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$549,500 New For Sale

500 Burchwood Bay
Hot Springs, AR 71913

Multi Family Home
15682 sq ft lot - MLS# 154162
Property Photo
1/50

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 investment—ready 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. Whether you're looking to expand your portfolio or secure a low-maintenance, high-demand rental property in a prime setting, this opportunity is not to be missed. Schedule your private showing today and step into a fully operational investment from day one.

Features

  • Property Type: Multi Family Home
  • Sub Type: Lakefront Duplex
  • Listing Status: Active
  • County/Area: Garland County
  • Zip Code: 71913
  • Year Built: 1960
  • Subdivision/Neighborhood: Lackeys 3rd Lf
  • School District: Hot Springs
  • Lot Size: 15682 sq ft lot
  • Waterfront: Yes
  • 1br # Of Units: 3
  • 2br # Of Units: 1
  • Approx Lot Size: 15800
  • Directions: Orange Street To Right Oncentral Then Right Onburchwood Bay To Propertieson The Righ
  • Tenant Expenses: Gas, Electric
  • Utilities: Electric-Entergy, Gas-Natural, Sewer-Public, Water-Public
Courtesy of Crossroads Realty Group
Source: Hot Springs Board of REALTORS®

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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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