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$239,000 For Sale

501 S Patterson Street
Hot Springs, AR 71901

4 units | Multi Family Home
10019 sq ft - MLS# 19000150
Property Photo
1/5

Description

Well maintained all brick 4 plex. Great rental history, fully occupied. All 2/1 with tile or laminate flooring, stackable washer/dryers, all kitchen appliances. Plenty of parking, picnic area, corner lot. Great for investor or anyone considering getting into the rental business. ROI could be increased according to the comperable rent rates in the area.

Features

  • 1ba # Of Units: 4
  • 2br # Of Units: 4
  • 2br Maximum Rent: 650
  • 2br Minimum Rent: 425
  • Annual Expenses: 2400
  • Annual Income: 24000
  • Approx Lot Size: 78x130
  • Area Amenites: Picnic Area
  • Basement: Outside/Walkout, Unfurnished
  • Ceiling: Sheet Rock
  • County/Area: Garland County
  • Elementary School: Hot Springs
  • Expenses Include: Taxes, Insurance, Maint./Lawn Care, Pest Control
  • Exterior: Brick
  • Exterior Features: Partially Fenced, Guttering, Dumpster
  • Floors: Ceramic, Laminate
  • Foundation: Crawl Space
  • Heating And Air Cond: Central Heat-Electric
  • High School: Hot Springs
  • Inside City Limits: Yes
  • Interior Features: Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Hot Water Heater-Electric,
  • Junior High: Hot Springs
  • Kitchen Equipment: Free-Standing Stove, Electric Range, Dishwasher, Refrigerator-Stays, Ice Maker Connection
  • Lease Type: Monthly, Other (See Remarks)
  • Listing Office: Trademark Real Estate, Inc.
  • Listing Status: Active
  • Lot: Sloped, Corner Lot, Not In Subdivision, Down Slope
  • Lot Size: 0.2300
  • Middle School: Hot Springs
  • Parking: Four Car Or More
  • Property Type: Multi Family Home
  • Road Surface: Paved
  • Roof: Composition
  • Source Of Square Feet: Tax Records
  • Stories: Two Story
  • Style: Traditional
  • Sub Type: Fourplex
  • Subdivision: Not In Subdivision
  • Subdivision/Neighborhood: Not In Subdivision
  • Tenant Expenses: All Utilities
  • Units: 4
  • Utilities: Sewer-Public, Water-Public, Electric-Municipal, TV-Cable
  • Walls: Sheet Rock
  • Year Built: 1975
  • Zip Code: 71901
  • Zoning: commercial

Courtesy of:

agent photo
                  Trademark Real Estate, Inc.
                   Hot Springs Main Branch
                   4262 Central Ave., Ste D
                    Hot Springs, AR 71913 
                    501-318-3200           

                    Trademark Real Estate, Inc.
                     Hot Springs Village Branch
                    101 Dentista Dr., Ste K
                    Hot Springs Village, AR 71909
                    501-922-0707