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$160,000 Active - Contingent

524 Hollywood
Hot Springs, AR 71901

2 units | Multi Family Home
13939 sq ft lot - MLS# 154864
Property Photo
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Description

Prime Investment Opportunity near Oaklawn! Looking for a property with immediate rental income and upside potential? This duplex is perfectly situated very close to Oaklawn Racing Event Center and Casino, Hollywood Park, Hot Springs Bark Park, and is convenient to many dining and shopping options! Roof is only 2 years old. Side "A" is a 1/1 updated with energy-efficient windows, new mini-split AC/Heating, granite countertops, and fresh flooring throughout. It rents for $1000 month all bills included. Side "B" is a 2/1 unit that needs updating, offering a fantastic opportunity to build "sweat equity" and customize the space to maximize your return on investment. It currently rents for $750 all bills included. The duplex is on one meter. For those looking to expand their footprint, 2 adjacent lots are available separately for an additional price.

Features

  • Property Type: Multi Family Home
  • Sub Type: Duplex
  • Listing Status: Active - Contingent
  • County/Area: Garland County
  • Zip Code: 71901
  • Year Built: 1958
  • Subdivision/Neighborhood: Fairdale Add.
  • School District: Hot Springs
  • Sq.Ft.: 1,708 sq ft
  • Units: 2 units
  • Lot Size: 13939 sq ft lot
  • 1ba # Of Units: 2
  • 1br # Of Units: 1
  • 1br Minimum Rent: 1000
  • 2br # Of Units: 1
  • 2br Minimum Rent: 750
  • Approx Lot Size: 100x140
  • Directions: From Grand & Central Go South On Central Ave To Trivista St. Turn Left On Trivista Then Stay Right To Trivista Right St. Follow To Talisman And Turn Right On Talisman. Follow To Hollywood Ave On The Left. Turn Left On Hollywood To 524 Hollywood Ave.
  • Utilities: Electric-Entergy, Other (See Remarks), Sewer-Public, Water-Public
Courtesy of Esq. 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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