AR > Hot Springs > Hsr Blk
Hot Springs, AR 71901,627 QUAPAW Avenue975
Hot Springs, AR 71901,627 QUAPAW Avenue975
Hot Springs, AR 71901,627 QUAPAW Avenue975
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Found It Team

Found It Team

+1(800) 790-7576
$425,000
Est. payment /mo
7 Beds
6 Baths
5,075 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Apartments

Listing Status Active

Purchase Type For Sale

Square Footage 5,075 sqft

Price per Sqft $83

Subdivision Hsr Blk

MLS Listing ID 25019140

Style Other (see remarks)

Bedrooms 7

Year Built 1930

Annual Tax Amount $1,767

Lot Size 0.310 Acres

Acres 0.31

Property Sub-Type Apartments

Property 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.

Location

State AR

County Garland

Area Hot Springs School District

Zoning RN-2

Rooms

Kitchen Free-Standing Stove, Other (see remarks)

Interior

Heating Window Units, Floor/Wall Furnace

Flooring Other (see remarks)

Equipment Free-Standing Stove, Other (see remarks)

Exterior

Exterior Feature Other (see remarks), Covered, Porch

Parking Features Other (see remarks)

Utilities Available Sewer-Public, Water-Public, Electric-Municipal, Gas-Natural

Roof Type Composition

Building

Lot Description Level, In Subdivision, Other (see remarks)

Foundation Slab/Crawl Combination

New Construction No

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Listed by Hot Springs 1st Choice Realty • Andrea L Marks
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