Map
Listed price in listed location currency (USD).
$579,000

000

MLS® 157659

Overview

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage 
Maintenance Fees 
Taxes 
Days Active 0
Approx. Age 1920
MLS® Number 157659

Property Address: 310 Hawthorne, Hot Springs, AR, 71901

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

Description

INVESTORS, TAKE NOTICE! TURNKEY INCOME, CONSISTENT OCCUPANCY & SERIOUS UPSIDE POTENTIAL! Looking for an investment that starts working for you from DAY ONE? Welcome to 310 Hawthorne Street, a five-unit income-producing property in the heart of Hot Springs! Featuring four 1-bedroom units and one studio, with all utilities included, this property boasts approximately 90% annual occupancy and averages $975 per unit monthly, generating nearly $54, 000 in annual gross rental income! What truly sets this investment apart? The seller is willing to help set you up for success! Benefit from a hands-on transition, including introductions to established contacts, rental resources, and relationships involving VA and HUD housing programs that have helped keep these units consistently occupied. You're not just buying real estate—you're stepping into an established rental operation with valuable connections already in place! Situated in a Commercial Improvement area, this property offers exciting possibilities for future growth and value enhancement, subject to applicable approvals. Whether you're expanding your portfolio or purchasing your first multifamily investment, this is an opportunity to acquire five income-producing doors with established rental demand and the potential for a 10%+ return on investment! FIVE DOORS. ONE INVESTMENT. INCOME FROM DAY ONE. Opportunities like this deserve a serious look. Schedule your showing and explore the numbers for yourself!
MLS® Number157659
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1920
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatFloor/Wall Furnace, Space Heater-Gas
A/CWindow Units

Extras

Map

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