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$480,000 For Sale

105 & 109 Alcorn Street
Hot Springs, AR 71901

4 units | Multi Family Home
11761 sq ft lot - MLS# 25050012
Property Photo
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Description

Investors take notice. This listing includes 2 duplexes adjacent to one another and the parking lot next door. Completely remodeled in 2022. Each are 2 bedroom, 1 bath units. All units have their own laundry. There is parking pads for each unit. There is a common back yard. These units have previously been utilized as short term rentals. With the current zoning there is a possibility the permits may be obtainable for future use. Located across from the Majestic Park. All units are currently rented for $1,200 a month. Some have previously rented for $1,500. Situated between bathhouse row and Oaklawn. Appointments required. Please do not disturb tenants.

Features

  • Property Type: Multi Family Home
  • Sub Type: Fourplex
  • Listing Status: Active
  • County/Area: Garland County
  • Zip Code: 71901
  • Year Built: 1930
  • Subdivision/Neighborhood: Morrison & Belding
  • Elementary School: Hot Springs
  • Middle School: Hot Springs
  • High School: Hot Springs
  • Style: Traditional
  • Stories: 1 Story
  • Units: 4 units
  • Lot Size: 11761 sq ft lot
  • Listing Office: Evermark Realty Group, Inc.
  • Zoning: CTR
  • 2br # Of Units: 4
  • 2br Maximum Rent: 1500
  • 2br Minimum Rent: 1200
  • Annual Expenses: 5000
  • Annual Income: 57600
  • Approx Lot Dimensions: 137x90
  • Ceiling: Sheet Rock
  • Energy Features: Insulated Windows, Insulated Doors, Attic Vent-Turbo
  • Expenses Include: Insurance, Maint./Lawn Care
  • Exterior: Metal/Vinyl Siding
  • Exterior Features: Partially Fenced, Wood Fence
  • Floors: Luxury Vinyl
  • Foundation: Crawl Space
  • Heating And Air Cond: Mini Split
  • Inside City Limits: Yes
  • Interior Features: Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Breakfast Bar, Fan - Ceiling, Furnished
  • Junior High: Hot Springs
  • Kitchen Equipment: Free-Standing Stove, Electric Range, Dishwasher, Refrigerator-Stays
  • Lease Type: Monthly
  • Lot: Sloped, In Subdivision
  • Parking: Parking Pads, One Car, Assigned
  • Road Surface: Paved
  • Roof: Composition
  • Source Of Square Feet: Tax Records
  • Tenant Expenses: All Utilities
  • Utilities: Sewer-Public, Water-Public, Electric-Municipal
  • Walls: Sheet Rock
Courtesy of Evermark Realty Group, Inc.
Source: Cooperative Arkansas REALTORS® MLS, Inc.

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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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