Traditional, Colonial
314 & 316 Park Avenue
Hot Springs , AR 71901
MLS#: 24000247
$1,390,000

Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1950
Sq.Footage
10,298
An amazing income producing property in a prime location in the heart of Downtown Hot Springs is waiting for an investor to add it to their portfolio. 18 units feature an open floor plan with a private bathroom and 8 one-bedroom units. The large Victorian style home, built in 1891, is 5295 square feet and could be renovated back to her glory days. Entry building by the highway could be a guard shack, quick convenience store or a storage building. There are 3 units dedicated for housekeeping, storage and managers office, but they could be configured to income producing units as well. Owner requires earnest money with all offers and additional monthly expenses for cable and dumpster, can be supplied upon request. Call your agent today to schedule to see your next investment.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Window Unit(s)
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Features
Level, Sloped
-
Lot Size(acres)
1.9
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Traditional, Colonial
Price
-
Sales Price
$1,390,000
-
Tax Amount
5336.0
-
Zoning
Commercial
-
Sq. Footage
10, 298
-
Price/SqFt
$134
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Sewer
Public Sewer
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Location
County
Garland
Elementary School
Middle School
High School
Listing Courtesy of Ryan Hill , The Virtual Realty Group
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Branch Broker
DebbieNeal
Call Debbie today to schedule a private showing.

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