Views
Address
316 PARK Avenue Hot Springs, AR
Price
$ 598,000
Property Attributes
  • MLS#21015683
  • TypeMulti-Family
  • CountyGARLAND
  • CityHot Springs
  • AreaHot Springs National Park
  • NeighborhoodHSR BLK
  • Zip71901
  • StyleRanch,Victorian
  • Year Built1950
  • Taxes$ 3565
  • Price$ 598,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage10298
  • Lot Size1.9 Acres
Listing Provided Courtesy Of:
Progressive REALTORS, Inc.
Data Source:
Cooperative Arkansas REALTORS MLS
Property Description

THIS IS A INCOME PRODUCING PROPERTY IN THE HEART OF DOWNTOWN HOT SPRINGS. THE 18 EFFICIENCY UNITS AND 8-1 BEDROOM UNITS. THE VICTORIAN STYLE HOME OF 5295SF BUILT 1891 IN NEED OF REPAIR. THE ENTRY BUILDING BY THE HWY CAN BE USED FOR GUARD SHACK OR CIGARETTE STORE. THE 3-UNITS HOUSE KEEPING, STORAGE, MANAGERS OFFICE COULD BE CHANGED TO INCOME PRODUCING PROPERTY. ERNEST MONEY WILL BE REQUIRED WITH OFFERS. THERE ARE ADDITIONAL EXPENSES $150 X 12MO.=$1800YR DUMPSTER, CABLE BILL $330MO X 12 MO=3960 PER YEAR.

Elementary School Middle School High School
Hot Springs Elementary School Hot Springs Middle School Hot Springs High School
Price History
5/22/2021 Listed $598,000

General Features

Addtl HOA Fee Freq None
Area Amenites Manager Office
Basement None
Class Multi-Family
Elementary School Hot Springs
Exterior Features Dumpster, Porch
Garage None
Heating Space Heater-Electric, Window Units
High School Hot Springs
Inside City Limits Yes
Interior Features Dryer Connection-Electric, Smoke Detector, Washer Connection
Listing Area HOT SPRINGS NATIONAL PARK
Middle School Hot Springs
New Construction? No
Price Per Sq Ft 58.07
Roof Metal
Showing Instructions 24 Hour Notice, By Appointment Only, Call Listing Office/Agent, Mask Required, Tenant Occupied
Status Active
Status Active
Stories One Story, Two Story
Style Ranch, Victorian
Subdivision HSR BLK
Tenant Pays None
Type Apartments
Utilities Electric-Municipal, Sewer-Public, TV-Cable, Water-Public
Warranty As-Is, Prsnt Cnd at Clsng
Year Built 1950
Zoning MULTI-FAMI

Interior Features

1 Bed Units 8
Approx Bldg. Sqft 10298
Ceiling Sheet Rock
Floors Tile
Kitchen Equipment Refrigerator-Stays
Total Number of Units 29
Walls Sheet Rock

Exterior Features

Exterior Brick & Frame Combo, Stone
Foundation Slab
Lot Cleared, Extra Landscaping, In Subdivision, Level, Mountain View
Lot Dimensions 243' X342'
Lot Size Area 1.9
Road Surface Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 71901

Price
AVG $380K
$600K
Taxes
AVG $2,315
$3,565
Visits
AVG 11
7
Year Built
AVG 1948
1950

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