Average square foot calculated using Size range provided by listing agent.
Description
Introducing an exceptional opportunity in the historic district in Hot Springs, a fully occupied and well maintained three story, multifamily building within walking distance to downtown where entertainment, dining & shopping options abound. The charming apartment building offers six units, which comprise five one-bedroom and one two-bedroom apartments. Some recent updates worth mentioning include electrical, plumbing, paint, appliances and expansive back porches on the upper floors. The enticing investment offers a gross income of $4, 330 a month with the potential to generate more. The owner currently manages utilities including electricity, gas, and water, ensuring a hassle-free experience for tenants. A substantial parking area at the rear gives ample space for residents, which is a coveted amenity in this bustling area. Please respect the privacy of the current residents by not visiting the property unannounced. The tenants, with the exception of one, have been there over a year, and some over five years. This building promises to be a cornerstone in any real estate collection. Don't let this opportunity be the one that got away. Contact agent for more information.Show Description
MLS® Number25019140
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
ExteriorOther (see remarks), Covered, Porch
GarageNo
Approx. Age1930
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatFloor/Wall Furnace
A/CWindow Units
Heating Fuel
Extras
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