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Listed price in listed location currency (USD).
$290,000

000

MLS® 155387

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 3064 sqft
Garage 
Taxes $1,268
Days Active 7
Lot Size 
Approx. Age 1950
Avg. Price Per Sqft $94
MLS® Number 155387

Property Address: 405 Spring St, Hot Springs, AR, 71901-4267

Average square foot calculated using Size range provided by listing agent.

Description

Investor opportunity with immediate income potential in the heart of Hot Springs. 401 Spring features a well-maintained 2 bedroom, 1 bath home with central heating & air, while 405 Spring offers a separately metered 4-plex comprised of four 1 bedroom, 1 bath units equipped with mini-split systems. Long-term leases are already in place, making this an ideal opportunity for a new investor seeking stable cash flow or an owner-occupant looking to offset expenses with rental income. Yearly: Rent $53, 952, Insurance $9000(estimate), Taxes $1268, Lawn $1800(estimate) Water-$4080(metered separately-leases should be amended at renewal.) 401- $1325 405 1-$786 2-$700 3-$820 4-$820 Situated in a quiet and peaceful area, this property package offers excellent upside and strong returns for a savvy investor. The two properties are considered one parcel. This offering is part of a larger investor portfolio that also includes additional multi-family and commercial properties, creating potential for expanded acquisition opportunities. Most units throughout the portfolio are separately metered and have been well maintained with established long-term tenants already in place. Conveniently located near historic downtown Hot Springs, shopping, restaurants, public transportation, and Hot Springs National Park.
MLS® Number155387
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1950
Basement
DrivewayFour Car or More, Parking Pads
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 8, 2026List Date
$290,000List Price
  • Commute

Commute

Starting Address
Destination Address
405 Spring St, Hot Springs, AR

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