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About This Home
This 0-bedroom, 0-bathroom residential multi family at 1818 & 1820 Hobson Avenue in Hot Springs, AR is listed for $225,000 ($107 per sqft). Built in 1956, the home offers 2,104 sqft of living space on a 0.24 acres lot.
10% CAP RATE Incredible find for 2 single family homes on one tax roll! Can not divide, rent both or live in one and rent the other! Existing seller has redone both homes from the foundation to the roofs. Tenant occupied in the 2 bedroom 1 bath (891 sq ft) and the 3 bedroom 2 bath (1213 sq ft).
ALL ELECTRIC conversion. Gas lines present and not in use for energy savings for the quality tenants. Corner lot, near downtown amenities, Wal-Mart, bus route and best of all it is located up again West Mountain with access to walking trails! Income is over $2100.00 monthly currently.
Key Features
- Built in 1956
- 0.24 acre lot
Property Details
Monthly Cost Estimate
$1,203/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1818 & 1820 Hobson Avenue
Hot Springs, AR 71913-9999
Woodland
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Parking
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 1818 & 1820 Hobson Avenue is listed at $225,000 ($107/sqft). The estimated monthly payment is $975 based on 20% down at 6.5% interest.
Key features include: Built in 1956, 0.24 acre lot. Interior Features: Insulated Windows, Insulated Doors, Extra Insulation. Exterior Features: Porch, Wheelchair Accessible.
This property is listed by Sharon Tremor and can be reached at 5015383885 or stremor@mcgrawrealtors.com.
