812 Shady Heights, Hot Springs, AR 71901

$610,000
4,080
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$610,000
Status
ACTIVE
MLS#
25049817
Price Change
▼ $20,000 1772770948
Style
Traditional
Year Built
1985
Living Area
4,080
Acres
0.30
Region
Lakeside School District
Subdivision
Lake Town

Property Description

TURNKEY INVESTMENT OPPORTUNITY - 6 UNITS IN LAKESIDE SCHOOL DISTRICT! This income-producing property features six rental units across three duplex buildings and offers immediate cash-flow potential. Current gross annual rental income is approximately $61,907, with tenants responsible for utilities. At the current asking price $610,000.00, the property offers an approximate gross yield of 10.15% and a price per unit of approximately $101,667. Professionally managed with established rental history, this property presents an attractive opportunity for investors seeking both current income and long-term appreciation potential. In addition to its current income stream, the property presents potential value-add and future expansion opportunities (buyer to verify), offering investors the ability to further enhance returns over time. Conveniently located in the highly desirable Lakeside School District. Rent roll, lease information, and income/expense details available upon request.

Additional Information

Taxes
$1,153
Floors
Laminate
Exterior
Metal/Vinyl Siding
Roof
Architectural Shingle
Parking Description
Parking Pads, Two Car

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of McGraw Realtors - HS.