118 Garland Ave
Property Description
Income-producing quadplex located in the heart of Hot Springs, AR. This multi-unit property features a total of four units, including three (3) 1-bedroom, 1-bath units and one efficiency unit, providing a versatile rental mix that appeals to a wide range of tenants. Each unit is separately metered for electricity, allowing tenants to cover their own electric usage, while gas and water are on a shared meter, helping simplify management and expenses. The property's layout and unit configuration make it ideal for both long-term rentals and potential short- to mid-term rental strategies, depending on investor goals. Conveniently located near downtown Hot Springs, this property offers easy access to local shopping, dining, entertainment, and area attractions, increasing its desirability and occupancy potential. Its central location and consistent rental demand make it a strong addition to any investment portfolio. Whether you are expanding your portfolio or entering the rental market, this quadplex offers solid income potential, a desirable location, and the opportunity to maximize returns with strategic management and rental optimization.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $289,000 |
| No. of Units: | 4 |
| Year Built: | 1939 |
| Lot Size: | 2,021.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $72,250 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-CARMLS-26014055
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