$1,275,000
$175K PRICE DROP

Estimated payment $7,175/month

Total Views 3,862
-- Bed
-- Bath
7,776 Sq Ft
$164 Price per Sq Ft

Highlights

  • Lake Front
  • 0.82 Acre Lot
  • Stream or River on Lot
  • Lake Hamilton Elementary School Rated 9+
  • Contemporary Architecture
  • Tile Flooring

About This Home

Turnkey 6-Unit Lakeside Investment Property – Renovated 2 Bed / 2 Bath Units on Lake Hamilton Discover an exceptional investment opportunity on the tranquil shores of Lake Hamilton in Hot Springs with this beautifully remodeled 6-unit duplex-style complex. Each of the six units is a spacious 2-bedroom, 2-bathroom layout spread across two levels, offering thoughtful design and comfort for both long-term tenants and vacation guests. Every unit has been fully updated with modern finishes, including new appliances, contemporary kitchens, stylish bathrooms, fresh flooring, and upgraded fixtures—making this a true turnkey opportunity. Two of the units feature private fenced-in yards, perfect for tenants seeking extra outdoor space, while the remaining four units boast gorgeous, direct lake views. All residents enjoy shared access to a scenic boardwalk, fire pit area, and high-speed internet, enhancing both livability and vacation appeal. With potential monthly income of $2,100 per unit, the property could generate up to $12,600/month when fully optimized, offering a strong return as-is or even greater upside if converted into mid-term or short-term rentals (Airbnb). The lakefront setting makes it ideal for vacation rental use, with year-round demand in the Hot Springs area. This is a rare chance to own a waterfront income property that combines modern updates, flexible rental potential, and an unbeatable location. The owner is motivated and open to all reasonable offers, including creative financing options. Don’t miss this opportunity to invest in one of Arkansas’s most sought-after destinations.

Listing Agent

Shaila Sharrock

Partners Realty License #SA00093276 Listed on: 04/08/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,579

Year Built

  • Built in 1996

Lot Details

  • 0.82 Acre Lot
  • Lake Front
  • Level Lot

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Architectural Shingle Roof
  • Metal Siding

Interior Spaces

  • 2-Story Property
  • Tile Flooring
  • Electric Range
  • Washer Hookup

Parking

  • 1 Car Garage
  • Attached Carport

Additional Features

  • Stream or River on Lot
  • Central Heating and Cooling System

Community Details

  • 6 Units
  • 7,776 Sq Ft Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,579

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Lakefront Triplex
  • Style: Contemporary
  • Subdivision: Metes & Bounds
  • Directions: From HSBOR take left on to Orange St., Left on to Ouachita St., Slight right to stay on W. Grand Ave., Right on to Albert Pike Rd., Left on to Thornton Ferry Rd. Left onto McCurry Pt., left on to McCurry Terr.
  • Source Of Sq Ft: Courthouse
  • Warranty: As-Is, Prsnt Cnd at Clsng
  • Second Address Number: 110-113
  • Geo Longitude: -93.126894
  • OFFICELIST_STATE: AR
  • Street Designation: Terrace
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1996

Interior Features

  • Floors: Tile
  • Interior Amenities: Washer Connection
  • Stories: Two Story
  • Estimated Year Built: 1996
  • Kitchen Equipment: Electric Range

Exterior Features

  • Exterior: Metal/Vinyl Siding
  • Road Surface: Paved
  • Roof: Architectural Shingle
  • Foundation: Slab

Garage/Parking

  • Garage Type: Attached Carport
  • Garage Capacity: 1
  • Garage: Carport, Parking Pads

Utilities

  • Heating Air Conditioning: Central Cool-Electric, Central Heat-Electric
  • Utilities: Electric-Entergy, Gas-Natural, Sewer-Public, Water-Public

Schools

  • School District: Lake Hamilton
  • School District: Lake Hamilton

Lot Info

  • Estimated Lot Size: 0.82
  • Estimated Lot Size: 35719
  • Geo Subdivision: AR
  • Lot: Lake Front, River/Lake Area, Level
  • Will Subdivide: Yes

Rental Info

  • Lease Type: Monthly

Tax Info

  • Estimated Annual Taxes: 4579.11
  • Tax Year: 2024

Multi Family

  • Two Bedroom Number of Units: 6
  • Number Units: 6
  • Tenant Expenses: Water

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 Price Changed $1,275,000 -7.3% $164 / Sq Ft
05/13/2025 05/13/25 Price Changed $1,375,000 -5.2% $177 / Sq Ft
04/08/2025 04/08/25 For Sale $1,450,000 -- $186 / Sq Ft
Source: Hot Springs Board of REALTORS®

Source: Hot Springs Board of REALTORS®

MLS Number: 150403

Hot Springs Board of REALTORS®