Building Size | 24,000 Square Feet |
Land Size | 0.58 Acres |
Zoning | Conforming |
Water | City |
Sewer | City |
Electric | Yes |
Year Built | 1900 |
Construction | Frame |
Roof | Composition |
This fantastic, historic property was home to a family doctor in its early days, and in 1920, the second story was added as an expansion
to the space. Located with incredible views overlooking part of downtown Hot Springs, this property is always in demand and the
vacancies are typically filled quickly. Driving up to the property, you will immediately see the old-world charm that makes it such a fun
property to own. There are nine 1-bed 1-bath apartments and three 2-bed 1 bath apartments. There is also a garage and then a couple
of carports that bring in additional income. There is a laundry room on-site with seller-owned coin-op machines. Some of the areas
adjacent to this laundry room used to be what looks like a wood or tinker shop. This could be leased out as well with some creativity...or
perhaps create an additional apartment space for lease! 7.5 cap!
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.