Company Logo

201 & 203 Parallel, Hot Springs, AR 71901

$485,000
  • 201 & 203 Parallel, Hot Springs, AR 71901 Main Photo

30 Total Photos [Click to View All]

New to the Market Active
BEDS0 BATHS MLS#156184
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONGantts Addition NEIGHBORHOODHOT SPRINGS SCHOOLHot Springs

Property Description

Investor alert! Presenting two updated two-story duplexes just off Park Avenue ? minutes from downtown Hot Springs and perfectly positioned for long-term or short-term rental income. Each unit features two bedrooms, recent updates throughout, and a layout that tenants love. With four units total, this is a turnkey income-producing opportunity with built-in cash flow from day one. Two units are currently occupied at $1,200 and $1,475/month, with recent rents at $1,475 ? and given their prime location just minutes from downtown, these units are ready for even greater returns. Whether you're a seasoned investor looking to expand your portfolio or a first-timer ready to get into the game, these duplexes check all the right boxes ? updated, occupied, and primed for growth. Properties like this don't sit long. Call today before someone else does!

201 & 203 Parallel | MLS# 156184

This multi-family property located at 201 & 203 Parallel, Hot Springs, AR 71901 is currently listed for sale with an asking price of $485,000. & 203 Parallel is located within the Hot Springs school district. Search Hot Springs real estate on www.crye-leike.com today.

Property Features

Property Type: Multi Unit - Multiple
Lot Size: 0.17 Acres
Property Type: Four-Plex
Year Built: 1920

Feature Descriptions

Days on Site: 3
Lot Dimensions: .17
Units: 4
Utilities: Electric-Entergy, Sewer-Public, Water-Public

Local Schools

School District: Hot Springs

Listed By / Shown By

Listed By

Agency Name: The Goff Group Real Estate
Agency Phone: 501-525-0908

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: Hot Springs MLS

Estimate Your Payment

Estimated Payment

$ 1,220.86 per month $1,079.40 Principal & Interest $0.00 Property Tax (data not provided by mls) $141.46 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder

Pixel