INVESTORS TAKE NOTICE! A total of 15 units (7 duplexes and 1 stand alone unit) situated right across the street from Hot Springs Family Park. The units are each 2 bedroom, 1.5 bath and have been fully occupied for years. A handful of the units have been recently remodeled. Units are separately metered and tenants pay all utilities. Area for covered parking. Current owner has kept rents low for years and has only recently started increasing rents to market rate as units turn over. Room to increase rents!
Type: Duplex
Multi-familyProperty Type
1984Year Built
1.2 acresLot Size
$72Price/Sq.Ft.
4 spacesParking
Listed by Beau Durbin• ESQ. Realty Group - Hot Springs
INVESTORS TAKE NOTICE! A total of 15 units (7 duplexes and 1 stand alone unit) situated right across the street from Hot Springs Family Park. The units are each 2 bedroom, 1.5 bath and have been fully occupied for years. A handful of the units have been recently remodeled. Units are separately metered and tenants pay all utilities. Area for covered parking. Current owner has kept rents low for years and has only recently started increasing rents to market rate as units turn over. Room to increase rents!
CARMLS #21014849
Jul 2, 2021
Sold
$949,900
$72/sq ft
May 17, 2021
Listing Removed
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May 11, 2021
Listed
$949,900
$72/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
211 ft.
Lot depth
248 ft.
Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Multi-Family (5+ Unit)
County
Garland County
APN
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Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Apr 28, 2023.
RN-5
Residential Neighborhood 5 District
The RN-5 Residential Neighborhood 5 District is intended to accommodate neighborhood development characterized by a mixture of single-family, single-family attached, two-family, townhouse, and low to medium density multi-family dwellings. The RN-5 District also accommodates select, compatible nonresidential uses.