$599,900
$71K PRICE INCREASE

316 Hazel St Unit A,B,C,D,E,F,G,H Hot Springs, AR 71901

Downtown Hot Springs Neighborhood

Estimated payment $3,439/month

Total Views 4,037
-- Bed
-- Bath
3,100 Sq Ft
$194 Price per Sq Ft

Highlights

  • 2-Story Property
  • Balcony
  • Home Security System
  • Corner Lot
  • Porch
  • Ceramic Tile Flooring

About This Home

8 UNITS-ALL EFFICIENCY, UPDATED ELECTRICAL RECENTLY CHECKED BY A ELECTRICIAN, WITH ELECTRICAL, GAS, WATER MASTER METERS. CLOSE TO EVERYTHING, ACROSS FROM THE COURT HOUSE CLOSE TO EVERYTHING DOWNTOWN. OWNER PAYS ALL UTILITIES FOR TENANTS. SELLER HOLDS A ARKANSAS REAL ESTATE LICENSE. SELLER IS RETIRING FROM THE RENTAL BUSINESS. PROOF OF FUNDS OR PRE-APPROVAL LETTER UP TO THE AMOUNT OF SALES PRICE TO LOOK AT PROPERTY. THERE IS A PEST CONTROL CONTRACT IN PLACE WITH LEGACY PEST CONTROL. THE UNITS ALL HAVE EXHAUST FANS IN EACH BATHROOM. THERE ARE 6-24 HOUR PER DAY SECURITY CAMERAS IN PLACE ON THE PROPERTY.

Listing Agent

David Miller

Progressive Realtors License #PB00060096

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,351

Year Built

  • Built in 1930

Lot Details

  • Partially Fenced Property
  • Landscaped
  • Corner Lot
  • Level Lot
  • Cleared Lot

Home Design

  • 2-Story Property
  • Composition Roof
  • Stucco

Interior Spaces

  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Crawl Space

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Outdoor Storage
  • Porch

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Vented Exhaust Fan
  • Gas Water Heater

Community Details

Overview

  • 8 Units
  • 3,100 Sq Ft Building
  • Hsr Blk 98 Subdivision

Building Details

  • Electric Expense $4,248
  • Fuel Expense $2,220
  • Insurance Expense $1,400
  • Maintenance Expense $2,099
  • Water Sewer Expense $3,600
  • Gross Income $81,120
  • Net Operating Income $66,200

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,351

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Apartment
  • Style: Ranch
  • Subdivision: HSR BLK 98
  • Directions: WEST GRAND TO OUACHITA TO LEFT ON HAZEL.
  • Source Of Sq Ft: Courthouse
  • Warranty: As-Is, Prsnt Cnd at Clsng
  • Second Address Number: 316
  • Geo Longitude: -93.060346
  • OFFICELIST_STATE: AR
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Floors: Ceramic, Laminate, Tile
  • Interior Amenities: Hot Water Heater-Gas, Smoke Detector, Security System, Balcony/Loft, Fan-Ceiling, Fireplace - Insert, All Units
  • Stories: Two Story
  • Estimated Year Built: 1930
  • Kitchen Equipment: Dishwasher, Free-Standing Stove, Microwave, Refrigerator Stays, Exhaust Fan
  • Walls: Sheet Rock
  • Ceiling: Sheet Rock

Exterior Features

  • Exterior: Stucco
  • Exterior Features: Partially Fenced, Porch, Outside Storage Area, Storage Building
  • Road Surface: Paved
  • Roof: Composition
  • Foundation: Crawl Space

Garage/Parking

  • Garage: Parking Pads

Utilities

  • Heating Air Conditioning: Window Units, Space Heater-Gas
  • Utilities: Electric-Entergy, Gas-Natural, Sewer-Public, Water-Public
  • Electric Expense: 4248
  • Water Expense: 3600

Condo/Co-op/Association

  • Amenities: Security

Fee Information

  • Annual Expenses: 14920
  • Gas Expense: 2220
  • Insurance Expense: 1400
  • Maintenance Expense: 2099

Schools

  • School District: Hot Springs
  • School District: Hot Springs

Lot Info

  • Estimated Lot Size: 54' X 90'
  • Geo Subdivision: AR
  • Lot: Cleared, Corner Lot, Extra Landscaping, Level, Not in Subdivision
  • Zoning Type: C-2 General Business Dist

Rental Info

  • Annual Income: 81120
  • Lease Type: Yearly

Tax Info

  • Estimated Annual Taxes: 1351

Multi Family

  • Number Units: 8

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
03/14/2025 03/14/25 Price Changed $599,900 +13.4% $194 / Sq Ft
12/17/2024 12/17/24 For Sale $529,000 -- $171 / Sq Ft
Source: Hot Springs Board of REALTORS®

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Source: Hot Springs Board of REALTORS®

MLS Number: 149044

Hot Springs Board of REALTORS®

APN: 400-34700-007-000C