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121 Second Street, Hot Springs, AR 71913

$399,999
  • 121 Second Street, Hot Springs, AR 71913 Main Photo

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Active
BEDS0 BATHS SQUARE FEET4,610 MLS#26032437
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONSouth Hot Springs NEIGHBORHOODHOT SPRINGS SCHOOL DISTRICT

Property Description

A fresh start for a money-producing gem! This centrally located six-unit apartment building has been thoughtfully remodeled and offers investors an excellent opportunity to step into a property where the major updates have already been tackled. Electrical and plumbing have been updated, along with a new roof, new windows, and replacement of most doors throughout the building. The main level features two identical units, each offering 1???2 bedrooms depending on configuration and use, plus one full bath. Upstairs are two additional 1-bedroom, 1-bath units, while the basement level provides two more 1-bedroom, 1-bath units. Each apartment is separately metered for electricity, providing straightforward utility management for ownership. With six units and extensive improvements already completed, convenient central location, this property has risen from the ashes. Whether you're expanding your rental portfolio or looking for an investment with multiple income-producing units under one roof, this one deserves a serious look. The heavy lifting has been done???now it's time to put this gem to work!

121 Second Street | MLS# 26032437

This multi-family property located at 121 Second Street, Hot Springs, AR 71913 is currently listed for sale with an asking price of $399,999. Search Hot Springs School District real estate on www.clhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Window Units
Heating: Space Heater
Home Style: Bungalow/Cottage, Tudor
Lot Size: 0.08 acre(s)
Roof Type: Architectural Shingle
Stories: 3.0
Taxes: $1,300
Year Built: 1946

Amenities

Hot Water Heater-Gas
Guttering

Feature Descriptions

Appliance(s)/Kitchen Equipment: Free-Standing Stove, Refrigerator-Stays
Days on Site: 8
Expenses Include: Taxes, Insurance, Maint./Lawn Care, Utilities, Trash, Gas, Water/Sewer, Pest Control
Exterior: Brick
Lot Dimensions: 0.08 acre(s)
Number of 1 Bathroom Unit(s): 6
Number of 1 Bedroom Unit(s): 4
Number of 2 Bedroom Unit(s): 2
Parking Notes: None
Sewer: Public Sewer
Units: 6
Water: Public Water

Local Schools

High School: Hot Springs
Middle School: Hot Springs
Elementary School: Hot Springs

Listed By / Shown By

Listed By

Agency Name: Rix Realty Advantage Team Realtors
Agency Phone: 501-205-1900

Shown By

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

IDX logo

Source: Arkansas MLS

Estimate Your Payment

Estimated Payment

$ 1,115.23 per month $890.23 Principal & Interest $108.33 Property Tax $116.67 Homeowner's Insurance

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