1003 W Grand Avenue
Hot Springs, AR 71901

Tools & Resources:

Description

Turnkey short-term rental investment just one mile from both downtown Hot Springs and Oaklawn Racing Casino Resort. This beautifully remodeled duplex offers two complete units, each featuring 2 bedrooms and 1 bath, with two separate living areas and two separate kitchens. Both units are being sold fully furnished and include two short-term rental permits that will convey to the buyer, making it a seamless transition for investors. The units can be rented separately or together as one large unit. The home has a spacious layout, modern finishes, and a large rear deck. Zoned CTR (Commercial Transitional), this property combines flexibility with convenience in one of Hot Springs' most desirable rental corridors. Whether you continue operating as a profitable short-term rental, explore long-term leasing, or reimagine its future, this duplex is a rare opportunity to own a fully equipped, income-producing property in the heart of town.

Features

• Property Type: Multi Family Home
• Sub Type: Duplex
• Listing Status: Active
• County/Area: Garland County
• Zip Code: 71901
• Year Built: 1945
• Subdivision/Neighborhood: South Hot Spgs
• School District: Hot Springs
• Sq.Ft.: 2,011 sq ft
• Stories: 1 Story
• Units: 2 units
• Zoning: C-TR C-Trans District, CTR
• 1ba # Of Units: 2
• 2br # Of Units: 2
• Approx Lot Size: 50' X 140'
• Directions: From Central Avenue, Turn On W. Grand Ave
• Estimated Annual Taxes: 1402
• Exterior: Brick & Frame Combo
• Exterior Features: Deck, Partially Fenced
• Floors: Tile, Vinyl
• Foundation: Crawl Space
• Garage/Parking: Parking Pads
• Interior Features: Dryer Stays, Smoke Detector, Washer-Stays, Furnished
• Kitchen Equipment: Free-Standing Stove, Refrigerator Stays
• Road Surface: Paved
• Roof: Composition
• Source Of Square Feet: Courthouse
• Tenant Expenses: Other (See Remarks)
• Utilities: Other (See Remarks)