot Springs, AR  71913   501-525-4178
Office: hotspringsrealty.com

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