112 Winchester
Hot Springs, AR 71913
MLS #18002680

Multi-Family
  • 4units
$315,000
Est. P&I payment: $1203.09/mo
112 Winchester, Hot Springs, AR 71913
  • 112 Winchester, Hot Springs, AR 71913 Photo 1
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Description for 112 Winchester, Hot Springs, AR 71913
Great location across from Lake Hamilton boat launch ramp, Four 3 bed/2bath units, all electric (2 up, 2 down), all w/covered decks. Gross potential rent is $35,040 annually. Can rent all four units (or would be ideal for investor to live in 1 & manage on-site). Currently, all 4 units are rented. Tenants pay utilities, owner pays for: termite contract, trash removal, ground maintenance, fire dept. dues & elec. bill for sewage grinder pump (total = $1,543.76 annually). New flooring in 3 units.
MLS #18002680
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My Notes for MLS #18002680

General Features

  • # Units: 4
  • 2BA # of Units: 4
  • 3BR # of Units: 4
  • 3BR Maximum Rent: 735
  • 3BR Minimum Rent: 650
  • Annual Expenses: 1,543
  • Annual Income: 35,040
  • Annual Taxes: 1,360
  • Approx Acreage: 0.25
  • Approx Bldg. SQFT: 4,800
  • Approx Lot Size: 105x85
  • Approx Year Built: 1997
  • Area: LAKE HAMILTON SCHOOL DISTRICT
  • CEILING: Sheet Rock
  • City: Hot Springs
  • Class: Multi-Family
  • County: Garland
  • EXPENSES INCLUDE: Taxes,​Insurance,​Management
  • EXTERIOR FEATURES: Partially Fenced,​Chain Link
  • EXTERIOR: Metal/Vinyl Siding
  • FINANCING (NEW): New Loan-Conventional,​Cash
  • FLOORS: Partial Carpet,​Vinyl
  • Foreclosure (REO)?: NO
  • FOUNDATION: Slab
  • GARAGE/PARKING: Parking Pads,​Four Car or More
  • HEATING AND AIR COND: Central Cool-Electric,​Central Heat-Electric
  • Inside City Limits: Yes
  • INTERIOR FEATURES: Washer Connection,​Dryer Connection-Electric,​Hot Water Heater-Electric
  • KITCHEN EQUIPMENT: Free-Standing Stove,​Electric Range,​Dishwasher,​Disposal,​Refrigerator-Stays
  • LEASE TYPE: Yearly
  • Legal: S22,​T3S,​R20W
  • LISTING TYPE: Exclusive Right-To-Sell
  • LOT: Level,​River/Lake Area
  • New Construction?: No
  • POSSESSION: Negotiable
  • Price Per SQFT: 65.63
  • Price: 315,000
  • ROAD SURFACE: Paved
  • ROOF: Composition
  • Sale/Rent: For Sale
  • Short Sale? (Y/N/U): NO
  • SOURCE OF SQUARE FEET: Seller Disclosure
  • Status Category: Active
  • Status Date: 2018-03-18
  • Status Detail: 7
  • Status: Take Backups
  • STORIES: Two Story
  • STYLE: Traditional
  • Subdivision: Metes & Bounds
  • TENANT EXPENSES: Electric,​Water,​Sewer,​Cable
  • Type: Fourplex
  • Unit 1 Apprx SF: 1,200
  • Unit 1 Rent: $735
  • Unit 2 Apprx SF: 1,200
  • Unit 2 Rent: $725
  • Unit 3 Apprx SF: 1,200
  • Unit 3 Rent: $725
  • Unit 4 Apprx SF: 1,200
  • Unit 4 Rent: $650
  • UTILITIES: Sewer-Public,​Water-Public,​Electric-Municipal,​TV-Cable
  • WALLS: Sheet Rock
  • WARRANTY: Normal Wrkng Ordr,​ As O&A
  • WATERFRONT: Other/See Remarks
  • Will Subdivide: No
  • Zoning: RI

Location

 
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Directions to 112 Winchester, Hot Springs, AR 71913
HWY 70 W TO HWY 270 W, take exit 2 onto Airport Rd., then left at light. Then, left onto Adcock Rd., left at the split onto Marion Anderson. Left onto Colt Dr., at end of road take left onto Winchester.
The listing information for 112 Winchester, Hot Springs, AR 71913 was graciously provided by our friends at the listing brokerage, First National Realty

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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on Sandstone Real Estate Group 's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. Sandstone Real Estate Group , Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 04/25/2018 at 11:58pm
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