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118 Garland Avenue, Hot Springs, AR 71913

$299,000
  • 118 Garland Avenue, Hot Springs, AR 71913 Main Photo

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Active
BEDS0 BATHS MLS#154902
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONDawers Sub NEIGHBORHOODHOT SPRINGS SCHOOLHot Springs

Property Description

Income-producing quadplex located in the heart of Hot Springs, AR. This multi-unit property features a total of four units, including three (3) 1-bedroom, 1-bath units and one efficiency unit, providing a versatile rental mix that appeals to a wide range of tenants. Each unit is separately metered for electricity, allowing tenants to cover their own electric usage, while gas and water are on a shared meter, helping simplify management and expenses. The property's layout and unit configuration make it ideal for both long-term rentals and potential short- to mid-term rental strategies, depending on investor goals. Conveniently located near downtown Hot Springs, this property offers easy access to local shopping, dining, entertainment, and area attractions, increasing its desirability and occupancy potential. Its central location and consistent rental demand make it a strong addition to any investment portfolio. Whether you are expanding your portfolio or entering the rental market, this quadplex offers solid income potential, a desirable location, and the opportunity to maximize returns with strategic management and rental optimization.

118 Garland Avenue | MLS# 154902

This multi-family property located at 118 Garland Avenue, Hot Springs, AR 71913 is currently listed for sale with an asking price of $299,000. Garland Avenue is located within the Hot Springs school district. Search Hot Springs real estate on www.clhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Lot Size: 0.16 Acres
Property Type: Four-Plex
Taxes: $666
Year Built: 1939

Feature Descriptions

Days on Site: 73
Lot Dimensions: 6750
Utilities: All Underground, Electric-Entergy, Water-Public

Local Schools

School District: Hot Springs

Listed By / Shown By

Listed By

Agency Name: Signature Homes Real Estate
Agency Phone: 501-359-3059

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

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Source: Hot Springs MLS

Estimate Your Payment

Estimated Payment

$ 808.15 per month $665.44 Principal & Interest $55.50 Property Tax $87.21 Homeowner's Insurance

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