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201 & 203 Parallel Street

Hot Springs, AR 71901
  • $499,900
  • STATUS: Active
  • ON SITE: 495 Days
  • MLS #: 147799
Price Reduced
UPDATED: 112 min ago
$499,900
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,832
    SQFT
  • $130
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:
Area:

School Ratings & Info

School District:

Description

Two large duplexes just north of downtown Hot Springs! Four separate units in total, each with two bedrooms and one bathroom. All four units are permitted as short term rentals with the City of Hot Springs; however, two of the units are currently rented on a month-to-month basis at $1,300/mo. each. The units are being sold fully furnished, which makes this a turnkey rental property. The property has great rental history and is very popular with guests due to its location near the bike trails and downtown Hot Springs. Lots of historic charm as well!

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www.lakehamiltonlakehomes.com/homes/156333763
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201 & 203 Parallel Street Hot Springs, AR 71901

  • Price: $499,900
  • Status: Active
  • On Site: 495 Days
  • Updated: 112 min ago
  • MLS #: 147799
0
Beds
0
Baths
0
½ Baths
0.17
Acres
3,832
SQFT
$130
$/SQFT
1920
Built
Neighborhood:
Gantts Addition
County:
Garland
Area:
Hot Springs
School District:
Hot Springs
Property Description
Two large duplexes just north of downtown Hot Springs! Four separate units in total, each with two bedrooms and one bathroom. All four units are permitted as short term rentals with the City of Hot Springs; however, two of the units are currently rented on a month-to-month basis at $1,300/mo. each. The units are being sold fully furnished, which makes this a turnkey rental property. The property has great rental history and is very popular with guests due to its location near the bike trails and downtown Hot Springs. Lots of historic charm as well!
Exterior Features

Exterior Brick & Frame Combo Exterior Features Partially FencedPorchCovered Foundation Crawl Space Lot ClearedIn SubdivisionLevel Roof Architectural Shingle

Interior Features

Basement Other (See Remarks) Ceiling Tile Floors Vinyl Heating Air Conditioning Central Cool-ElectricCentral Heat-Gas Interior Features Dryer Connection-ElectricDryer StaysHot Water Heater-ElectricHot Water Heater-GasSmoke DetectorWasher ConnectionWasher-StaysSecurity SystemBuilt-InsFan-CeilingFurnishedFireplace - Woodburning Kitchen Equipment DishwasherElectric RangeFree-Standing StoveGas RangeIce Maker ConnectionMicrowaveRefrigerator Stays Stories Two Story Walls Wood

Property Features

1br Number Of Units 0 2br Number Of Units 4 3br Number Of Units 0 Approx Lot Size 40'x92' & 40'x92' Area Amenities Fitness/Bike TrailFully Furnished Estimated Annual Taxes 2500 Possession At Closing Road Surface Paved Sale Rent For Sale Style Townhouse Tenant Expenses Other (See Remarks) Type Duplex Utilities Electric-EntergyGas-NaturalSewer-PublicWater-Public Waterfront CreekOther (See Remarks) Will Subdivide YN No

 
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Rachelle McClard | Lake Homes Realty
250 Ledgerwood Rd Apt 15
Hot Springs AR, 71913