201 & 203 Parallel Street
Hot Springs, AR 71901

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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 Addition
• School District: Hot Springs
• Sq.Ft.: 3,832 sq ft
• Style: Townhouse
• Stories: 2 Story
• Units: 4 units
• Basement: Other (See Remarks)
• Lot Size: 7405 sq ft lot
• Waterfront: Creek, Other (See Remarks)
• 2br # Of Units: 4
• Approx Lot Size: 40'x92' & 40'x92'
• Area Amenities: Fitness/Bike Trail, Fully Furnished
• Ceiling: Tile
• Directions: From Central Ave., Turn On Pullman Ave, Right On Parallel St.
• Estimated Annual Taxes: 2500
• Exterior: Brick & Frame Combo
• Exterior Features: Partially Fenced, Porch, Covered
• Floors: Vinyl
• Foundation: Crawl Space
• Heating/Air Conditioning: Central Cool-Electric, Central Heat-Gas
• Interior Features: Dryer Connection-Electric, Dryer Stays, Hot Water Heater-Electric, Hot Water Heater-Gas, Smoke Detector, Washer Connection, Washer-Stays, Security System, Built-Ins, Fan-Ceiling, Furnished, Fireplace - Woodburning
• Kitchen Equipment: Dishwasher, Electric Range, Free-Standing Stove, Gas Range, Ice Maker Connection, Microwave, Refrigerator Stays
• Lot: Cleared, In Subdivision, Level
• Road Surface: Paved
• Roof: Architectural Shingle
• Source Of Square Feet: Courthouse
• Tenant Expenses: Other (See Remarks)
• Utilities: Electric-Entergy, Gas-Natural, Sewer-Public, Water-Public
• Walls: Wood