812 Shady Heights Road, Hot Springs, AR 71901
812 Shady Heights Road, Hot Springs, AR 71901
812 Shady Heights Road, Hot Springs, AR 71901
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$610,000
Est. payment /mo
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4,080 SqFt
Active

812 Shady Heights Road Hot Springs, AR 71901

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Dakota Wright

Dakota Wright

+1(501) 209-1773

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,080 sqft

Price per Sqft $149

Subdivision Lake Town

MLS Listing ID 25049817

Style Traditional

Year Built 1985

Annual Tax Amount $1,153

Tax Year 2025

Lot Size 0.300 Acres

Acres 0.3

Property Sub-Type Duplex

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.

Location

State AR

County Garland

Area Lakeside School District

Zoning other

Rooms

Kitchen Free-Standing Stove, Microwave, Refrigerator-Stays

Interior

Heating Central Cool-Electric, Central Heat-Electric

Flooring Laminate

Equipment Free-Standing Stove, Microwave, Refrigerator-Stays

Exterior

Parking Features Parking Pads, Two Car

Utilities Available Water-Public, Electric-Municipal

Roof Type Architectural Shingle

Building

Lot Description In Subdivision

Foundation Slab

New Construction No

Listed by McGraw Realtors - HS • Karen S Hudspeth

NEARBY SCHOOL & BUSINESS

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812 Shady Heights Road