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812 Shady Heights Road

Hot Springs, AR 71901
  • $635,000
  • STATUS: Active
  • ON SITE: 20 Days
  • MLS #: 153637
UPDATED: 37 min ago
$635,000
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,360
    SQFT
  • $467
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1985
County:
Area:

School Ratings & Info

School District:

Description

Prime multifamily investment opportunity in the highly desirable Lakeside School District. This three-duplex portfolio (six total doors) is back on the market following seller requested cosmetic updates, offering a refreshed look, improved condition, and pricing aligned with current market value. Each 2 bedroom, 1 bathroom unit features granite countertops, stainless steel appliances, and a solid long term rental history, making this a low-maintenance, income producing asset ideal for both new and seasoned investors. Tenants pay all utilities, enhancing cash flow and simplifying management. The properties: 812 Shady Heights, 101 & 367 Lance Circle, are clustered together in Lakeside School District, just minutes from shopping, dining, and Lake Hamilton, supporting strong tenant demand and long-term appreciation. Additional upside includes extra land with potential to add another duplex (buyer to verify), creating future expansion and increased returns. 1031 Exchange friendly. Seller is offering a $5,000.00 buyer credit at closing, applicable toward an interest-rate buy-down, discount points, or other lender approved closing costs, subject to loan guidelines.

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www.lakehamiltonlakehomes.com/homes/171562254
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812 Shady Heights Road Hot Springs, AR 71901

  • Price: $635,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 37 min ago
  • MLS #: 153637
0
Beds
0
Baths
0
½ Baths
0.3
Acres
1,360
SQFT
$467
$/SQFT
1985
Built
Neighborhood:
Lake Town
County:
Garland
Area:
Lakeside
School District:
Lakeside
Property Description
Prime multifamily investment opportunity in the highly desirable Lakeside School District. This three-duplex portfolio (six total doors) is back on the market following seller requested cosmetic updates, offering a refreshed look, improved condition, and pricing aligned with current market value. Each 2 bedroom, 1 bathroom unit features granite countertops, stainless steel appliances, and a solid long term rental history, making this a low-maintenance, income producing asset ideal for both new and seasoned investors. Tenants pay all utilities, enhancing cash flow and simplifying management. The properties: 812 Shady Heights, 101 & 367 Lance Circle, are clustered together in Lakeside School District, just minutes from shopping, dining, and Lake Hamilton, supporting strong tenant demand and long-term appreciation. Additional upside includes extra land with potential to add another duplex (buyer to verify), creating future expansion and increased returns. 1031 Exchange friendly. Seller is offering a $5,000.00 buyer credit at closing, applicable toward an interest-rate buy-down, discount points, or other lender approved closing costs, subject to loan guidelines.
Exterior Features

Exterior Metal/Vinyl Siding Foundation Slab Lot In Subdivision Roof Architectural Shingle

Interior Features

Basement None Ceiling Sheet Rock Floors Laminate Garage NoneParking PadsTwo Car Heating Air Conditioning Central Cool-ElectricCentral Heat-Electric Kitchen Equipment Free-Standing StoveMicrowaveRefrigerator Stays Stories One Story Walls Sheet Rock

Property Features

1br Number Of Units 0 2br Minimum Rent 980 2br Number Of Units 6 3br Number Of Units 0 Approx Lot Size 13200 Estimated Annual Taxes 1153.88 Lease Type Monthly Road Surface Paved Sale Rent For Sale Style Traditional Tax Year 2025 Tenant Expenses All Utilities Type Duplex Utilities Electric-EntergyWater-Public Warranty Normal Wrkng OrdrAs O&A Will Subdivide YN No

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