532 & 532 1/2 Summer Street Active Save Request In-Person Tour Request Virtual Tour
Hot Springs,AR 71913
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,599 sqft
Price per Sqft $84
Subdivision Hot Springs Unplatted
MLS Listing ID 24038825
Style Traditional
Bedrooms 2
Full Baths 1
Year Built 1940
Annual Tax Amount $611
Tax Year 2024
Lot Size 7,840 Sqft
Acres 0.18
Property Description
Investment opportunity in Hot Springs' city center. This property includes a 2/1 main house plus a 1/1 garage apartment; combined rental income has been $1,200 a month (with room to grow!). The main house has been freshly painted and is ready for its new occupant. At 1,048 sq ft, a living room, eat-in kitchen, 2 bedrooms, 1 bathroom, attached laundry, and cute front and back porches make up the main house which previously rented for $700 a month. The 551 sq ft garage apartment is a 1 bedroom, 1 bathroom with a living/kitchen area and its own laundry; the apartment is currently rented for $500 a month. The garage apartment tenant has expressed interest in staying; lease ends in December. Central Heat and Air in the main house (2018); Garage Apartment has gas wall heat and window unit AC (2024). Schedule your showing for the main house, and the garage apartment may be viewed with an accepted contract.
Location
State AR
County Garland
Area Hot Springs School District
Rooms
Other Rooms In-Law Quarters
Dining Room Eat-In Kitchen
Kitchen Free-Standing Stove
Interior
Interior Features Washer Connection,Dryer Connection-Electric,Water Heater-Gas,Ceiling Fan(s)
Heating Central Cool-Electric,Window Units,Central Heat-Gas,Floor/Wall Furnace
Flooring Laminate,Tile
Fireplaces Type None
Equipment Free-Standing Stove
Exterior
Exterior Feature Patio,Porch,Outside Storage Area
Garage Garage,Parking Pads,Garage Apartment
Utilities Available Sewer-Public,Water-Public,Elec-Municipal (+Entergy),Gas-Natural
Roof Type Composition
Building
Lot Description Level
Story One Story,Other (see remarks)
Foundation Crawl Space
New Construction No
Schools
Elementary Schools Hot Springs
Middle Schools Hot Springs
High Schools Hot Springs