$550,000
$25K PRICE DROP

201 & 203 Parallel St Hot Springs, AR 71901

Downtown Hot Springs Neighborhood

Estimated payment $3,296/month

Total Views 6,248
-- Bed
-- Bath
3,832 Sq Ft
$144 Price per Sq Ft

Highlights

  • Furnished
  • Home Security System
  • Ceiling Fan
  • Covered patio or porch
  • Central Heating and Cooling System
  • Partially Fenced Property

About This Home

Two large duplexes just north of downtown Hot Springs! Four separate units in total, each with two bedrooms and one bathroom. All four units are permitted as short term rentals with the City of Hot Springs; however, two of the units are currently rented on a month-to-month basis at $1,300/mo. each. The units are being sold fully furnished, which makes this a turnkey rental property. The property has great rental history and is very popular with guests due to its location near the bike trails and downtown Hot Springs. Lots of historic charm as well!

Last Listed By

Beau Durbin

ESQ. Realty Group - Hot Springs Listed on: 08/25/2024

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,500

Year Built

  • Built in 1920

Lot Details

  • 40 Sq Ft Lot
  • Partially Fenced Property
  • Cleared Lot

Parking

  • Parking Pad

Home Design

  • Wood Walls
  • Architectural Shingle Roof

Interior Spaces

  • 3,832 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Tile Ceilings
  • Ceiling Fan
  • Vinyl Flooring
  • Crawl Space
  • Home Security System
  • Washer Hookup

Kitchen

  • Gas Range
  • Stove
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Outdoor Features

  • Covered patio or porch

Schools

  • Hot Springs Elementary And Middle School
  • Hot Springs High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • 4 Units
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,500

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: Townhouse
  • Inside City Limits: Yes
  • LVT Date: 08/29/2024
  • Price Per Sq Ft: 143.53
  • Road Surface: Paved
  • Street Designation: Street
  • Type: Duplex
  • Zoning: Res Imp
  • Source Of Sq Ft: Courthouse
  • Estimated Year Built: 1920
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1920

Interior Features

  • Floors: Vinyl
  • Foundation: Crawl Space
  • Stories: Two Story
  • Interior Amenities: Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Hot Water Heater-Gas, Hot Water Heater-Electric, Smoke Detector, Built Ins, Fan - Ceiling, Fireplace - Woodburning, Security System, Furnished
  • Walls: Wood
  • Ceiling: Tile
  • Kitchen Equipment: Free-Standing Stove, Microwave, Gas Range, Electric Range, Dishwasher, Refrigerator-Stays, Ice Maker Connection

Exterior Features

  • Exterior: Brick & Frame Combo
  • Roof: Architectural Shingle
  • Exterior Features: Partially Fenced, Covered, Porch

Garage/Parking

  • Garage/Parking: Parking Pads

Utilities

  • Utilities: Sewer-Public, Water-Public, Electric-Municipal, Gas-Natural
  • Heating And Air Cond: Central Cool-Electric, Central Heat-Gas

Schools

  • Elementary School: Hot Springs
  • Middle School: Hot Springs
  • High School: Hot Springs
  • Junior High: Hot Springs

Lot Info

  • Estimated Lot Size: 0.17
  • Estimated Lot Size: 40'x92' & 40'x92'
  • Lot: Level, Cleared, In Subdivision
  • Geo Subdivision: AR

Multi Family

  • Number Of Two Bedroom Units: 2
  • Number Units: 4

Tax Info

  • Annual Taxes: 2500

MLS Schools

  • Elementary School: Hot Springs
  • HighSchool: Hot Springs
  • Middle School: Hot Springs

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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
01/17/2025 01/17/25 Price Changed $550,000 -1.8% $144 / Sq Ft
12/10/2024 12/10/24 Price Changed $560,000 -2.6% $146 / Sq Ft
08/26/2024 08/26/24 For Sale $575,000 -- $150 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24031804

Cooperative Arkansas REALTORS® MLS

Arkansas Garland County Hot Springs 71901 Downtown Hot Springs

201 & 203 Parallel St, Hot Springs, AR

This home is located at 201 & 203 Parallel St, Hot Springs, AR 71901 and is currently priced at $550,000, approximately $143 per square foot. This property was built in 1920. 201 & 203 Parallel St is a home located in Garland County with nearby schools including Hot Springs World Class High School, St. Luke's Episcopal Day School, and St. John Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cooperative Arkansas REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Beau Durbin
Listing Agent
Beau Durbin
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ESQ. Realty Group - Hot Springs
(501) 609-6493