Great income comes with with 3 bedroom 1 bath home sitting on 5 acres in Fountain Lake School District! 5 acres and current owner has property set up as an income producing property.Three, 3 bedroom 1 bath mobile homes on property, each renting at $550.00 month. Home rents for $625 per month.That's $2,275 income!! Nicely set up with adequate privacy for all and room to add others if interested. This is a great opportunity to buy a home and have it pay for itself, or buy as investment.
Off market
Zestimate®
$312,800
173 Zeigler Rd, Hot Springs, AR 71901
12beds
4baths
1,356sqft
MultiFamily
Built in 2005
-- sqft lot
$312,800 Zestimate®
$231/sqft
$1,351 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 4
Heating
- Forced air, Electric
Cooling
- Central
Features
- Washer Connection
- Flooring: Linoleum / Vinyl
Interior area
- Structure area source: Courthouse
- Total interior livable area: 1,356 sqft
Property
Features
- Exterior features: Vinyl, Metal
Lot
- Size: 5 Acres
- Features: Wooded, Sloped
- Topography: Sloping
Details
- Additional structures: Outside Storage Area
Construction
Type & style
- Home type: MultiFamily
- Architectural style: One Story
Materials
- Roof: Other
Condition
- Year built: 2005
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Water Connected
Community & neighborhood
Location
- Region: Hot Springs
Other
Other facts
- WaterSource: Public
- Sewer: Septic Tank
- RoadSurfaceType: Paved
- Topography: Sloping
- HeatingYN: true
- CoolingYN: true
- NumberOfUnitsTotal: 4
- ExteriorFeatures: Storage
- StoriesTotal: 1
- NumberOfUnitsInCommunity: 4
- Cooling: Window Unit(s)
- LotFeatures: Wooded, Sloped
- HomeWarrantyYN: True
- LeaseTerm: 6 Months
- OperatingExpenseIncludes: Insurance
- Utilities: Water Connected
- OperatingExpense: 1000
- NetOperatingIncome: 26300
- GrossIncome: 27300
- LotSizeSource: Courthouse
- FoundationDetails: Crawl Space
- Appliances: Electric Water Heater, Washer Connection, Dryer Connection-Electric, Built-In Stove
- InteriorFeatures: Washer Connection
- ArchitecturalStyle: One Story
- TenantPays: All Utilities
- CurrentFinancing: Other (see remarks)
- OtherStructures: Outside Storage Area
- BuildingAreaSource: Courthouse
- Road surface type: Paved