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$549,500 For Sale

500 Burchwood Bay
Hot Springs, AR 71913

4 units | Multi Family Home
15682 sq ft lot - MLS# 153475
Property Photo
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Description

Prime Location with Four Furnished and Updated Units! Discover the perfect investment opportunity with these meticulously renovated units located across from Sam's Pizza. Each unit boasts modern upgrades, making them ideal for short or long-term rentals. 500A: Completely Updated 1 Bed, 1 Bath, 500B: Fully Renovated Large Efficiency Unit, 510A: Updated 2 Bed, 1 Bath, 510B: Fully Modernized Efficiency Unit. Experience the convenience of turnkey living with all furnishings included at the listing price. Every detail has been carefully curated for your comfort. All 4 separate STR license. Owner currently has long term tenants. Don't miss out on this exceptional opportunity! Call now to schedule a private showing.

Features

  • Property Type: Multi Family Home
  • Sub Type: Pkg-Single Family
  • Listing Status: Active
  • County/Area: Garland County
  • Zip Code: 71913
  • Year Built: 1960
  • Subdivision/Neighborhood: Lackeys 3rd Lf
  • School District: Hot Springs
  • Sq.Ft.: 3,872 sq ft
  • Stories: 1 Story
  • Units: 4 units
  • Lot Size: 15682 sq ft lot
  • 1br # Of Units: 3
  • 2br # Of Units: 1
  • Annual Expenses: 8684
  • Annual Income: 55716
  • Approx Lot Size: 15800
  • Area Amenities: Picnic Area, Barbecue Grill
  • Directions: Orange Street To Right On Central Then Right On Burchwood Bay To Properties On The Right
  • Kitchen Equipment: Built-In Stove, Refrigerator Stays
  • Lot: Corner Lot, Lake View, River/Lake Area
  • Net Income: 41460
  • Road Surface: Paved
  • Roof: Composition
  • Tenant Expenses: Gas, Cable, Electric
  • Utilities: Electric-Entergy, Gas-Natural, Sewer-Public, TV-Cable, Water-Public
Courtesy of Rainbow Realty Inc
Source: Hot Springs Board of REALTORS®

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Testimonials

In all our dealings with Realtors over the past ten years, we have never met anyone as helpful and energetic as you have been. Without hesitation, we would highly recommend your service to anyone who is looking for an experienced Realtor who cares about getting things done and doing them right! Thanks for taking such good care of us, we couldn't have done it without you! John and Rhonda Robinson
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4832 Central Ave   Hot Springs, AR  71913   501-525-4178
Office: hotspringsrealty.com

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