500 Burchwood Bay
Hot Springs, AR 71913

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Description

Prime Location | Fully Renovated | Four Turnkey Income-Producing Units Seize this rare opportunity to own a fully furnished, income-generating four-unit property in a high-visibility location directly across from Sam's Pizza. With modern renovations, separate STR licenses, and immediate rental income, this property checks every box for savvy investors. Each unit has been meticulously updated with stylish finishes and thoughtful design, offering a seamless blend of comfort and durability. Being sold fully furnished, this is a true turnkey to generate revenue from day one! Property Highlights: 500A: Beautifully updated 1 Bedroom, 1 Bathroom 500B: Spacious, fully renovated efficiency unit 510A: Updated 2 Bedroom, 1 Bathroom with generous layout 510B: Fully modernized efficiency unit All four units maintain separate short-term rental licenses, providing exceptional flexibility for STR, mid-term, or long-term leasing strategies. The current owner has long-term tenants in place, delivering immediate and stable income while preserving future upside potential. If you're looking to expand your portfolio or secure a low-maintenance, high-demand rental property then look here!

Features

• Property Type: Multi Family Home
• Sub Type: PKG Single Family
• Listing Status: New Listing
• County/Area: Garland County
• Zip Code: 71913
• Year Built: 1960
• Subdivision/Neighborhood: Lackeys Lake Front #2
• Style: Traditional
• Stories: 1 Story
• Units: 4 units
• Lot Size: 15682 sq ft lot
• Listing Office: Crossroads Realty Group
• Zoning: Yes
• 1br # Of Units: 3
• 1br Maximum Rent: 1200
• 1br Minimum Rent: 1100
• 2br # Of Units: 1
• 2br Maximum Rent: 1500
• 2br Minimum Rent: 1250
• Approx Lot Dimensions: 15800
• Expenses Include: Utilities, Trash, None
• Exterior: Brick & Frame Combo
• Floors: Partial Carpet, Tile, Vinyl
• Foundation: Slab/Crawl Combination
• Heating And Air Cond: Central Cool-Electric, Central Heat-Electric
• Inside City Limits: Yes
• Kitchen Equipment: Free-Standing Stove
• Lot: Sloped
• Parking: Carport, Parking Pads
• Road Surface: Paved
• Roof: Composition
• Source Of Square Feet: Courthouse
• Tenant Expenses: Gas, Electric, Cable
• Utilities: Water-Public, Electric-Municipal, Gas-Natural