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Additional details
$ 289,000
Est. payment /mo
Price Dropped by $10K
118 GARLAND Avenue Hot Springs, AR 71913
4 Beds
2,021 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Four-Plex
Listing Status Active
Purchase Type For Sale
Square Footage 2,021 sqft
Price per Sqft $142
Subdivision Dawers Sub
MLS Listing ID 154902
Bedrooms 4
Year Built 1939
Annual Tax Amount $666
Tax Year 2025
Lot Size 6,969 Sqft
Property Sub-Type Four-Plex
Property Description
Income-producing quadplex located in the heart of Hot Springs, AR. This multi-unit property features a total of four units, including three (3) 1-bedroom, 1-bath units and one efficiency unit, providing a versatile rental mix that appeals to a wide range of tenants. Each unit is separately metered for electricity, allowing tenants to cover their own electric usage, while gas and water are on a shared meter, helping simplify management and expenses. The property's layout and unit configuration make it ideal for both long-term rentals and potential short- to mid-term rental strategies, depending on investor goals. Conveniently located near downtown Hot Springs, this property offers easy access to local shopping, dining, entertainment, and area attractions, increasing its desirability and occupancy potential. Its central location and consistent rental demand make it a strong addition to any investment portfolio. Whether you are expanding your portfolio or entering the rental market, this quadplex offers solid income potential, a desirable location, and the opportunity to maximize returns with strategic management and rental optimization.
Location
State AR
County Garland
Exterior
Utilities Available All Underground, Electric-Entergy, Water-Public
Schools
School District Hot Springs
Listed by Signature Homes Real Estate
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Nathan Cain
Agent | License ID: SA00097581