Active

5703 CENTRAL AVENUE

Hot Springs AR, 71913

$1,130,512


Active

Multi-family

Built in 1990

19 unit apartment building consisting of 11 townrow apartments in the front building and 8 duplex units in the back of the building. Unit count is 11 one bedroom/one bath, 5 two bedroom/one bath, and 3 studio/one bath apts. Property appraised for $1,190,000 in 2021 - priced for quick sale. Perfect property for out of town investor to collect cash flow now and renovate the few vacancies and increase rents. These are located in the prominent Lakeside School District. Owner added $48k in CAPEX by replacing all of the gas lines to every unit.

25002811

MLS ID

January 22, 2025

Listed

January 29, 2025

Updated

Map

5703 CENTRAL AVENUE
Hot Springs AR, 71913

Interior Features

Appliances

Other (see remarks)


Floor Description

Other (see remarks)


Fireplace

No


Cooling

No


Cooling Description

Central Cool-Electric, Central Heat-Electric


Heating

No

Exterior/Building Features

Lot Size

0.59 Acres


Exterior Features

Dumpster


Lot Features

Level


Architectual Style

Other (see remarks)


Roof

Metal

School Information

Elementary School

Lakeside

Other Property Details

Area Name

LAKESIDE SCHOOL DISTRICT


Days on Market

7


Garage

No


Parking

Other (see remarks)


View

No


Pool

No


Waterfront

Yes


Zoning

COMM. INPR

Courtesy of Baxley-Penfield-Moudy Realtors, Greg Calaway

Listing Contact: 501-529-1921 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of the Cooperative Arkansas REALTORS Multiple Listing Services. Real estate listings, held by brokerage firms other than Jeff & Paulia Kennedy, are marked with the Broker ReciprocitySM logo, and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The broker operating this web site believes the data here to be correct but advises interested parties to confirm them before relying on them in a purchase decision. Neither listing broker(s) nor Jeff & Paulia Kennedy shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.

©2025  Cooperative Arkansas REALTORS Multiple Listing Services. All rights reserved.

Data last updated 1/29/2025, 6:47 AM UTC.

Powered byLuxury Presence