For Sale
$199,500

265 Glade St Hot Springs, AR 71901

Remodeled 3-bed, high-yield rental.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This 1935-built, single-family home in Hot Springs, AR (APN 35592), underwent a complete renovation in 2024. Boasting 1,288 square feet on a 5,683 square foot lot, this property offers a compelling investment opportunity. The property features a spacious open floor plan, new stainless steel appliances, energy-efficient windows and HVAC system, updated plumbing and electrical, and a fully fenced backyard with a large carport. Located near downtown Hot Springs and the National Forest, it benefits from proximity to walking and mountain biking trails. The property generates a strong NOI of $15,840, resulting in a 7.94% cap rate. The asking price is $199,500, translating to $154.89 per square foot. The permitted zoning is residential. This turnkey investment is ideal for a passive income stream. Please schedule a showing to explore this exceptional opportunity. Do not disturb tenants.

Highlights

  • Completely renovated 1935 single-family home in Hot Springs, AR (APN 35592).
  • 1,288 square feet on a 5,683 square foot lot.
  • Features an open floor plan, stainless steel appliances, energy-efficient updates, and a fenced backyard with carport.
  • Strong NOI of $15,840 and a 7.94% cap rate.
  • Asking price: $199,500 ($154.89/SF).

Property Details for 265 Glade St

Property type
Residential income homes
Square Feet
1,288 SF
Year Built/Renovated
1935/2024
Buildings
1
Stories
1
Units
1

Location Insight

City
Hot Springs
County
Garland
State
Arkansas
Latitude
34.526896181402
Longitude
-93.056558204492

FAQs

What type of property is this?
Residential income home - Remodeled 3-bed, high-yield rental.
Where is the residential income home located?
The property is located at 265 Glade St Hot Springs, AR.
What is the asking price?
The asking price for this property is $199,500.
What are key features of this property?
This property features: Completely renovated 1935 single-family home in Hot Springs, AR (APN 35592).; 1,288 square feet on a 5,683 square foot lot.; Features an open floor plan, stainless steel appliances, energy-efficient updates, and a fenced backyard with carport.
How can I contact the broker?
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265 Glade St
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