10% CAP RATE Incredible find for 2 single family homes on one tax roll! Can not divide, rent both or live in one and rent the other! Existing seller has redone both homes from the foundation to the roofs. Tenant occupied in the 2 bedroom 1 bath (891 sq ft) and the 3 bedroom 2 bath (1213 sq ft). ALL ELECTRIC conversion. Gas lines present and not in use for energy savings for the quality tenants. Corner lot, near downtown amenities, Wal-Mart, bus route and best of all it is located up again West Mountain with access to walking trails! Income is over $2100.00 monthly currently.
Listed By
Agency Name: McGraw Realtors HSV
Agency Phone: 501-922-0707
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 576.45 per month $509.65 Principal & Interest $0.00 Property Tax (data not provided by mls) $66.79 Homeowner's InsuranceCrye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 3,200+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
1818 & 1820 Hobson Avenue | MLS# 25045633
This multi-family property located at 1818 & 1820 Hobson Avenue, Hot Springs, AR 71913 is currently listed for sale with an asking price of $229,000. Search Hot Springs School District real estate on www.clhomes.com today.