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231 Oak Street, Hot Springs, AR 71901

$185,000
  • 231 Oak Street, Hot Springs, AR 71901 Main Photo

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Active
BEDS3 BATHS2 full SQUARE FEET1,349 MLS#26000231
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONHSR BLK NEIGHBORHOODHOT SPRINGS SCHOOL DISTRICT

Property Description

Income-Producing STR ??? Licensed and Operational. Secure one of the limited short-term rental licenses available in the city and step into an active, licensed VRBO with income generation starting immediately after closing. No startup delays, no permitting risk. Located near downtown with walkable access to high-traffic attractions including laser tag and go-karts, this property benefits from consistent guest demand. The home was fully remodeled in 2020, with additional furnishings added in 2023???all conveying with the sale???allowing for a true turnkey acquisition. Operating as the ???Rose House,??? the property shows solid historical performance and is positioned for improved returns. The asset offers a low basis relative to replacement cost???making it attractive for both cash flow and long-term hold strategies. Licensed STRs at this price point are scarce. Act quickly.

231 Oak Street | MLS# 26000231

This single family home located at 231 Oak Street, Hot Springs, AR 71901 is currently listed for sale with an asking price of $185,000. This property was built in 1926 and has 3 bedrooms and 2 full baths with 1349 sq. ft. Oak Street is located in the HSR BLK subdivision. Search HSR BLK real estate on www.clcommercialrealestate.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central
Heating: Central Heat
Home Style: Craftsman
Lot Size: 0.11 Acres
Roof Type: Architectural Shingle
Stories: 1.0
Taxes: $747
Year Built: 1926

Feature Descriptions

Appliance(s)/Kitchen Equipment: Free-Standing Stove, Gas Range
Days on Site: 60
Dining: Separate Dining Room
Exterior: Brick & Frame Combo
Fireplace: Decorative/Non-Functional
Flooring: Carpet, Wood, Vinyl
Lot descriprion: Sloped
Lot Dimensions: 0.11 acre(s)
Other Room(s): None
Parking Notes: Parking Pads
Sewer: Public Sewer
Water: Public Water

Listed By / Shown By

Listed By

Agency Name: Crossroads Realty Group
Agency Phone: 501-232-1223

Shown By

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

IDX logo

Source: Arkansas MLS

Estimate Your Payment

Estimated Payment

$ 527.94 per month $411.73 Principal & Interest $62.25 Property Tax $53.96 Homeowner's Insurance

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