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538 Prospect, Hot Springs, AR 71901

$1,050,000
  • 538 Prospect, Hot Springs, AR 71901 Main Photo
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Featured Listing Active
BEDS0 BATHS MLS#152798
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONHSR BLK 101 NEIGHBORHOODHOT SPRINGS SCHOOLHot Springs

Property Description

WELCOME TO HISTORIC PROSPECT MANOR. This Mediterranean Style Revival home offers 7 beautifully and meticulously renovated rental units. Located in the Quapaw/Prospect Historic District and just minutes from Bath House Row and hiking trails on West Mountain. This property offers a unique opportunity to live in one apartment and have immediate income from the others or use them all as income producing units. This historic renovation closely follows the Arkansas Heritage Foundation specifications and is a show piece to admire. From claw foot tubs, mosaic tiles, stained glass, antique light fixtures, and side board sinks, every corner offers another treasure to discover. The renovations include everything from the roof to the foundation. Including plumbing, wiring, shingles and roof decking, wood and tile flooring, windows, paint, custom cabinets, appliances, HVAC, tubs/showers, 2nd floor laundry with 2 new stackable units. Each unit has high ceilings, new appliances and period appropriate fixtures. A state-of-the-art fire suppression system was installed ($100k expense), and includes a monitored fire alarm system and sprinklers inside all units, common spaces, and storage areas. Currently rent covers all utilities including internet. Off-street parking behind the building allows for ease of access to your upstairs units. No historic renovation in Hot Springs rivals this one, and now the home is positioned to last another century as part of this great city.

538 Prospect | MLS# 152798

This multi-family property located at 538 Prospect, Hot Springs, AR 71901 is currently listed for sale by Crye-Leike REALTORS Hot Springs, with an asking price of $1,050,000. Prospect is located within the Hot Springs school district. Search Hot Springs real estate on www.clcommercialrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Home Style: Colonial
Lot Size: 0.33 Acres
Property Type: Apartment
Roof Type: Metal
Stories: 3.0
Taxes: $2,039
Year Built: 1910

Feature Descriptions

Appliances: Built-In Stove, Dishwasher, Microwave, Refrigerator Stays
Days on Site: 148
Energy: Insulated Windows
Heating/Cooling: Central Cool-Electric, Central Heat-Gas
Interior: Dryer Connection-Gas, Smoke Detector, Washer Connection
Lot: Level, Sloped
Lot Dimensions: 14201
Road Surface: Paved
Units: 7
Utilities: Sewer-Public, Water-Public

Local Schools

School District: Hot Springs

Listed By / Shown By

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Listed By

Agency Name: Crye-Leike REALTORS Hot Springs
Agency Phone: (501) 276-2640
Agent Name: Nikki Reed

Source: Hot Springs MLS

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Estimated Payment

$ 2,813.01 per month $2,336.84 Principal & Interest $169.92 Property Tax $306.25 Homeowner's Insurance

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