231 Oak Street
Hot Springs, AR 71901

Tools & Resources:

Description

Income-Producing STR — Licensed and Operational. Secure one of the limited short-term rental licenses available in the city and step into an active, licensed VRBO with income generation starting immediately after closing. No startup delays, no permitting risk. Located near downtown with walkable access to high-traffic attractions including laser tag and go-karts, this property benefits from consistent guest demand. The home was fully remodeled in 2020, with additional furnishings added in 2023—all conveying with the sale—allowing for a true turnkey acquisition. Operating as the “Rose House, ” the property shows solid historical performance and is positioned for improved returns. The asset offers a low basis relative to replacement cost—making it attractive for both cash flow and long-term hold strategies. Licensed STRs at this price point are scarce. Act quickly.

Features

• Property Type: Single Family Home
• Sub Type: Detached
• Listing Status: Active
• County/Area: Garland County
• Zip Code: 71901
• Year Built: 1926
• Subdivision/Neighborhood: Hsr Blk
• Sq.Ft.: 1,349 sq ft
• Style: Craftsman
• Stories: 1 Story
• Bedrooms: 3 Bedrooms Same Level
• Full Baths: 2
• Fireplace: Decorative/Non-Functional
• Lot Size: 4792 sq ft lot
• Listing Office: Crossroads Realty Group
• Baths: 2
• Approx Lot Dimensions: 52x100
• Dining: Separate Dining Room
• Exterior: Brick & Frame Combo
• Floors: Carpet, Wood, Vinyl
• Foundation: Crawl Space
• Heat & Air: Central Cool-Electric, Central Heat-Electric
• Kitchen Equip: Free-Standing Stove, Gas Range
• Lot: Sloped
• Parking: Parking Pads
• Road Surface: Paved
• Roof: Architectural Shingle
• Source Of Sf: Courthouse
• Utilities: Sewer-Public, Water-Public, Elec-Municipal (+entergy), Gas-Natural