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538 Prospect

Hot Springs, AR 71901
  • $1,100,000
  • STATUS: Active
  • ON SITE: 69 Days
  • MLS #: 152798
UPDATED: 28 min ago
$1,100,000
  • 0
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,348
    SQFT
  • $173
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1910
County:
Area:

School Ratings & Info

School District:

Description

WELCOME TO HISTORIC PROSPECT MANOR. This Mediterranean Style Revival home offers 7 beautifully and meticulously renovated rental units. Located in the Quapaw/Prospect Historic District and just minutes from Bath House Row and hiking trails on West Mountain. This property offers a unique opportunity to live in one apartment and have immediate income from the others or use them all as income producing units. This historic renovation closely follows the Arkansas Heritage Foundation specifications and is a show piece to admire. From claw foot tubs, mosaic tiles, stained glass, antique light fixtures, and side board sinks, every corner offers another treasure to discover. The renovations include everything from the roof to the foundation. Including plumbing, wiring, shingles and roof decking, wood and tile flooring, windows, paint, custom cabinets, appliances, HVAC, tubs/showers, 2nd floor laundry with 2 new stackable units. Each unit has high ceilings, new appliances and period appropriate fixtures. A state-of-the-art fire suppression system was installed ($100k expense), and includes a monitored fire alarm system and sprinklers inside all units, common spaces, and storage areas. Currently rent covers all utilities including internet. Off-street parking behind the building allows for ease of access to your upstairs units. No historic renovation in Hot Springs rivals this one, and now the home is positioned to last another century as part of this great city.

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www.lakehamiltonlakehomes.com/homes/168601520
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538 Prospect Hot Springs, AR 71901

  • Price: $1,100,000
  • Status: Active
  • On Site: 69 Days
  • Updated: 28 min ago
  • MLS #: 152798
0
Beds
0
Baths
0
½ Baths
0.33
Acres
6,348
SQFT
$173
$/SQFT
1910
Built
Neighborhood:
Hsr Blk 101
County:
Garland
Area:
Hot Springs
School District:
Hot Springs
Property Description
WELCOME TO HISTORIC PROSPECT MANOR. This Mediterranean Style Revival home offers 7 beautifully and meticulously renovated rental units. Located in the Quapaw/Prospect Historic District and just minutes from Bath House Row and hiking trails on West Mountain. This property offers a unique opportunity to live in one apartment and have immediate income from the others or use them all as income producing units. This historic renovation closely follows the Arkansas Heritage Foundation specifications and is a show piece to admire. From claw foot tubs, mosaic tiles, stained glass, antique light fixtures, and side board sinks, every corner offers another treasure to discover. The renovations include everything from the roof to the foundation. Including plumbing, wiring, shingles and roof decking, wood and tile flooring, windows, paint, custom cabinets, appliances, HVAC, tubs/showers, 2nd floor laundry with 2 new stackable units. Each unit has high ceilings, new appliances and period appropriate fixtures. A state-of-the-art fire suppression system was installed ($100k expense), and includes a monitored fire alarm system and sprinklers inside all units, common spaces, and storage areas. Currently rent covers all utilities including internet. Off-street parking behind the building allows for ease of access to your upstairs units. No historic renovation in Hot Springs rivals this one, and now the home is positioned to last another century as part of this great city.
Exterior Features

Lot LevelSloped Roof Metal

Interior Features

Heating Air Conditioning Central Cool-ElectricCentral Heat-Gas Interior Features Dryer Connection-GasSmoke DetectorWasher Connection Kitchen Equipment Built-In StoveDishwasherMicrowaveRefrigerator Stays Stories Two Story

Property Features

1br Number Of Units 6 2br Number Of Units 1 3br Number Of Units 0 Additional Frequency None Addtl Assoc Condo Fee 0 Approx Lot Size 14201 Association Condo Fee 0 Energy Features Insulated Windows Estimated Annual Taxes 2039 Frequency None Possession At Closing Road Surface Paved Sale Rent For Sale Style Colonial Tax Year 2024 Tenant Expenses Other (See Remarks) Type Apartment Utilities Sewer-PublicWater-Public Will Subdivide YN No

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