1221 & 1221-1/2 Georgia Street
Malvern, AR 72104

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Description

Rare 3-Unit Investment Opportunity! 1221 Georgia Street Income-producing property featuring three rental units sold together — a rare opportunity for investors or owner-occupants seeking multiple income streams in one location! This unique property includes a duplex offering a spacious 1 bedroom, 1 bath downstairs unit and a 2 bedroom, 1 bath upstairs unit, plus a beautifully remodeled 1,760 sq ft single-family home featuring 3 bedrooms and 2 bathrooms with an open, inviting layout perfect for comfortable living. Extensive updates throughout the property include new windows, flooring, appliances, hot water heater, roof, and more, creating a truly turnkey investment ready for immediate occupancy and rental income. The property also includes an adjoining corner lot, providing excellent potential for expansion — build another home, add a shop, or create additional outdoor space to further increase value and income potential. With multiple units, strong rental appeal, and future development possibilities, this is a great investment opportunity with excellent income potential. Properties like this are hard to find — don't miss your chance to own this exceptional multi-unit property

Features

• Property Type: Multi Family Home
• Sub Type: Duplex
• Listing Status: New Listing
• County/Area: Hot Spring County
• Zip Code: 72104
• Year Built: 1965
• Subdivision/Neighborhood: McHenry 2nd
• Style: Country
• Stories: 2 Story
• Units: 3 units
• Lot Size: 8712 sq ft lot
• Listing Office: Stafford Realtors
• Zoning: R1
• 1br # Of Units: 1
• 1br Maximum Rent: 750
• 1br Minimum Rent: 750
• 2br # Of Units: 1
• 2br Maximum Rent: 750
• 2br Minimum Rent: 750
• 3br # Of Units: 1
• 3br Maximum Rent: 1650
• 3br Minimum Rent: 1650
• Annual Expenses: 2346
• Annual Income: 37200
• Approx Lot Dimensions: 145 X 157
• Expenses Include: Taxes, Insurance
• Exterior: Brick, Metal/Vinyl Siding
• Floors: Vinyl
• Foundation: Slab/Crawl Combination
• Heating And Air Cond: Central Cool-Electric, Central Heat-Electric, Heat Pump
• Inside City Limits: Yes
• Kitchen Equipment: Electric Range
• Lot: Level
• Parking: Four Car Or More
• Road Surface: Paved
• Roof: Architectural Shingle
• Source Of Square Feet: Courthouse, Measurements
• Tenant Expenses: All Utilities
• Utilities: Sewer-Public, Water-Public, Electric-Municipal, Gas-Natural