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812 Shady Heights Road, Hot Springs, AR 71901

$610,000
  • 812 Shady Heights Road, Hot Springs, AR 71901 Main Photo

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Active
BEDS0 BATHS SQUARE FEET4,080 MLS#25049817
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONLake Town NEIGHBORHOODLAKESIDE SCHOOL DISTRICT

Property Description

TURNKEY INVESTMENT OPPORTUNITY - 6 UNITS IN LAKESIDE SCHOOL DISTRICT! This income-producing property features six rental units across three duplex buildings and offers immediate cash-flow potential. Current gross annual rental income is approximately $61,907, with tenants responsible for utilities. At the current asking price $610,000.00, the property offers an approximate gross yield of 10.15% and a price per unit of approximately $101,667. Professionally managed with established rental history, this property presents an attractive opportunity for investors seeking both current income and long-term appreciation potential. In addition to its current income stream, the property presents potential value-add and future expansion opportunities (buyer to verify), offering investors the ability to further enhance returns over time. Conveniently located in the highly desirable Lakeside School District. Rent roll, lease information, and income/expense details available upon request.

812 Shady Heights Road | MLS# 25049817

This multi-family property located at 812 Shady Heights Road, Hot Springs, AR 71901 is currently listed for sale with an asking price of $610,000. Search Lakeside School District real estate on www.clcommercialrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central
Heating: Central Heat
Home Style: Traditional
Lot Size: 0.30 Acres
Roof Type: Architectural Shingle
Stories: 1.0
Taxes: $1,153
Year Built: 1985

Feature Descriptions

Appliance(s)/Kitchen Equipment: Free-Standing Stove, Microwave, Refrigerator-Stays
Days on Site: 173
Expenses Include: Other (see remarks)
Exterior: Metal/Vinyl Siding
Lot Dimensions: 0.3 acre(s)
Number of 1 Bathroom Unit(s): 6
Number of 2 Bedroom Unit(s): 6
Parking Notes: Parking Pads, Two Car
Units: 6
Water: Public Water

Listed By / Shown By

Listed By

Agency Name: McGraw Realtors - HS
Agency Phone: 501-881-3331

Shown By

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

IDX logo

Source: Arkansas MLS

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Estimated Payment

$ 1,631.60 per month $1,357.60 Principal & Interest $96.08 Property Tax $177.92 Homeowner's Insurance

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